Multitimeframeanalysis
NAM_INDIA SHORT (INTRADAY NOV 15)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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NAM_INDIA has given "Break Of Structure" on daily and in 15 min it is at "Daily Resistance Area" and it is making "Descending triangle". On Breakout we could see downside continuation movement. Thank You !
CANFINHOME LONG (INTRADAY NOV 15)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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CANFINHOME is in uptrend on daily also it has made "Bullish Inside Candle" and in 15 min it has made "Ascending triangle". On Breakout we could see upside momentum. Thank You !
more demand inflation?The scenario where the bullish key level broke, happened and we also had an entry in the zone which i did marked before, for people that are not interested in striking insane RRR its still possible to entry now with SL under 82.02 and first target at 93.72, i would personally use as a BE level the 89.72.
we find completion at 129.38 if the world still exist and we are not using horses to hang around.
NZDCHF SHORT MULTI-TF ANALYSISHello 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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NZDCHF
Multi-timeframe analysis
Daily view (structural timeframe) : Took resistance from "Daily Resistance zone".
4 hour (behavioural timeframe) : It has given "Breakdown Of Trendline" with huge bearish impulse.
1 hour (entry timeframe) : Now it is forming "Ascending Triangle".
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Now we could see downside continuation movement on 1 hour breakdown. Wait patiently.
Thank You !!!!1
USDJPY SHORTS: JAPANESE YEN STRENGTH IN THE MARKET?"Inflation this, interest rates that, The Fed this, Recession that, etc, etc"
Yes, it is important to have an idea what's going on from the macro economics side of things, but one thing about the charts is that the candles speak for themselves, and oftentimes everything you introduce from outside to the charts, specifically between YOU and the charts, becomes noise.
We're looking for more bearish pressure on the USDJPY based on multi-timeframe technical analysis.
A whole month later we finally have the price action for the move(s) down we've been waiting for.
The 147.000 target has been hit and we're looking for more downside pressure.
Keep it simple. Keep it clean.
Stay strapped and control risk 🙏🏼📈
CANFINHOME LONG (INTRADAY NOV 11)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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CANFINHOME is in uptrend on daily and in 15 min it has made descending triangle pattern. Wait patiently and on breakout we could see upside movement.
Thank you !
ADANIENT LONG (INTRADAY NOV 11)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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ADANIENT is super Bullish and it has made bullish mother baby candle on daily timeframe and in 15 min it has made bullish pennant pattern. Now wait for breakout then we could see some upside movement.
Thanks a Million !
XAUUSD (GOLD/USD) MULTI-TF ANALYSISHello 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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XAUUSD (GOLD SPOT VS USD)
Multi-timeframe analysis
Daily view (Structural timeframe) : Currently gave break of structure after triple bottom and also broke descending channel.
4 hour (Behavioural timeframe) : It has given breakout of bullish flag with huge bullish impulse.
1 hour (Entry timeframe) : Now it is forming Descending triangle.
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Now we could see upside continuation movement on breakout IN 1 HOUR TF.
GBPNZD SHORT TRADE MULTI_TF ANALYSISHello 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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GBPNZD
Multi-timeframe analysis
Daily view (structural timeframe) : Currently in downtrend making lower low.
4 hour (behavioural timeframe) : it has given breakout of trendline.
1 hour (entry timeframe) : it has given breakdown of trendline with Bearish Engulfing Candle at resistance.
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Now we could see downside continuation movement.
GBPAUD SHORT TRADE MULTI-TF ANALYSISHello 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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GBPAUD
Multi-timeframe analysis
Daily view (structural timeframe) : it has failed to make higher high and made lower low.
4 hour (behavioural timeframe) : it has given breakdown of trendline.
1 hour (entry timeframe) : it has formed triple top and gave breakdown.
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Now in 1 hour timeframe wait patiently for bearish correction and breakout then we could see downside continuation.
EURUSD LONG TRADE Multi-TF analysisHello 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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EURUSD
Multi-timeframe analysis
Daily view (structural timeframe) : it has given breakout of descending channel.
4 hour (behavioural timeframe) : it has given breakout of descending channel with strong bullish impulse.
1 hour (entry timeframe) : it is forming descending triangle.
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Wait patiently for breakout and we could see upside continuation movement.
USD/CHF: multi-timeframe perspective. What's the plan?The Weekly timeframe chart of USD/CHF clearly shows how the price has been unable to break above the important area of resistance portrayed on the graph. The lower-timeframe graphs at the same time, illustrate how nicely the price has been pushing to the downside.
The 1.002 - 1.004 structure has been penetrated but not re-tested. We don't see how the price can continue dropping without pulling back to this region and correcting the recent impulse. And hence, that is the region we are monitoring for SELL positions. Once the price re-touches the key area of resistance that lines up with the golden Fibonacci level (0.5-0.618), we will be aiming towards entering short positions and going for the 0.98100 area of support as our initial target.
