Multiple Time Frame Analysis
NAS100 10/21/24💡
🔍 5hr time frame impulse: Price has made an impulse above the 10/20emas.
🔍 5hr time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 30m time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the 5hr has showed.
Bias: Bullish
USDJPY_maintains a steady uptrend OANDA:USDJPY
Similarly, I analyze and trade the current flow or what you can also call the current price action, looking at the 1D Timeframe you can notice a strong buy momentum, creating new structures and leaving gaps behind to be mitigated or filled, once that is achieved by a pullback, USDJPY will irresistibly continue the rally to make a new higher high.
Sit back and watch, or do your own research and join the flow. If I may ask, what would you have done currently, considering the latest steady movement, Buy or Sell?
POTENTIAL SHORT OPPORTUNITY AMAZON (AMZN)Hello everyone hope you are all doing fantastic today!! Just wanted to come on here before the start of the trading week and make a post for this awesome community on a potential short sell setup I see on Amazon! So let's dive in!
OK so I am going to keep it really brief and simple for you all! Since simple trading truly is sustainable trading. So let me give some bullet points based on each timeframe that is giving me a short bias! Here we go:
1. Weekly Chart: price had huge sell off from 200 to 150 per share in price; now with prices pulling back (expecting potential follow through)
2. Daily Chart: Price had a sharp drop from 195 to 180 per share; formed strong zone of supply; buyer is coming in with weaker momentum than the seller (showing seller control); ALSO pulling back into a potential 78.6% discount zone on the daily fib retracement tool
3. 4H Chart: Broke structure lows around 183 per share. Now pulling back into supply; watching for potential divergence, etc.
OK guys there is my simple breakdown for you guys! Basically just seeing if we get some of that follow through to the downside following that large sell off on the weekly timeframe! Hope you all enjoy and have an amazing rest of your day! Cheers!
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CHAINLINK SWING TRADINGSwing trading
BINANCE:LINKUSDT
Seeing that the structure has been respected, I decide to open a position now. These are my arguments:
Bullish arugments:
Monthly PCL being disrespected
Weekly PCL being disrespected
Daily swing low being disrespected
4H swing low being disrespected
So far I see no bearish arguments.
Trade management:
SL at $9.94 which that would indicate strong rejection and would power a search for liquidity at the lower end of the range. However, there does not seem to be so much weakness to look for a lower low than the September low.
TP, partials could be obtained. A partial TP would be on liquidity on the buy side at $13.90 and let profits run to ITH with SL on BE once the 1TP profit is taken.
XAU/USD 21-25 October 2024 Weekly AnalysisWeekly analysis:
Swing Structure: Bullish.
Internal Structure: Bullish.
Price has continued to print all-time highs and surge, with no signs of bearish pullback phase initiation.
The first indication of a pullback would be price printing a bearish Change of Character (CHoCH), marked by a blue dotted line.
Price has continued to rise, bringing CHoCH positioning significantly closer to analysis dated 22 September 2024.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish Internal Break of Structure (iBOS) and continued its upward surge, driven by soft U.S. macroeconomic data and increasing geopolitical tensions.
Following the bullish iBOS, a bearish pullback is anticipated, though there are no current signs of it materialising.
The first indication, but not a confirmation, of a pullback would be price printing a bearish Change of Character (CHoCH). Since last week's analysis, CHoCH positioning has been brought significantly closer to current price action.
The bearish CHoCH level is denoted by a blue dotted line.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Since the last analysis, due to illness, price has printed both a bullish iBOS and a subsequent BOS.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs).
Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line.
At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action.
H4 Chart:
Silver (XAGUSD) - Has The Bull Run To $50 Begun? 10%* appreciation if you were buying Silver in a discount below $30.32 which is something to be proud of.
Silver should be seen as a long term hedge against inflation. There will always be a need for silver and as long as the money printer goes Brrrrrrrr, price will slowly trickle to the upside overtime.
INJUSDT.P / H1 / LONGINJUSDT may rise from the order block
Bullish Order Block :- 21.974 and 21.648
The price for INJUSDT Perpetual is currently near the bullish order block ranging between 21.974 and 21.648 . As the price has already touched this order block, it suggests potential upward momentum. Based on this, we can anticipate that the price may rise from this level. However, it’s important to monitor how the price reacts within this zone before making any decisions, as price movements around order blocks can vary depending on market conditions.
My analysis suggests :-
Entry Price :- 21.962
Take Profit :- 23.022
Stop Loss :- 20.895
LINKUSDT / H1 / SHORTLINKUSDT may experience a downfall from the Bearish Order Block!
LINKUSDT is nearing a significant resistance zone. The pair touched this zone a few hours ago and has begun moving downward. Based on the market behavior, we can expect a potential decline of around 2.5-3% from the resistance zone.
Resistance Zone: 11.67 and 11.55
The price has already reacted to the resistance, and it appears there are high chances of a further decline. Let's see how the market unfolds from here.
Entry price :- 11.45
Take profit :- 11.15
Stop loss :- 11.78
XAUUSD LONG VIEW
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TBZ NSE MTF 12Y RBC BO- POSITIONAL TBZ JEWELLERS STOCK Analysis
TRADE PLAN (WTF Close Price for SWING /POSITIONAL)
ENTRY -298 25 to 50% Qty, Add 50% qty progressively DTF Close
SL -248
TARGET - OPEN, TGT02--581
Hold For a 2-3 Year or TGT 2
Chart Pattern :
STOCK Completed a RBC of 12Y closing above the previous ATH in Monthly TF.
INDICATORS EMA :
The Price is Currently Trading above 20EMA, and 20EMa above 50EMA in DTF. STOCK EMAs are currently in Ascending alignment, indicating of a bullish Trend continuation DTF/WTF.
FIBO/E :
Volumes: There is a uptrend in Volume on the Monthly Charts for a Year above the 20VMA
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses in the direction of your POV...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade