BTCUSDT. Correction or range?On the daily timeframe the market is consolidating sideways. A short vector of 7-8 is observed. It is not advisable to seek sales at the bottom of the range. It is advisable to look for purchases after the price interacts with the zone of 59000-61500 and a buyer emerges (result, spread, volume).
Multitimeframeanalysis
Multi year Breakout in SAPPHIRE foodsSAPPHIRE Food has given zero returns from last 2 years
Currently stock is trading near resistance
Stock has formed Ascending Triangle pattern which is Bullish pattern !!
If stock comes down then it may take support around 1300 levels.
Stock will give huge upside of 70-80% if it sustained above 1625 levels.
Thanks You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Trading with the Risk-Off Sentiment 🐻📉 Hello Traders! Welcome back to another Top-Down Analysis of EurUsd. I've found that only trading 1 Pair/Instrument is a great way to reduce your risk exposure in the markets. There are a few reasons for this --- 1) I only have to pay attention to the news announcments for the -EUR & -USD 2) The currency pair has it's own nuances and characteristics that I may not understand If i were to trade many pairs.
3) It's session-session behavior is easier to follow since I'm only following 1 pair
With that said, Eur/Usd did decrease over the previous session as I anticipated and called out in the Analysis. This was for a few reasons.. Market sentiment has shifted to risk-off slightly due to increasing inflation and better than expected NFP jobs data (also boosts inflation). We also have interest rates in 2 days and there is uncertainty about that.. (even more of a reason to buy the safe haven dollar)
Next target for shorts is 1.08510.. In the meantime it is possible that we may pullback to 1.089 Daily resistance level that was created today for a last minute retest before more downside to come. I have a strong Bearsh bias leading up to interest rates here
0'0 intro and monthly timeframe
1:41 weekly timeframe
3:02 daily timeframe
517 4hr tiemfame
8:01 1hr timeframe
Red Previous Weekly Candle Vs Weak Usd Data🛡️⚔️Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from last week, we may observe a continuation of bearish momentum towards 4hr zone 1.0873 or the next daily support level 1.08516. We also should consider the weak data that came out for the USD on Friday.. Consumer sentiment and Manufacturing data both missed expectations and the Daily candle for Friday closed Bullish.. In this case we may observe an increase towards extreme level 1.090 flat.
0:0 Monthly Timeframe
1:14 Weekly timeframe
2:30 Daily timeframe
4:10 4Hr timeframe
6:48 1Hr timeframe
Weekly Price Review / EurUsd 2nd Week March 24'🏗️We Depreciated -46.4 Pips this week on EurUsd. This was due to profit taking from the increase in recent weeks, CPI data that wasn't favorable for the Federal Reserve's goals, and confluence with a Weekly Resistance Level 1.095. In this Analysis we begin by looking at how the Monthly and weekly timeframes pulled to the downside. We then go down to the 30 minute timeframe where we observe market structure and analyze how news releases impacted price behavior. We finish the analysis by breaking down price behavior on a session to session basis throughout the week.
0:0 Monthly timeframe and Introduction
1:19 Weekly Timeframe
2:10 daily timeframe
2:39 4hr timeframe
3:15 30m timeframe and Analysis
Leave a Rocket and/or comment below for similar videos.
Live Trades and Prime Trading Areas explainedIn the video I discuss a few live trades and the reasoning behind the entries. I also talk about the lead up price action that is important to note when managing the trades.
I then discuss the same basic concepts applied to price action on the DOW and where the prime entries were and reasons for them.
The basic concepts discussed are :
- Momentum
- Price Action
- Candle Analysis
- Multi-timeframe Analysis
** If you like the content then take a look at the profile to get more ideas and learning material **
** Any Comments and likes are greatly appreciated **
Yemi_Fx1 | Bearish Setup on GBPJPY GBPJPY is approaching an area of value in a corrective manner (Ascending channel).
