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Multiple Time Frame Analysis

TATASTEEL:NSE BULLISHFlagBO ATHRBC2Y-7M onDTF/WTF/MTF PositionalTATA STEEL Technical Analysis Chart Pattern : TATA STEEL has recently broken its ATH of 159 forming a 2Y-7M RBC on the DTF/WTF. Currently on a Pullback to form a Handle. The Handle Bullish Flag has also been broken on WTF. ENTRY on BO of WTF High 1st Week Oct24. INDICATORS EMA : The Price is Currently Trading above 9/20EMA, and 20EM crossed above 50EMA recently in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : After the Bounc-back from 50% FIBO Retracement Level since a week, Price is currently trading near the 23.6% FIBO Retracement level of 168 on DTF with Impulse uptrend and ChoCH indicated at 155 on DTF Volumes: There is a uptrend in Volume on the Weekly Charts for2 Weeks after the 12 weeks Pullback. TRADE PLAN ENTRY -157 or Previous WTF High BO High Price SL -141 or Monthly Low Close Price TARGET 01-184 (17%), TGT02-222 (41%) Hold For a Year or TGT 2 Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL. 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 recommended, Add in Tranches of 25%-50% as prices moves upwards MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time 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 BOS -Break Out Structure SWING/POSITIONAL Trade
NSE:TATASTEELLong
by billpramod
What A Way To End The Year As Well As The TrendOANDA:GBPUSD This has to be the best idea am dropping hear on trading view so far, because of it's risk to reward ratio, which is over 1:10, highly rewarding. And it just looks unassuming 🤦‍♂️😎 Lets analyze, looking at the 1D timeframe, a more responsible timeframe to look out to in a Daily or intra day trade of a bearish currency pair (GBPUSD), the last two long red candlesticks evolves from the last created resistance zone, leaving those fair value gaps behind, and as well as unmitigated. When the fair value gap is filled to the immediate supply or resistance zone by the buyers, as we can currently see them riding on the pullback, we expect to market to drastically continue the trend, thereby making us a new lower low. In other words, a lower timeframe is required to see clearly the structures produced by the sellers, ofwhich placing your entry on the last created and unmitigated structure, and your stop loss slightly above it's lower high minimizes your risk and maximizes the return. An instance on the 30Min timeframe of GBPUSD, same timeframe where the liquidity is clearly visible as well, when the pullback breaks through the trend line(liquidity) into the demand zone, the downtrend just irresistibly continues until it makes a new lower low. Remember if you can't see the liquidity, then you're the liquidity. Peace 🕊️💯
Short
by Samchi01
1
XAUUSD - The rise of gold is over!?Gold is above EMA200 and EMA50 in the 4H timeframe. In case of a corrective movement with low momentum, we can witness the continued rise and see supply zones and sell within that range with a suitable risk reward. After enduring two weeks of sharp declines following Donald Trump's election victory, the gold market bounced back with a strong bounce last week. The price of this precious metal grew in all trading sessions of the week and by Friday afternoon, with an increase of nearly 150 dollars, it once again attracted the attention of investors. Commerzbank commodity analyst Carsten Fritsch notes that the Swiss Federal Customs Service released data on gold exports in October this week. "These data showed very different trends. Deliveries to China were significantly weaker at just 5 tonnes. Almost no gold was exported to Hong Kong. On the other hand, exports to India have increased. However, the export level in October was still relatively low at 11.7 tons. A little more gold than the previous month has been delivered to America. However, inflows of 30 tonnes into US-listed gold ETFs, reported by the World Gold Council (WGC), in October were higher than the 9.4 tonnes reported. The sharp increase in Swiss gold exports to the UK to 31.9 tonnes is surprising, although gold ETFs listed there recorded outflows in October, according to the World Gold Council. Darin Newsom, chief market analyst at Barchart.com, stated in his analysis of the future trend of gold: "The path of movement of gold is still upward. But due to the speed and intensity of the recent upward trend, there is a possibility of a sudden correction in the market. This risk increases due to the Thanksgiving holiday in the United States and the end of the month." He also emphasized: "Despite this, geopolitical factors continue to play a decisive role in the market. The current chaos has overwhelmed technical analysis and Russian President Putin has not backed down from his nuclear threats. These conditions will most likely lead investors to buy gold until the end of 2024." Next week, the US economic calendar will be shorter than usual due to the Thanksgiving holiday, but several key reports will continue to be in the focus of traders. On Tuesday, the Conference Board's consumer confidence index for November and new home sales for October will be released in early market hours. Next, the minutes of the last meeting of the Federal Reserve Open Market Committee (FOMC) are published. On Wednesday, key data releases will be limited to the early hours of the day due to the Thanksgiving holiday. The market will watch the release of the Personal Consumption Expenditure (PCE) core inflation index for October, which is one of the key indicators considered by the Federal Reserve to assess inflation. At the same time, the statistics of durable goods orders and the weekly report of unemployment claimants will also be published. Then, pending home sales figures for October will be released, which will provide a clear picture of housing market trends.
