Multitimeframeanalysis
GBPUSD - Pullback before Trend Change*** Trade at your own risk! ***
*** Not every idea is also traded by us ***
Hi Traders!
In the following you'll see a Multiple Timeframe Analysis.
It includes a screenshot and and a few bullet points.
Monthly TF:
- Monthly Consolidation
- Market bounces between those three Levels: 1.23, 1.32 and 1.42
Weekly TF:
- Lastly, after the price reached the top monthly Level, it bounced back from the middle monthly Level.
- Now it is at the weekly Resistance
- Broke out of the descending TL --> bullish power
Daily TF:
- On daily TF, we have a Downtrend with LHs and LLs
- Recently, the price made LH and starts fall
- The discount entry for bulls and the TP of bears is probably at the orange Area of Support
This Down-movement is very likely to happen in our view.
- After that, we have two possibilities:
1) The market moves up again and breaks its LH. It makes a HH and the Downtrend would be broken.
2) The market falls down lower and makes a new LL. The Downtrend would be continued then.
- But those possibilities come afterwards
H4-TF:
- As mentioned on the daily section, a down-movement is likely in our view
- The ascending H4-Trendline is one barrier, which could make it a bit difficult to move lower
H1-TF:
- On the hourly TF we see, that the Up-Trend has changed:
- We had HHs and HLs, but now we can recognize a LH and a LL
- Equally, the Break of Support could mean SLs for buyers and that's why they'll stop buying more potentially
- Also the MACD indicator shows us strong bearish Momentum
If you have any questions, another Point Of View or anything else, don't hesitate to share them!
Thanks and successful Trading!
XAUUSDGLOBALPRIME:XAUUSD
FOR SHORT
** Already in the DAILY RESISTANCE
** in the making of a DOUBLE TOP in 4H (waiting for confirmation)
** DARK CLOUD COVER FORMATION (waiting for confirmation)
*** MAKING a Bearish Flag in 15min
Swing Trade for COALINDIALong Entry for COALINDIA: at a support zone in the trend line, being followed from October 2020. In weekly chart, we also see a long lower tail candlestick at the trend line support zone on the week 20 Dec 2020.
Buy between - 146-150
Stop loss - 138
Holding Period - 2-3 weeks or longer
Note : If you risk to trade this idea, you alone will be enjoying it's profit as well as the loss, if something goes wrong.
Happy Investing :)
EURUSD - LONG TERM VIEWFX:EURUSD is currently trading in a range on weekly and daily basis.
The crucial resistance level is 1.14246.
The next two crucial levels are 1.15924 and 1.17006.
If the trend line and the range breaks, these crucial levels are the next to reach .
The forecast line is being followed from 2016, at 2020, we have seen a big volume when the price reached near to this line again.
Trade Details :
Trade Active: When range, trendline breaks
Entry at or below = 1.14246
Stop Loss = 1.11679 , or the Red Forecast Line
Target 1: 1.15924
Target 2: 1.17006
Trading period: 5-6 weeks or longer
Take your trade only after doing your own analysis and plans.
Happy Trading :)
AWC is "On Time" for a move upThis one to me looks great on multiple timeframes with technical's and price indicating evidence of bottoming with another move higher.
Short term conditions -
Long term conditions -
My stop is 1 ATR below the .618 level and target is 2.20which represents a very good risk to reward ratio of 1:5 at current levels.
BTC $BTC #BTC Maybe in 4HDear Friends
Tomorrow is the last week of the year and maybe the price will have volatility until a higher important zone(53-54).
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
COALINDIA LONG-TERM VIEWToday COAL INDIA closed over 200-day EMA backed by a high volume trading.
Also breaks the downward weekly trend-line followed from August 2015 on a daily basis. If it stays above the trend-line for this week, we can go long for couple of weeks.
Next Support levels to watch:
Support 1 = 162.20
Support 2 = 172.80
Check out the link to my previous Swing trade idea for COALINDIA.
Happy Investing :)
This summer will be an amazing time to buy bitcoin!Patience brings profits in this analysis I dissected best areas to get active in a major way. Through a fractal understanding of the market if you know how the 3 scenarios I drew go then we can take that knowledge down to a 5,1 min chart and operate off of the same bases and bank some huge profits. This is not financial advice, I draw my charts like this in order to prepare for volatility, like if you agree!