If the third touch holds I'll be looking for an impulsive move downward followed by a 15min flag continuation pattern, with a verified entry signal at the Top of the flag (Risk entry type) or a Breakout and retest of the flag a
(reduced Risk Entry type).
SPG - Trade analysis & Multi-time frame confluenceThis video is more of a tutorial on why I took a short trade on SPG today. We fell out of our strong buying continuation channels with a rejection of HTF tapered channels and selling channels. Confirmation was the support from our more tapered buying algo and rejected of the bottom of our stronger buying algo (in addition to it lining up with our strong magenta selling channel)
Happy Trading :)
XAU - Understanding how to analyze Multiple Time FramesYes - This way of seeing price action works on any time frame and in any market -
Why? - Because it's using basic understanding of how the market works and utilizing these channels as a way to see the strength of buyers and sellers at any given price. In a way, it's a third eye (Price, Volume, Strength). Utilizing this alongside any indicators you'd like to add can lead you to real vision in the crazy and "unpredictable" world of trading.
I personally don't use any additional indicators aside from straight up Volume - and that's what works best for me. But if you can find confluence with any of the thousands of indicators out there, that's amazing and i'm sure you'll be able to find real success.
Hope this was helpful! And as always,
Happy Trading!
Eur/Usd March 24'... Risk on Sentiment? 🕶️Eurusd new monthly candle! The February monthly candle closed a bearish doji candle. This suggests that we may continue a bearish descent from the January monthly engulfing candle. At the same time it appears that price is respecting Weekly level 1.0763 and there is Risk-On Sentiment in the markets following optimistic Cad inflation data from 2 weeks ago. Apologies if this analysis was a bit scattered and have a nice day! 0:0 Intro and Monhtly timeframe
1:50 Weekly timeframe
3:31 Daily timeframe
3:51 back to Monthly to explain new monthly candle potential
5:10 back to daily timeframe
6:53 4Hr timeframe
8:16 1Hr timeframe
Attempted a brief analysis but ofc it ran longer than I would've liked :)
IGL will become multibagger after BreakoutIGL may give Huge Breakout !!
IGL is Making Hut pattern after an uptrend
Possibility of Breakout is huge because its a continuation pattern
We may see huge upside after breaking the resistance
If stock comes down we can see support is around 370-390 level
Breakout confirmation is above 480-500
Current price is around 450
Targets are around 900-950 level
Thanks !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
CheckDot CDT/USDPossible great buy zone for CheckDot for long term hold. This insurance projects marketcap is ONLY 1,4 Million. I think this project is vastly underated. I'm looking for 20-100x for this hold in a few years. Patience is needed.
If price breaks the 200EMA zone, I'll take my calculated risk and wait for next big opportunity around 13 cents OR buy back if price gets back on top of the 200EMA zone.
As long as we have a DEFI which is has crazy amount of hacks, insurance will play a big part I believe.
Last year 2022 investors lost 3,8 BILLION due to crypto hacking.. That's a ridiculous amount.
Remember as this is a really small marketcap crypto it is quite illiquid.
Lets also check few things from weekly and monthly charts
IFB: A 5+ year breakout candidate IFB : this would be the third breakout attempt in last 5 -6 years
Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective
stock is up by almost 50% in two months suggest the strength and outperformance
support at 1270-1240 area while with the intensity of this breakout in consideration , can test 1870-1990 and 2130 in next few months
Understanding Momentum to filter out the Best SetupsIn the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading.
Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones.
