Multitimeframeanalysis
USD/CHF: multi-timeframe observation. Where are we headed next?Looking at the Daily timeframe chart illustrated on the left-hand side of the screen, we may notice that the price has printed a massive DAILY rejection wick and failed to break above the crucial area of previous support that now acts as resistance.
Zooming into the H4 TF graphic, it can be inferred that some sort of a descending channel has been formed and the price is currently located at the upper barrier of it. From here, we might head down and reach the recent Lows as plotted on the graphic.
Executions should be made upon more confirmations and further price development.
SPY ICT Trading Recap 1/24/23I might honestly stop posting these and start making my own journal and record them in there, I'm not sure. I love this but I don't want to bombard TradingView with all these videos everyday. So, starting tomorrow I will probably be done, not confirmed though. It was nice while it lasted though!
Ready to bounce after recent retraceAUDUSD has retraced back to significant weekly highs created over the last few weeks and is showing the first signs it is ready to continue pushing upward. This is easily seen in the chart that is currently showing 4 Hour candles cleanly displayed inside Weekly candles.
bitcoin. $25,000 or $12,000, which is earlier BTCUSDTHi all. Let's start the analysis with higher TFs. This will allow us to form a medium-term view of the BTC price movement
1M TF
After the price filled more than 50% of the imbalance in the monthly TF, the price got a reaction. It is 12 days to the close of the monthly candle, but if the monthly candle closes exactly as it is now in the screenshot, then the monthly OB, which was formed in the POI, will be formed.
2W TF
On the two-week TF, an order block has formed, which pulls liquidity away from the June low. An important support zone has been formed, from which the upward rally could continue.
1W TF
On the weekly TF you can see the structure. The main structure is marked in blue and the sub-structure is marked in yellow. Plus, the marked orderblock on the weekly TF has been updated, which means it is losing its relevance. Considering that there is already a bullish orderblock on the 2W TF, it is possible to remove all of the substructure hives of the weekly chart.
In addition, all of the previous orders on the weekly TF have already been tested, which means that their validity is questionable; they can both work out and be stitched (it is better not to pay much attention to them).
Assuming that we have a range. And there was a deviation from the bottom, then it is logical to expect a deviation at the upper boundary of the rand. Especially if we consider the reaction from the monthly FWG, the formation of the orderblock on the 2W TF, and the fact that previous orderblocks have already been tested.
Bottom line, the bias is more bullish. To work out this scenario, we need a continuation of the bullish orderflow of the 1D TF.
1D TF
On the daily timeframe we observe a bullish OF. This growth was impulsive, during this rally, the price did not mitigate and after updating the old high, we should see a good correction.
Personally for me long positions will be relevant in the area of the daily imbalance and mitigating block. If the price holds above 16,260 (there may be sweeps), the continuation of the bullish rally is quite realistic.
If a long set-up is formed in this area on the daily or at least 4H TF, the scenario with the deviation at the upper border of the channel on the weekly TF is relevant.
Targets
The targets in this case would be HH 1D, the highs of the weekly TF substructure, the order block of the weekly TF (since it is a structural element of the weekly TF) and the filling of the monthly imbalance.
There is no need to use this information "foolishly." Watch the price formation and watch your money management
Bull flag on BTC?Hello.
Possible bull flag forming on Bitcoin . Target around 24k .
First resitance is around 22400-22800 (13th of september high) .
I think 25k there will be more selling/profit taking if we even get there.
You can see from the chart how 10EMA (blue one) has worked as support 3 times before when Bitcoin started its rise (marked with red arrows) .
I believe it will work as a support until the price shows that it doesn't and breaks it (and stays below) .
Possible risk reward is pretty good, almost 5 ratio .
This is not financial advice.
If you do take trades always use stop loss!
First mistake novice trades do is not use them and gets their ass burned!
Check out my analysis on 12th of january "why I think Bitcoin has bottomed"
-Jebu
I think Bitcoin's bottom is inHello.
We can see RSI has broken its ~1 year downtrending trendline from feb 2021 on 3D ( also on daily and weekly ). Tells about possible trend change .
Double top from 69k and head and shoulders targets hasn't been able to met. ( Not enough sellers? )
Price was pressured down with 25EMA (yellow line highlighted with red arrows), and has broke it now.
18 500 is a strong resistance. If Bitcoin breaks 18 500 and stay on top of it, for me this FTX panic drop was to shake people out and trick them to wait for "lower prices"
Market sentiment has been really negative for a long time and people have been waiting for 14, 12 and 10k so we probably won't even get there.
Also there has been many news again how crypto is dead etc etc
Why Multitasking is Dangerous for Traders – 6 REASONSWe have come to believe that juggling multiple tasks, will somehow reward us eventually.
But with trading, I can’t think of anything worse.
In fact, I think it’s counterproductive to multi-task when making financial decisions for your trading.
And no! Lying on the couch, or on the beach with your phone while talking to friends is ALSO a no go.
Here’s why I think multi-tasking is dangerous…
DANGER #1:
You miss crucial opportunities:
If you’re focused on watching TV, eating chips and watching TikToks at the same time, I guarantee – you will miss out on high probability trades.