Multiple Timeframe AnalysisWhen traders ask "what was your light-bulb moment in trading", I often say 2 things:
1) stop worrying about what other traders are doing and focus on yourself making sure you are consistent with the trading strategy as that's how you will get consistent results.
2) understanding multiple timeframe analysis.
Once I started focusing on myself and was consistent with my trading, I was able to review my journaled trading results and noticed by best trade setups happened when price has multiple timeframe correlations with both my enter timeframe and higher timeframe.
The main purpose of the higher timeframe is to help me determine if I should be looking for buys, sells, or staying out of the market. The 2nd purpose of the higher timeframe is to determine the trend.
Multiple timeframe analysis can be used on all trading strategies whether you trade supply and demand, support and resistance, chart patterns, or use trading indicators.
All we are trying to do is determine whether we should be looking for buys, or sells as this will help us increase the probability of our trade.
See Chart For Analysis. I also have a full break-down on my youtube: Moneyball Austin
GBP JPY - Imbalance pathway to fillG'day,
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 - shorts are held.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation using daily timeframes for longs towards the target (refer to monthly).
Weekly
As per previous analysis, GBP JPY pivoted to the weekly and monthly combo demand zone tapping 148.718* - refer to link here: or below.
The reactive week fell and aligned perfectly to the December 2021 zone where price had closed out all long positions in a drastic sell off. The reason for the weekly zone sell off to this zone is best shown in the monthly zone. Review the monthly below for further clarity.
Price since the sell off move towards the FL/OL Weekly and Monthly Demand combination - testing the imbalance (proximal line for short profits) has now been reversed and classed as a distal line (for stop losses). The proximal line was broken to the daily timeframe and four hour respectively for loading up on buy positions.
Monthly TF for upon closer inspection.
Monthly Timeframe
Looking left - shows the importance of price action built up from 2012 - August 2015 respectively - this has indicated market top. Using a long term view reviewing market structure, the price action pivot points are clearly displayed below and will be marked (review Figure 2)
Since the break of structure or (BOS) from July 2020s engulfing departure - GBP began the next cycle of moving towards a short term FL supply flip zone, of which later this zone becomes a CP for a Rally Base Rally (RBR).
Since March 2022 - a new PCP has formed - where the consolidative pattern from February to June 2016 - this has indicated a strong pivot within the curve - acting as a Fresh supply. Where price has formed a bullish candle above 163.8X.
(Acting confirms are below and outlined from a daily wick which fell to 148.X).
Figure 2 - 2012 - 2015 Pivot point monthly markup.
Notes
Ellipse 2015 - the marked zone here is where price action has consolidated due to a weekly pivot point hidden with the monthly structure. With this singular candle (inside bar) in this case price will look to the this level for a Potential continuation pattern (PCP) subject to confirms. As a first point of call - the PCP acts as a fresh supply zone. It will pivot to a zone of interest within itself - however this consolidation formation has not occurred out of nowhere.
The reason for this - is to look left back into 2003 - structure here had created a similar price action range which pushed sideways for around 10 months. Having this pivot without any large pivot points to fall back on solidifies the strategy in play of a Monthly time frame referring to - Rally Base Rally scenario.
From here the sell off was imminent from a FL level as the supply is now in control firmly.
Using the FL monthly TF, price needed to break the high curve and generate a break and re-test, this provides a clear monthly confirmation.
The reason why this risk-calculated move is provided is due to a preventative measure for price to penetrate the Supply further.
Reverting to the weekly candlesticks will provide a clearer view of the supply.
Two points of interest show the break of curve upon the weekly for a top of the curve sell.
The second (lower purple curve) shows the overall confirmed second risk adjusted entry or upon the failed break and retest of the supply.
Daily sell breakdown - July 30, 2022 Analysis
Price has created a fresh Daily supply within the weekly - all though unable to view this formation admittedly, the small Daily anchored move has been added.
A fresh daily supply has been created within the orange box while previously considered a range top - this is a situation where price return with a probability of the lower high wick formed. However to note, where price continues to break the TL - bearish CP (continuation pattern) will form. From here opportunities will highly probable to take price down towards the destination.
The current market state - Daily timeframe
Price is showing strong confirmation levels as outlined below - the Demand highlighted between 159-162. The has already created a 'retest' within a weekly candle, so the building up of this zone is already strong and in play.
With reference to the Gap down October 21st - price had tested this level and produced (broker dependent) an equal low or slightly lower low.
Now the formation of this candle the following trading day rejecting the gap- it offered buyers to be present and close out potential short sellers.
Omitted
Trading opportunities for ranges, longs
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Professional analyst with 5+ years experience in the capital markets
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