The basic concepts discussed are :
- Momentum
- Price Action
- Candle Analysis
- Multi-timeframe Analysis
** If you like the content then take a look at the profile to get more ideas and learning material **
** Any Comments and likes are greatly appreciated **
Zomato the Tomato - now looks like Half-cut Onion :)Zomato right from its IPO was always on the Lime-light for both Positive & Negative reasons till-date. Many were apprehensive of Zomato's success given the enormous amount of Debt the company carried during its IPO & Post-IPO days
Not Surprisingly, after a brief Upmove right after IPO, the Price started falling so sharply and badly that it became one of the most Trending Memes on Social Media that Zomato price is Less than a Tomato
With the recent Strategic changes brought in by the management and coverage of most of its Debt, Zomato has not shown strong signs of a Bullish Reversal and also hints of becoming a Multi-bagger stock
On the Technical Front - Zomato formed Multiple Concentric Rounding Bottom Patterns right from 120 level to 160 (CMP 161). Each Rounding Bottom Pattern slightly bigger than its predecessor resulting in incremental increase in Targets.
With so many concentric circles (Rounding Bottoms) - Zomato Chart now Looks like a Peeled Onion :) :) :)
Technicals:
At CMP (161) - Zomato is has completed one of the Earlier targets set and also on the Verge of its Last and Largest Rounding Bottom Pattern.
A Strong BO above 161 WCB will take the stock to 185, 245, 280 (Almost 2x from here)
Note: Our Recommendation and Entry was approx. 103 levels and we are already at 55% Profits and target of 280 is approx 2.7x from Recommendation :)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered
Our focus is NOT providing Buy/Sell Recommendations/calls
Primary Objective is to provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
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-Team Stocks-n-Trends
BTML - Stock is poised for a short term and swing trade , 10-40%The stock has broken it's all time high and given a retest in daily.
Also the stock is retracing from its FIBONACCI 38.2 retracement level in monthly.
Volumes look strong and RSI in Lower time frame supports an entry now.
Sector - Entertainment.
Entry 215 range.
Target - 240, 260, 290.
Swing trade target at 240 - 10-15% ROI.
DXY 103.413 - 0.11 % SHORT IDEA MTF 🐻🐻🐻HELLO TRADERS
Hope everyone is doing great 🛑
A look at DXY ahead of the day 📌
DXY 4H TF
* Looking at DXY from the 4H we see a break above BSL
* Swept BSL but traded back into the range with some bearish momentum.
* If we see momentum back into the range i would be looking for shorts.
* Looking for some short ideas on the dxy.
* Especially because of that body closure back into the range.
DXY 1H TF
* On the 1h alike, strong bearish momentum in play.
* Retracement into some of the internal LIQUIDITY .
* looking for some retracement into PD ARRAYS ( FVG + OB & balance price range)
* & should they hold looking for continuations with the bears.
DXY 15 M TF
* ASIAN LOWS taken.
* Possibly signaling a bearish NY SESSION.
* TRADE IDEA
1. london open - bullish setup for asian highs
2. short set-ups NY session.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
DXY 103.523 +0.06% LONG IDEA MTF BREAKDOWN 🐮🐮📌HELLO TRADERS
Hope everyone is doing great 🛑
A look at DXY ahead of the WEEK 📌
DXY WEEKLY TF
* Bulish sentiment still in play on the weekly TF
* Violated the bearish FVG
* Tested and rejected from this PD ARRAY
* POSIBLE BULLISH CLOSE FOR OUR WEEK
DXY D TF
* Looking at DXY from the DAILY TF we see a break BELOW (SSL) which are Monday lows.
* Swept SSL but traded back into the range with some bullish momentum.
* If we see momentum back into the range i would be looking for long.
* Looking for long on the DXY because we do not have a bearish body closure.
* & we are still in an indecisive state, in wick city as well.
DXY 4H TF
* On the 4h alike, indecisive momentum in play.
* Retracement into some of the internal LIQUIDITY .
* looking for some retracement into PD ARRAYS ( FVG + OB & balance price range)
* & should they hold looking for continuations with the bulls.
* Violation of the FVG signals bullish momentum and some confirmations
DXY 1H TF
* Monday LOWS taken.
* Possibly signaling a bullish week ahead.
* might see a SEEK & DESTROY PROFILE
1. IRL - ERL
2.Looking for LQ RUNS.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!