SPY multi-timeframe analysis and targetsSPY is in a downtrend, and that is the path of least resistance (as Brian Shannon likes to say). My trade bias is still short, but as of the time of this video it looks likely that there is some support building intraday, and the market could go sideways or up to challenge resistance before continuing down. Targets are presented in the video.
Timeframe
Lunar MTOPS Forecast For BTCHere is my current forecast for BTC
it seems like we are currently getting mixed signals with btc here we have 4 charts from different time frames and as we approach the end of the first quadrant of the 512 chart we seem to have just printed our second TP telling us the market should pull back to print a higher 3 but on the 128 we are still looking for 10 to complete before going to 1 in the next cycle
The 32 min has just pierced the killzone and is also looking to put in TP 10 soon so maybe the 128 and 32 will sync up and both print 10 at the same time which would give us a strong buy signal, not saying we will go to all time highs but it should give us some short term relief.
If you like these forecasts and wish to learn more about our methods follow my tradingview account and send me a message to see if you would be a good fit for our mentorship program and also I trade live on twitch daily producing some of the highest quality BTC signals derrived from methods used by WD GANN.
Analysis on EURAUDIn daily time frame, this pair is in a strong down-trend.
In 4 hour time frame, price was rejected by the trend-line.
In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction.
So we are going short on this pair.
BTCUSDT Reached the Peak of this Cycle, AB=CD patternBTCUSDT Reached the Peak of this Cycle. On this chart you can see Fionacci's golden ratio correlations in a daily macro overview. We have a strong confluence between the actual peak as a pullback to Head and Shoulders neckline and the count of timeframe besed on golden ration, peak by peak. A monthly target is speculated based on AB=CD harmonic pattern.
USD/CAD - Study purpose only**IT IS NOT INVESTMENT ADVICE**
Hi guys, It's just a publication for studies of my trade system that I am testing.
My projection is a up trend on usd/cad because he does a up trend in short term and struture in long term.
I'm looking to buy this pair until it breaks the higher high and higher low in the short term trend (Up trend).
I am posting it here just to study my perspective over time and it is not a investment advice.
No one can make money by taking ideas here from tradingview because entry is just a part of making consistent money.
We need to know what we are doing, manage the trade/risk and be strong with psychology.
Just look at this idea to see what happens and why I did it. Don't invest by taking someone else's idea because you don't become an investor by doing that!
BTC 15M SHORT Up to 15 H laterbtc with two falling candlesticks from the price level of 38220 usdt has corrected its price to Taqaza area and is currently completing the pullback, and the continuation of targets 1 is available at 37079usdt, target 2 is available at 36914 usdt and target 3 is available at 36765 usdt.
USDJPY Entering demand!!USDJPY is entering a order block soon and above the order block, we have some imbalance to fill so I think the price will create fake support and then grab the demand so the price will move up.
Before I enter this trade I always wait for some kind of break of structure or change of character so make sure you do the same.
this is no financial advice, Trade wisely
Multi-timeframe, multi-momentumKudos to Chris Moody for creating these excellent indicators. The momentum is shown in three timeframes, two by the dual stochastic and another by the macd. Both stochs are set to 838 - I know it says 883 but I cut my teeth on MetaTrader 4 and prefer that labeling scheme - with the fast one tracking 15 minutes and the slower tracking 30 minutes. The macd is set to default except it's tracking 45 minutes.
I could sit here and tell you to do A when condition B is met, then C when D but instead I'd prefer that you make it your own and adapt it to your needs and ways. I love using a setup like this to help visualize the longer trend and as a filter. Will also add that I see a lot of emphasis placed on overbought and oversold (80/20) but the 50% mark as just as if not more important. May your trading be successful!
btcusdtHello friends
Every time I look at the chart, I see nothing but upward movement conditions
But it all depends on the weekly candle that closes tomorrow
In terms of time, we will most likely climb on January 8th
So before that there is a possibility of suffering or a slight decrease
If you look at the weekly time frame in the picture (top right) it promises to decrease to 22 thousand
Part2 of my last IdeaRight here is the importance of multi-timeframe analysis
As you can see, We have a healthy trend
How do I know this?
When the price in a trend rises, volume increases, when a trend does a pullback, the volume decreases.
If you see these things in a trend, know that it's a healthy trend.
KSM/USDT analysis on 4H Time FrameKSM/USDT is on trend line which show neutral behavior either break trend line then opening a short position is a good option for profit and if not break the trend line we have a good long opportunity for profit..
Always do your own research before going to trade this is not a financial advice
Support Resistance zone Breakout with Volume Here it is clearly shown that there is horizontal Trend line zone area, where the price got couple of times resistance and same area it got support also and now recently price had given good breakout (with good intensity of volume) of that same level now, trend indicator macd in multi time frame is also suggesting positive along with rsi strength in multi time frame positive, we can expect the price could start the rally towards previous all time high.
Weekly macd is positive crossover and Uptick and also above zero line
Daily macd is positive crossover and Uptick and also above zero line
Weekly RSI is Uptick and also above 60
Daily RSI is Uptick and also above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
The Daily TimeframeI am commonly asked what is the most important time frame to analyse your pairs on. Which doesn't always result in a simple answer since multiple time frames must be taken into consideration for successful trading e.g. weekly/daily/4h/1h.
However, there is the one that is universally considered to be principal and that is the daily time frame. Here are some of the main reasons why so many traders rely on a daily time frame and why you should to:
1️⃣ - Daily time frame shows a global market trend at the same time reflecting a mid-term and short-term perspective allowing the trader catch trend following moves and spot early reversal signs. The simple nature of one candle closure per day keeps things a lot more simple compared to lower timeframes.
2️⃣ - Covering multiple perspectives, the daily time frame is the foundation of the majority of the trading strategies and is the main source of key levels & pattern analysis.
3️⃣ - Filters out news events that happened during the trading day. It shows the composite reaction of the market participants to all the data posted in the economic calendar.
4️⃣ - Daily time frame reflects all trading sessions. Within one single candle, we see the outcome of the Asian, London, and New York Sessions.
5️⃣ - Daily candle filters out all the noise from lower time frames & intraday price fluctuations and sudden spikes & rejections.
6️⃣ - Similar to covering all the trading sessions, daily time frame also mirrors the activities of big players like hedge funds and banks. Showing us the flow & direction of big money.
⚠️ Please note: Despite the daily timeframe being so important for analysis, still do not neglect other time frames. The most accurate trading decision can be made only relying on a combination of intraday and daily time frames.