You need to have full focus and pay attention to the markets, when you’re trading or it will affect the quality of your trading and setups.
Danger #2:
Delays in trading decision making
Multitasking can slow down your decision-making process and prevent you from acting in a timely manner.
Think about it… It’s one more video to watch, it’s 10 more minutes until the show ends. Let me just finish my beer first.
The market waits for NO ONE!
So act accordingly.
Danger #3:
Stress levels through the roof
You’re going to make impulsive, emotional decisions.
You have your heard earned money in an account ready to take on the local and global markets.
If you have sounds, food and other distractions in the background – it will affect your stress.
This will not only put you off trading but might also scare you out of it completely. These types of decisions can be costly in trading.
I mean, trading can be stressful enough on its own.
Add multitasking to the mix and your levels of stress and increase feelings of anxiety will sky rocket.
This can lead to burnout and negatively impact our overall performance.
Danger #4:
Drop in prod
You might feel that you can get more done by multi-tasking but it actually will decrease your productivity and efficiency.
When we try to do too many things at once, it takes us longer to complete each task and we may not do them as well as if we had focused on them individually.
Danger #5:
More mistakes
Trading needs to be laser focused!
If you multi-task you need to remember something. You are human and you are susceptible to making mistakes and errors.
You might miss a trade setup.
You might type in the wrong trading levels.
Or worse… Trading volume.
You might miss opportunities to lock in profits through adjustments.
Just take it one trade at a time and focus on the time in the markets…
Danger #6:
Ruin relationships
Ok this one is a bit of a stretch, but I think it relevant.
If you multi-task while trading, what about the rest of your life.
You most likely will multi-task while eating dinner, talking to friends, driving or even spending time with your children.
This can most definitely have a negative effect on not only your trading but your life, relationships and will lead to even more stress…
If you’re still reading this then I want you to do something for me.
I want you right now to take a DEEP breath in….
.
.
.
.
.
And out…..
Just slow down. Take it easy. Focus on one thing at a time and enjoy the process.
Be more present and you will find life will be a lot more easier in your everyday.
I am writing this because I want you to start your year on a calm, focused and powerful note.
You got this.
Trade well, live free and take it EASY!
Timon
MATI Trader
AUD NZD - Buying potential, awaiting further movesG'day traders and welcome to 2023 for a new position trade which is in the works.
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones.
This is tagged Long due to the overall monthly demand in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - no trade is taken until reactive, break or curve is confirmed. This is an active trade, now traders can use this for looking at new zones to purchase from.
Monthly timeframe
The monthly shows a strong test of the structure back in 2013 - where price has tested the September 2013 monthly candle 'close'.
Since this structure high, price has had a strong sell off with a large engulfing sell. Review below for the breakdown from the Fresh nested supply towards the demand zone.
Monthly updated
The monthly FL demand has been activated upon the fresh level.
Weekly Timeframe
Weekly Updated
November 15 and 21st were the key weeks here for the imbalance formation. This departure zone has aligned with the wick formation and will be netted out (at some point). This point has now arrived and price has created a weekly candle which had given the false flag for a final selling push on the weekly. The subsequent week had offered strong buying power with a three day confirmation of the demand FL taking a reactive control. The monthly TL had 'created a bear trap' which the final profit taking has now converted into a new buying imbalance.
Four Day in conjunction with Fibonacci extension (sells in play, awaiting buys)
The four day has shown the similar zone which aligns nicely with the weekly.
Note- here that price has provided a clear sell off which has broken through and on the daily provided a break and retest. This would be the moment for a secondary sell could be placed with a confirmation on the lower timeframe(s).
Again structure provides a retest of the previous 'resistance' zone which aligns nicely with the End of August zone.
Daily Chart
Awaiting the reactive tap and then a further confirmation using the 8 hour or daily if preferred.
Price may not reach the desired Daily, three day cross imbalance zone.
Upon a confirm - if price fails to provide engulfing moves - then expect a final push to complete the structure pattern within the arrival imbalance.
From here, price will need to test the curve and break the high curve allowing long term trades to take place.
Updated -
After waiting for the monthly TL to be crossed - price has now offered a strong rejection level.
Price has created a fresh demand level and even stronger engulfing candle which departed using the strategy eclipsing the previous candle closes - allowing a fresh pivot to be formed in line with structure left and the TL break and retest.
Do you enjoy the setups?
Professional analyst with 6+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXIII
BHEL INTRADAY DEC2 29Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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BHEL
Daily Timeframe : It is in uptrend.
15 min : It is in the Range.
*Wait for the opportunity and we could see the movement.
THANK YOU !!!!
EUR/GBP: detailed technical analysis. A big drop to follow?Conducting a multi-timeframe analysis of EUR/GBP, the following can be inferred: the price is currently rejecting a crucial area of resistance that can be identified on the Weekly timeframe. Taking into account the recent impulsive move to the upside, we can expect a deep correctional move to happen before further bullish moves kick in and continue driving the price to the upside.