FOREXCOM:XAUUSDShort
by Ali_PSND
XAU/USD 25 November 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price Action Analysis: As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed. Currently, price is trading within an established internal range. Intraday Expectation: Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price Action Analysis: Intraday expectation analysis dated 22 November 2024 played out as price successfully printed a bullish iBOS in-line with bullish internal structure, however, price has now printed a bearish iBOS in-line with H4 TF undergoing a bearish pullback phase. Price has yet to print a bullish Change of Character (CHoCH), which is crucial to establishing an internal range and indicating the initiation of bullish pullback phase. CHoCH positioning is marked with a blue dotted line. Intraday Expectation: Technically, price is expected to print a bullish CHoCH, indicating the initiation of a bullish pullback phase, trade up to either premium of internal 50% EQ or M15 supply zone before targeting weak internal high. Alternative Scenario: H4 Timeframe has indicated bearish pullback phase initiation by printing a bearish CHoCH, therefore, bearish momentum on M15 may be limited. Note: With the Federal Reserve's dovish policy stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders are advised to exercise caution and remain vigilant for potential whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Bitcoin - Will Bitcoin stabilize above $100,000?!Bitcoin is above the EMA50 and EMA200 in the 4H time frame and is trading in its ascending channel. Risk On sentiment in the US stock market or investing in Bitcoin ETF funds will lead to its continued upward movement. We will look for bitcoin selling positions in the range of the channel ceiling (weekly). Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way for Bitcoin to decline. The break of the charted channel will pave the way down for Bitcoin. Bitcoin buying positions can be looked for in the two specified demand zones. It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important. Michael Saylor, founder of MicroStrategy and a prominent Bitcoin advocate, is set to present a Bitcoin investment strategy to Microsoft’s board of directors next month. On November 19, Saylor announced that he would have three minutes to outline the investment plan to the board. This development follows Saylor’s headline-making proposal last month, where he offered to help Microsoft generate $1 trillion in revenue through a Bitcoin-based treasury strategy. In an October post on X, Saylor urged Satya Nadella to reach out if he wanted to secure the next trillion dollars for Microsoft’s shareholders. The proposal came after reports that Microsoft shareholders would vote on a proposal to consider Bitcoin as a reserve asset. However, the board of directors blocked the proposal. Nevertheless, market observers noted that major shareholders like Vanguard, BlackRock, State Street, and Fidelity will play a critical role in the company’s final decision. With $78 billion in cash reserves, Microsoft has made significant investments in companies such as Skype and OpenAI but has yet to allocate any funds to Bitcoin or related assets. Saylor argues that this approach is short-sighted and urges tech giants like Microsoft, Apple, and Google to consider Bitcoin as a superior alternative to cash reserves. According to Saylor, if Apple had invested $100 billion in Bitcoin, it could have grown to $500 billion, and the company would now have a $500 billion business growing at 20% annually. Last week, altcoin trading volumes surpassed $300 billion for the first time since 2021. Meanwhile, lawmakers in Pennsylvania have introduced a bill in the state’s House of Representatives that would allow the state treasury to allocate up to 10% of its funds to Bitcoin. If passed, the law would enable the Pennsylvania Treasurer to invest part of the state’s $9.7 billion general fund and its nearly $7 billion “rainy day” fund in Bitcoin. Bitcoin itself has surged past $99,000, marking its largest monthly candle in several years. So far, the cryptocurrency has recorded a 40.67% monthly gain. Donald Trump, the president-elect, has nominated Scott Bessent, a prominent hedge fund manager and cryptocurrency advocate, as the next Treasury Secretary. Bessent, founder of Key Square Group, is expected to play a pivotal role in shaping Trump’s economic policies and has supported the president-elect’s plan to establish a strategic Bitcoin reserve. Bessent’s nomination will require Senate confirmation. If approved, he will oversee the administration’s economic agenda, including tax reforms and cryptocurrency-related policies. His extensive experience in finance and investment is expected to influence the Treasury Department’s approach to emerging financial technologies. Google searches for Bitcoin have reached their highest level in a year. Meanwhile, Republican Senator Cynthia Lummis of Wyoming told CNBC, “The proposal I’ve put forward, and one that President Trump has discussed, involves creating a strategic Bitcoin reserve.” She added, “This digital asset acts like a gold standard, and a strategic Bitcoin reserve is a way to integrate it into our system.” She explained that the Federal Reserve’s 12 banks currently hold reserves that include gold certificates, which can be revalued at fair market value. Senator Lummis proposed converting these gold reserves to Bitcoin, thereby eliminating the need to print new dollars to establish this reserve.
