Timeframe
XAUUSD H4 TIMEFRAMEMy overall analysis on XAUUSD.
Gold is respecting zones perfectly. I am waiting for price to remain bullish, range, then drop (bearish).
Did both buy and sell setups just incase of what occurs at the inauguration tomorrow.
If price breaks structure (purple line), I will look for buys. If price breaks rectangle box, and also green line(1863.61), I will WAIT for retracement, then buy Gold.
REMINDER: Always take Profit/Partial Profit for TP1. Price usually retraces then comes back to zone.
USDJPY 1HR TIMEFRAMEUSDJPY is currently in a triangle flagpole pattern on both the 4HR and the 1HR Timeframe.
Waiting for it to break the pattern. I placed both buy & sell setups if it breaks to either the upside or the downside.
USDJPY Market Structure is in a downtrend on the Daily timeframe so I'm looking for sell entries.
REMINDER: ALWAYS TAKE PROFIT/PARTIAL PROFIT AT TP1. Price majority of the time will retrace/pullback to the Supply & Demand area (Rectangle Box).
If you have any questions, ideas or concerns, feel free to message me.
MUST SEE!!!!!! How candle time ranges make a BIG differencethis is a quick chart today.
the point of this chart is to illustrate how zooming out even 30min can change your whole perspective on how the market is moving.
left side 1h chart
right side 1.5hr(90min) chart
within the circled range (the breakout) you can see in the 1HR chart 3 red candles vs. the 1.5HR chart has no red candles. NONE!
if your waiting for your candles to close before you freak out on a dip then on a 1.5hr chart you would have never seen a reason to close a long.
if red candles scare you out of trades. always zoom out on the charts instead of freaking out and being impulsive.
tip of the day...never trade based off candles smaller than 1HR.
***im not a professional ....i do this cuz i like to help other make money too!****
ETH / USDT - 1H TF. Magnet level Dear friends, a little intraday for you.
The previous idea was reviewed at an older TF.
But if we evaluate the ETHER for 1-2 hours TF, then you can see how the price very often returned to the same level. Namely to 740-745
For the given time, the price is pulled in this direction.
But we also have a rising wedge, the price of the lower border is still trading.
Going beyond this border on the volume (or an impulse closing with a candle at 2h TF, will show you the price path.
You don't need to invent anything, just confirmation.
Since there is a possibility of growth, before the upgrade of the peaks, as well as up to 800-850 dollars for 1 ETH
We cannot ignore the moment that we have an upward trend.
Therefore, I am writing to you all the plans, if someone decided to take a position.
I still adhere to the fact that the price will fall, but the 745 level will show itself.
ETHEREUM BULLISH! BREAKOUT over 800??Hey there,
Thanks for liking the post and following me on TV!
Comment below!
We got a nice ascending triangle on Ethereum USD.
The measured move target is alining aproximately with the prior swing high
on big timeframes.
Seems like there is heavy resistance at ~830 USD.
At around 760 USD we have the 50% retracement of the fibonacci,
yet I think that will be crushed easily, let's see!
Since Bitcoin will struggle to hold above 30k, I think we won't see higher
prices than 35k. Most likely ETH will retrace at a similiar time.
Bigger timeframes is largely extended and screams for a correction.
Therefore this is only a quick swing trade over a few days, maybe a week!
Cheers,
Konrad
CADJPY Multi time frame AnalysisHey traders, here is the analysis for the CADJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
EURUSD is resting to do a big jumpEURUSD has broken its resistance of 1.2000 after a consolidation of 130days.
it also has broken major resistance of 1.21000 strongly.
to continue , this pair needed a rest, last week eurusd was in a bullish flag and one time tried to break that.
the zone of 1.21 is a key level i think. in this zone we have major SR zone , and as you see in 4H the EMA50 is waiting for price just close to 1.21
I personally will open a long position in this zone just in case i see a 4H signal .target can be 1.25000 but of curse we will face barriers near zone of 1.22.
just note, if price close lower than 1.2100 it can come to start from 1.2000....so wait for signals....
position will be long anyway but just keep an eye on zone of 1.21.
DXY(Dollar INDEX) Support is not yet reached! Analysis!
Hello, Traders!
DXY, The Dollar Index keeps falling
It takes looking at the 1D timeframe to see the next support level 89-88
Till then, we might see some pullbacks, but the first real support is there
So looking at the chart, it seems like the dollar will keep falling
Before it reaches this support, and only then will reverse and go UP
Buy from support 89-88!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Continued long forecast (History and psych level based)So far a my sentiment for this pair has been fairly accurate and I have been basing off my preferred trading strategy incorporating News, fundamentals, and technicals.
The levels of support and resistance I have mapped out above the 1.19990 level become psychological levels that have strong support and resistance rejections/breaches that can be strongly correlated to the pairs history in this zone.
The continued forecast I have mapped out is based off the end of 2017 beginning of 2018 trend that reached a target of 1.25000 which will be my ultimate target. To add to this sentiment, the trend we are seeing at the end of 2020 is accelerated comparatively.