Zooming into lower-timeframe graphs, we may see that even though the price has rejected the 0.882 - 0.883 key zone, it potentially needs another touch before initiating a full-scale drop to the downside.
The 0.87 area of support awaits.
Godspeed.
HDFCLIFE LONG (INTRADAY DEC 20)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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HDFCLIFE
Daily : Stock is in uptrend.
15 min : It has currently made Cup and handle pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
HDFCAMC LONG (INTRADAY DEC 20)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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HDFCAMC
Daily : Stock is in uptrend.
15 min : It IS currently in range.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
S&P500 – TRADES | KW47 | INTRADAYIn today's post I present relevant marks of the S&P500 for the next week, which could support the one or the other, in their own analysis.
= since it is a very short-term time frame, I will not comment further.
= the technical analysis approaches, are shown in individual pictures in the contribution. So that an individual interpretation of the respective - standing alone - is possible.
= the title picture shows an example, of a possible trade. This is one of many possible setups, because the current course is not able to take a clear direction.
The following methods are used and shown in the following:
- SUPPLY&DEMAND ZONES
- FIBONACCI LEVEL
- POINTS OF INTEREST
- TREND LINES
SUPPLY & DEMAND ZONES
„4 hour + 1 day – time window“
„1 hour – time window“
„1-4 hour + 1 day – time window“
FIBONACCI LEVEL
„Intraday - time window“
„Day - time window“
POINTS OF INTEREST
„4 hour - time window“
TRENDLINES
„Intraday - time window“
„Day - time window“
RAW VERSION WITHOUT DRAWINGS
„4 hour - time window“
„1 hour - time window“
> Feel free to discuss this in the comments and share our perspectives, I'd be "burning" to hear your take on this.
If this idea and explanation has added value to you, I would be very happy to receive a review of it.
Thank you and happy trading!
DXY – TRADES | MTF ANALYSE | KW48In today's post I present relevant marks of the DXY for the next week, which could support the one or the other, in their own analysis.
= the technical analysis approaches, are shown in individual images in the post. So that an individual interpretation of the respective - standing alone - is possible.
= the title picture shows an example, of a possible trade. This is one of many possible setups because the current course isn`t able to take a clear direction.
PERSONAL ASSESSMENT
If you look at the price in the higher time frames, you can quickly see that "without" another correction, we have been in free fall.
Thus, an intermediate correction in the smaller time frames is long overdue and could possibly await us next week, with a rising USD / DXY.
This just announces itself with a MACD divergence, in the small-time units. This does not mean that the price must immediately react to it, however, over the next few days after a possible small sell-off, the whole thing can run in the opposite direction.
Why this is so, I explain to you in the following.
MARKET MAKERS MOVE THE PRICE .
The DXY has been in correction for 2-months and many market participants assume a further USD value decline.
And exactly there is the existing problem,
-> "many market participants" are on the USD short side.
If you look a little bit into the TRADING of the HEDGE funds and banks, you will quickly come to the conclusion that without their participation, the market will not move.
1. from the moment the price moves permanently in one direction, it is no longer interesting for large investors.
2. their opportunities to make money are very small, which is why they have to reverse the market direction or initiate a consolidation.
This in turn is due to the following reasons:
- The position sizes of these investors are too large to be executed in a normal market environment.
- For this reason, you can e.g. only build LONG positions if enough investors sell to you = go SHORT.
- Thus, when the market falls, they can build a LONG position piece by piece, without having a "visible" influence on the market.
Then, when you decide that their position size has been successfully filled, let the price go in the opposite direction.
- During the e.g. upward movement, profits are then taken piece by piece where liquidity is highest so that the market does not break away again after these profit-takings.
So that you are prepared for both scenarios (LONG / SHORT), I have carried out the analysis combined with the different time units (monthly, weekly, daily and INTRA-Day) and in the following with chart images.
The following methods are used and shown below:
- MULTI TIME FRAME ANALYSIS
- TREND LINES + TREND CHANNELS
- SUPPLY&DEMAND ZONES
- FIBONACCI LEVEL
- MACD
MONTHLY TIME FRAME
WEEKLY WINDOW
DAY WINDOW
INNER DAY TIME WINDOW
4h + LONG
4h + SHORT
1h
4h Divergence - MACD - Intraday
> Feel free to discuss this in the comments and share our perspectives, I would be "burning" to hear your take on the whole thing.
If this idea and explanation has added value to you, I would be very happy to receive a review of it.
Thank you and happy trading!
ZEEL LONG TRADE (INTRADAY DEC 13)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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ZEEL
Daily : Stock is in uptrend.
15 min : It has taken the liquidity and now in Descending triangle pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
BRITANNIA LONG TRADE (INTRADAY DEC 13)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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BRITANNIA
Daily : Stock is in uptrend.
15 min : stock is in range.
*Wait for the range breakout and we could see an upside movement.
THANK YOU !!!!
ADANIPORTS LONG TRADE (INTRADAY DEC 12)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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ADANIPORTS
Daily : Stock is in uptrend.
15 min : It has broken Cup and Handle pattern and it is currently at support level.
*Wait for the opportunity and we could see an upside movement.
THANK YOU !!!!