Multitimeframeanalysis
JICPT| Bullish setup of Microsoft on areas(274-280)Hello everyone. Microsoft has been down by almost 20% from the historic high of 349ish created on late Nov. of last year.
I got two reasons for the bullish setup:
1. Mid-term MA has been respected well since June of 2016.
2. Structure on weekly is aligned with daily. Though, the second layer around 227-2336 is more solid with another 16%-20% down from the current level.
Trigger:
1. The earning report is due soon. We'd better wait. If the result is better than estimation. That's my confirmation one.
2. I need to see price action to the zone. To be more specific, I need small candles and reversal pattern formation. That's my confirmation two.
Frankly speaking, I'm not afraid of holding stocks like Microsoft. The pullback really gives us an opportunity.
What do you think? Give me a like if you're with me.
EURUSD - Up-Movement at different Layers - MTFA*** Trade at your own risk! ***
*** Not every idea is also traded by us ***
Hi Traders!
In the following you'll see a Multiple Timeframe Analysis.
It includes a screenshot and afterwards some bullet points.
Monthly TF:
- Strong monthly Trendline got broken
- Now price is retesting it
- If the Retest is successful, an Up-Movement is very likely
- We can see signs that the Retest is successful, because there are Wicks which shows Rejection
--> Up-Movement expected
Weekly TF:
- Additionally to the Monthly TF, the mostly respected 61,8% Fibonacci Level increases the strength
of this Support
Daily TF:
- Break of daily descending Trendline
- Now price retests the descending TL
- Price gets support at the ascending TL
- Downtrends with its LHs and LLs ends --> Now we have HHs and HLs
--> Trend Change
H4-TF:
- A successful Retest could be performed via the Inverted Head and Shoulders Pattern
- If the market breaks the upper Resistance Area, an Up-Movement is very likely
H1 TF:
- MACD Oscillator showing bullish Divergence
If you have any questions, another POV or anything else to share, feel free to do so!
Thanks and successful Trading :-)!
BTC !Hello Everyone...
Important price levels are shown in the chart
The level of 29 to 30 thousand dollars is very important and valid, and I think there will be strong support there, but if we lose that level, the situation will be a little difficult for Bitcoin and the market, and the twin ceiling pattern will appear.
In a situation where the market and traders are scared, I do not offer leverage to anyone
I suggest buying a ladder in Spot Market
And I advise you to stay away from futures market...
Observe the behavior of whales
Anchin data is very important and influential in this situation
And...
Do not put all your eggs in one basket :)
Have a nice time
USDCHF - Bearish Break expected - MTFA*** Trade at your own risk! ***
*** Not every idea is also traded by us ***
Monthly TF:
- Market in a Monthly Range
- Market @ lower Level of the Range
Weekly TF:
- Market have a strong descending Trendline which
- Symmetrical Triangle Pattern
- Market broke the ascending TL
Daily TF:
- Break of Support is expected, because we have the Break of ascending Trendline on the one hand
and the pressure of the descending Trendline on the other hand
H4 TF:
- To continue its Downtrend, it needs to make a Lower Low.
It is difficult to make a lower Low just like that, because the Support needs to get broken.
Here are three potential Possibilities:
P1: Market makes a Low, then it makes a Pullback and breaks the Support.
P2: Market makes a consolidation at the Support and breaks it.
P3: Market gets Volatility in the London Session on Monday and breaks the Support directly.
If you have any questions, another Point of View or anything else to share, don't hesitate to comment!
Thanks and successful Trading :-)!
EURGBP - Pullback expected - MTFA*** Trade at your own risk! ***
*** Not every idea is also traded by us ***
Hi Traders!
In the following you'll see a Multiple Timeframe Analysis.
It includes a screenshot and afterwards some bullet points.
Monthly TF:
- Consolidation/Range
- Price @ Support of this Range
- This time, price fell without any deep Pullback --> Bearish Strength
- Break of monthly Support --> Is it a Breakout or a Fakeout? --> Wait for (un)successful Retest to confirm that
Weekly TF:
- Reaction @ turquoise Area expected
- After analyzing the lower TFs, we found out that a pullback before entering the area is also possible
--> Don't expect a guaranteed entry of this Area
Daily TF:
- Pullback towards the Fib' Levels
- Price is making LLs and LHs, so it'll probably continue that pattern in the future
H4 TF:
- Bullish Divergence on the MACD Oscillator
If you have any questions, another POV or anything else to share, feel free to do so!
Thanks and successful Trading :-)!
ABBOTINDIA - LONG ENTRYThe Stock takes support on weekly basis, where it faced resistance previously.
On monthly chart it created a hammer candle on the support zone.
Good Swing Entry for a couple of months, hoping to see new all time high
Trade Details:
Buy Below : 19600
Stop Loss : 17300
Holding Period: more than 2-3 months
GBPUSD - Pullback before Trend Change*** Trade at your own risk! ***
*** Not every idea is also traded by us ***
Hi Traders!
In the following you'll see a Multiple Timeframe Analysis.
It includes a screenshot and and a few bullet points.
Monthly TF:
- Monthly Consolidation
- Market bounces between those three Levels: 1.23, 1.32 and 1.42
Weekly TF:
- Lastly, after the price reached the top monthly Level, it bounced back from the middle monthly Level.
- Now it is at the weekly Resistance
- Broke out of the descending TL --> bullish power
Daily TF:
- On daily TF, we have a Downtrend with LHs and LLs
- Recently, the price made LH and starts fall
- The discount entry for bulls and the TP of bears is probably at the orange Area of Support
This Down-movement is very likely to happen in our view.
- After that, we have two possibilities:
1) The market moves up again and breaks its LH. It makes a HH and the Downtrend would be broken.
2) The market falls down lower and makes a new LL. The Downtrend would be continued then.
- But those possibilities come afterwards
H4-TF:
- As mentioned on the daily section, a down-movement is likely in our view
- The ascending H4-Trendline is one barrier, which could make it a bit difficult to move lower
H1-TF:
- On the hourly TF we see, that the Up-Trend has changed:
- We had HHs and HLs, but now we can recognize a LH and a LL
- Equally, the Break of Support could mean SLs for buyers and that's why they'll stop buying more potentially
- Also the MACD indicator shows us strong bearish Momentum
If you have any questions, another Point Of View or anything else, don't hesitate to share them!
Thanks and successful Trading!
XAUUSDGLOBALPRIME:XAUUSD
FOR SHORT
** Already in the DAILY RESISTANCE
** in the making of a DOUBLE TOP in 4H (waiting for confirmation)
** DARK CLOUD COVER FORMATION (waiting for confirmation)
*** MAKING a Bearish Flag in 15min
Swing Trade for COALINDIALong Entry for COALINDIA: at a support zone in the trend line, being followed from October 2020. In weekly chart, we also see a long lower tail candlestick at the trend line support zone on the week 20 Dec 2020.
Buy between - 146-150
Stop loss - 138
Holding Period - 2-3 weeks or longer
Note : If you risk to trade this idea, you alone will be enjoying it's profit as well as the loss, if something goes wrong.
Happy Investing :)