The next retest point is 1.23000 and we will see a pullback with continuation to 1.24000 followed by consolidation and a final push to retest 1.25000. Given the acceleration of this trend based off time period we may see a push through 1.25000 to reach previous highs.
If you have the time back track to 2017 and 2018 to observe the pattern and correlated to my sentiment. I have attached two previous EURUSD one of which was spot on price action.
Thank you for taking the time to check this out please comment with thoughts and ideas.
How to trade a Range / Real case on EUR/AUDGood morning traders! Today we detected a trade opportunity in the EUR / AUD pair and we want to share with you in detail how we perform a multi-timeframe analysis to develop a setup.
🔸The first step is to start on a high timeframe chart in order to see the long-term behavior, whether it is in an uptrend, downtrend, or range.
🔸What we see on the daily chart of this pair is that it has been moving within a range for several months without a clear main trend. Of course, inside this range, there are internal trends of less temporality, which is what we will use later to be able to develop the setup.
🔸Talking about the price situation at this time, we see that it is coming out of a support zone that was tested multiple times, and that each time it faced that zone it generated an upward movement. Because of this, we are now expecting the same behavior.
🔸Decreasing the timeframe to 4H, we are preparing to analyze the short-term behavior.
🔸Following the bounce in the support zone, the price broke to the upside the Descending Trendline, this was a strong bullish sign. The problem with this break is that there was a Resistance zone very close, so we needed this zone to be penetrated to the upside before looking for an opportunity.
🔸This is what happened a few days ago. The price generates a bullish breakout, and not only that, but also begins a corrective process in a throwback to the support zone (previous resistance).
🔸Due to all this confluence of factors, we consider this pair to be a good opportunity.
🔸Using the cloning of the first impulse as a movement objective, it offers us an excellent risk-benefit ratio.
AUDUSD, Perfect play 15 min. time frame A beautiful play on AUDUSD 15 min. time frame. Price falls down to my 27 extension ( TP )
Trade Nov 2017 trend ( EUR 2017 play out and NZD 2018 play out)When pairs make significant moves to reach all time highs I back track the pair to the last time the similar move played out which was this time in 2017 for GBPUSD. I am a big timeframe trader and have read multiple accounts of traders trading based off past moves. These moves and timeframe correlate.
I have also back tracked NZD pairs to the last time we saw NZD make a push like this and it was this time in 2018. Last time EURUSD made it to this zone was this time in 2017.
These pairs are playing out exactly how they played the last time they were in these zones and it’s playing out the same months and nearly the same day.
GBPUSD- 1.42200
NZDUSD- .74000
EURUSD-1.25000
Market Profile na prática - 19/11/20 - Parte 3Nesse vídeo entramos em detalhes de uma operação realizada, bem como seus alvos.
Gold will go up anywayprice still is in long-term uptrend.
so i think its logical to look for buy opportunities in key levels only.
price now is engaged between 1884-1892usd. any close beyond this channel make a big momentum.
the best levels for buy are around 1850 and then 1800usd.
Multiple timeframe analysis for $NVAX --> very bullishMonthly, weekly, and daily charts all point north.
we can sell for a 2.5 reward to risk ratioOANDA:USDCAD
here we have a complete retrenchment of our last swing low. the mid-time time trend is downtrend .and the short-term uptrend has been broken and retested.
NZDJPY - Muti TF Technical Analysis - 6 year trendline & SupportThis is a high probability trade with an almost 6 year trend line that we broke out of this month sitting on a well tested formerly supply zone, now demand. That's it. Simple trade. 😇
The Daily price action appears to be slowing down so should be primed for a buy right at the trend line.
Set your TP wherever you like but I'll probably set the initial TP at 73.5 but have it trailing at 1xATR and ride the incoming trend.
Please follow proper risk management. I use 1.5x Daily ATR which puts my SL at 225pips. Pretty large but as a more volatile pair, this could easily test your resilience and have a large DD before going in your direction. Buy at the DD and don't be the DD 😅.
Happy trading
BTC Dancing In Triangle!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When taking a look at BTC/USDT we see it trading in a triangle. Bulls and bears respect these zones until it reaches close to the end where a decision needs to be made. Personally i think it can go either way but i'm leaning more towards the bullish side. Lets watch closely and see exactly how this plays out in the next 24 hrs. Each line is an area of value where you can enter a quick short position or long. remember to use your stops and good luck!
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
Market Profile na Prática - 10/11/20 - Dólar futuroA pedidos, explico um pouco como se daria a análise no dólar futuro e utilizando as ferramentas mais populares por aqui como Profitchart.
Market Profile na Prática - 09/11/20 - Parte 1Continuando a série, veremos como a dinâmica de valor se comporta frente à notícias e, assim, trazer mais claridade para onde certo ativo está querendo ir, comparando inclusive com outros ativos.