COINBASE:BTCUSDShort
by Ali_PSND
NAS100 - Nasdaq will stabilize above 21 anytime?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index rises towards the specified supply zone, you can look for Nasdaq sell positions to target the bottom of the ascending channel. Nasdaq buying positions will be at the bottom of the channel and the demand zone after the continuation of the corrective movement The housing sector was in the spotlight last week. The market has regained attention following an unexpected surge in mortgage rates, which have risen by nearly 75 basis points since the Federal Reserve’s first rate cut during its September meeting. According to Freddie Mac, the average rate for 30-year mortgages climbed to 6.8% in the week ending November 21, offsetting much of the reductions seen in August and September. Existing home sales increased by 3.4% in October, breaking a two-month decline. However, it’s important to note that October’s data largely reflects homebuying activity from late September, a period when mortgage rates were trending downward. Despite this rise, the annualized sales rate of 3.96 million units in October remains sluggish. By comparison, the 2021 average was about 6.1 million units, with current declines largely attributed to higher yields on mortgage-backed securities (MBS). Consumers remain relatively resilient, continuing to spend at a strong pace. October’s retail sales data exceeded expectations with a 0.4% increase, supported by upward revisions to previous figures. This trend indicates that households are entering the holiday season under favorable economic conditions. In the upcoming week, durable goods orders data is anticipated. This segment, particularly aircraft orders, has experienced significant volatility in recent months. Challenges in the aviation industry are among the main reasons for this instability. While strikes may have impacted production last month, Boeing data reveals that only 63 new aircraft orders were placed in October, roughly matching the prior month’s figure. As a result, conditions in October are expected to have stabilized somewhat. Overall, demand appears to be leveling out, yet uncertainties regarding corporate investment spending persist. Although borrowing costs and interest rates have been decreasing, the extent and intensity of these declines remain uncertain. Federal Reserve officials have recently acknowledged that, due to strong economic data and sticky inflation, rate cuts in the coming months are likely to proceed gradually and at a slower pace. Additionally, even though U.S. elections have concluded, it is still unclear which policies, particularly tariffs, will be implemented. This week, several regional indicators—such as the Dallas Fed Manufacturing Index, the Richmond Fed Manufacturing Index, and the Chicago Fed National Activity Index—will be released. Monitoring these data points could provide a clearer picture of the U.S. economy’s health and serve as leading indicators for assessing upcoming economic releases. Fed Chair Jerome Powell recently indicated that both headline and core Personal Consumption Expenditures (PCE) indexes are expected to rise from 2.1% to 2.3% and from 2.7% to 2.8%, respectively, in October. If these projections materialize, the Fed may still proceed with a rate cut in December. Should the PCE report fail to offer clear guidance on the Fed’s next move, investors will turn their attention to the minutes from the November monetary policy meeting, which will be released on the same day. Additionally, other critical data, such as personal income and spending, durable goods orders, and the second estimate of Q3 GDP growth, will be published on Wednesday. According to CME data, market participants estimate a 56% probability of a 25-basis-point rate cut in the upcoming Fed meeting on December 18, while a 44% chance of holding rates steady is also considered. These probabilities could shift with the release of more data ahead of the meeting. Furthermore, the minutes from the November FOMC meeting are also expected this week.
CAPITALCOM:US100Long
by Ali_PSND
Weekly Crypto Facts: What to expect next?Hello traders and investors! Last week saw several interesting developments in crypto assets that may influence the situation in the coming days. BTC : The breakout impulse from the range on the weekly timeframe continues. This marks the fourth weekly consecutive bullish candle, with declining volume (!) compared to the previous three. This could indicate a lack of interest from both buyers and sellers at these price levels. We might see a consolidation period. A similar situation occurred recently on the daily timeframe, where consolidation lasted for six days before a new buying impulse formed (see the post from November 15). Note that the key candle for the breakout is now from November 11. DOT : The price formed a buyer's impulse on the weekly timeframe, surpassing 6.611 (the starting level of the last seller's impulse on the weekly chart). The volume and spread of the weekly candle are impressive. It’s possible that the price may rise further without a correction. If there is a pullback to 7.775–8 and the buyer resumes, it could present a buying opportunity. OP : The price broke out above the range’s upper boundary on the weekly timeframe (1.989). The weekly candle’s volume and spread are impressive. On the daily chart, the price has been consolidating above 1.989 for three days. We are watching for the price’s reaction to 1.989—whether the buyer will defend the breakout from the range. The key candle of the last buying impulse on the daily chart from November 21 crosses 1.989. If the seller pushes the price back into the range and defends this return (at 1.989), it could be an opportunity to look for short positions. SOL : The price updated its all-time high at 259.9. The weekly candle’s volume is declining, which may indicate a lack of interest from both buyers and sellers at these levels. A consolidation period could be ahead. We will assess the seller's reaction by the end of this week. TON : Factors have emerged favoring the realization of the buyer’s vector within the range on the weekly timeframe, with a target of 7.260. Good luck with your trading and investments!
by AlexeyWolf
Crypto Week 47 AnalysisIt seems like that all Major 3 Crypto Coins are in Premium. All of them are above True Week Open, True Month Open and True Year Open except for BINANCE:ETHUSDT.P Which is below True Year Open. We are using a gap from previous Year Q4 that merge with a weekly gap. and we have a PSP in a weekly graph right about it. Near True Year Open BINANCE:ETHUSDT.P there is a Gap from previous Monday in 3h graph. I think I would like to see BINANCE:ETHUSDT.P getting into the 3h gap and targeting the True Year Open. Current target in BINANCE:ETHUSDT.P is True year Open After touching it I'll be bearish since the price is in a major Premium.
Long
by eranelbaz
XAU/USD 25-29 November 2024 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is projected to move downward toward either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Price Action Analysis: After printing bearish CHoCH to indicate bearish pullback phase initiation, price traded down to discount of 50% internal EQ. Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand. Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price Action Analysis: In my analysis dated 22 November 2024, the internal structure was bearish, with an expectation for price to target the weak internal low. However, this scenario did not materialise as price printed a bullish iBOS by the close of 22 November 2024. This could be attributed to escalating geopolitical tensions across multiple fronts. The CHoCH positioning, marked by a blue dotted line, us currently close but may be repositioned, as there are currently no definitive signs of pullback initiation. Note: With the Federal Reserve maintaining a dovish policy stance, ongoing and increasing geopolitical uncertainties, Gold prices are likely to experience continued elevated volatility. Traders should exercise caution and refine their risk management strategies to navigate this high-volatility environment effectively. H4 Chart:
OANDA:XAUUSD
by Khan_YIK
Futures Week 47 Monday AnalysisAs I see it the close target of both ES and NQ is the True Month Open. On both of the True Month Open there is a gap from previous Monday in 6h chart. The bullish movement that we had this week is supported by SMT between CME_MINI:ES1! , CME_MINI:NQ1! and CBOT_MINI:YM1! and 6h gap from previous Tuesday (Q2). I don't see any relevant higher time frame gaps that the price can encounter until the True Month Open so my current target is that. In my opinion CME_MINI:ES1! will get to the True Month Open first and will liquidate it, at the same time CME_MINI:NQ1! will get to a 90 minutes gap at AM session (Q3) and won't liquidate the True Month Open and we'll get a bearish SMT
CME_MINI:NQ1!Long
by eranelbaz