Weekly Chart Signal Trade idea- Multi-time frame AUDUSD Jan 04th 2024
1. The weekly swing is bearish on the weekly time frame. (See green 1 for strong market structure)
A. I expect price to move through my risk management strategy to move from 1 to the 2 on the weekly timeframe
2. Price is currently in the equilibrium between the weekly high strong (see green 3 & 4 for reference)
Price is more likely to move from strong market structure to weaker structure. This is how I based my phases of the market.
3. Price is currently in C.4 supply zone and is trending bullish for the Change of Trend (CHoCH)
4. Trade Ideas (Investor trade plan)
A. I could short trade with a risk entry at the short trade at Black 5
B. I Could also go to a lower time frame and wait for a confirmation entry for a higher probability trade
Framework
Modular Trading Bot Framework (Example)This is another example of my NLX Trading Framework, in combination with two modules: A Trend Filter and QQE Signals.
The high success rate is possible because of partial take profits during the swing trades.
Combined with my scalper module it's possible to achieve really impressive returns, see: imgur.com
Check my signature below for more details about the framework.
GoldViewFX - BACK TO BENCHMARK - BASIC ANALYSIS STRATEGYWe promised to share this with some of our newbies and thought it would be good to share it with you all.
This is a prime example of how any Fundamental event related spikes up or down, come back to where the spike started; we refer to this, as Benchmark at GoldView. The framework resets when a strong Range breaker shifts two ranges and in that case it will retrace half the Benchmark.
Looking at current chart, we have done half way, so either it pushes up from here or the lowest we can see it go to for now is 1814.
Hope this helps,
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GoldViewFX
XAUUSD TOP AUTHOR
XZC/USDT - Long - Potential 62%+Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: XZC/USDT
T/F: 1 HOUR
LENGTH: Long
RISK - Low
ENTRY: 5.675
TP1: 5.902
TP2: 9.2
BONUS TP: Keep trade open and follow with stop loss
SL: 5.061
NOTES:
- Uptrend
- Sat/In on Support Zone
- Support Rejection Candles
- Breakout
- Resistance>Support Flip
- News: Zcoin (XZC) Network Upgrade Supported on Binance
- Currently oversold so may dip for better entry
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
ZEC/USDT - Long - Potential 20%+Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: ZEC/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Low
ENTRY: 62.59
TP1: 64.39
TP2: 68.89
TP3: 72.79
TP4: 75.11
BONUS TP: 125.43 (100%
SL: 56.66
NOTES:
- Uptrend
- Sat/In on Support Zone
- Support Rejection Candles
- Breakout to Pullback
- Resistance>Support Flip
- News based rumours (Halving & Heartwood Network Upgrade)
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
STRAT/USDT - Long - Potential 15%+Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: XRP/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 6163
TP1: 6460
TP2: 6892
TP3: 7122
BONUS TP: LEAVE OPEN AND FOLLOW WITH STOP LOSS
SL: 5846
NOTES:
- New highs - uncapped potential
- Uptrend
- Sat on Support Zone
- Support Rejection Candles
- Resistance>Support Flip
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
XRP/USDT - Long - Potential 18%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: XRP/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 19941
TP1: 20487
TP2: 21216
TP3: 22189
TP4: 23546
SL: 19229
NOTES:
- Be cautious with recent BTC uncertainty - follow with stop losses
- Uptrend
- Sat on Support Zone
- Support Rejection Candles
- Oversold on RSI Deviance
- Resistance>Support Flip
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
BAT/USDT - Long - Potential 17%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: BAT/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 2553
TP1: 2634
TP2: 2708
TP3: 2986
SL: 2456
NOTES:
- Be cautious with recent BTC uncertainty - follow with stop losses
- Uptrend
- Sat on Support Zone
- Support Rejection Candles
- Oversold on RSI Deviance
- Resistance>Support Flip
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
MATIC/USDT - Long - Potential 10%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: MATIC/USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 2078
TP1: 2121
TP2: 2184
TP3: 2238
TP4: 2298
SL: 2006
NOTES:
- Be cautious with recent BTC uncertainty - follow with stop losses
- Uptrend
- Sat on Support Zone
- Support Rejection Candles
- Oversold on RSI Deviance
- Resistance>Support Flip
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
ENJ/USDT - Long - Potential 18%
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: ENJ/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 17648
TP1: 17982
TP2: 18806
TP3: 19630
TP4: 20367
TP5: 20900
SL: 16597
NOTES:
- Be cautious with recent BTC uncertainty - follow with stop losses
- Uptrend
- Sat on Support Zone
- Huge Support Rejection Candles
- Oversold on RSI Deviance
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
HC/USDT - Long - Potential 9%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: HC /USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 1.2412
TP1: 1.2699
TP2: 1.3127
TP3: 1.3576
SL: 1.2021
NOTES:
- Uptrend
- Keeping trade short term - given recent BTC uncertainty
- Sat on Support Zone
- Support Break up candle
- Huge Support Rejection Candles
- Oversold on RSI Deviance
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
VITE/USDT - Long - Potential 13%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: VITE/USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 1626
TP1: 1664
TP2: 1772
TP3: 1851
SL:1549
NOTES:
- Uptrend
- Breakout, Pullback to Support Zone
- Rejection candles
- Strong support zone
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
ONT/USDT - Long - Potential 74%
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: ONT /USDT
T/F: 1 HOUR
LENGTH: Long
RISK - Medium
ENTRY: 6843
TP1: 0.7509
TP2: 0.8210
TP3: 0.9341
TP4: 1.0948
TP5: 1.1875
SL: o.6151
NOTES:
- Uptrend
- Breakout, Pullback to Support Zone
- Trend line breakout
- Rejection candles
- Strong support zone
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
XTZ/USDT - Long - Potential 16%
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: XTZ /USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 2.6807
TP1: 2.7279
TP2: 2.8571
TP3: 3.1142
SL: 2.4491
NOTES:
- Uptrend
- Breakout, Pullback to Support Zone
- Support Break up candle
- Rejection candles
- Strong support zone
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
ERD/USDT - Long - Potential 19%+Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: ERD/USDT
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 11725
TP1: 12815
TP2: 14118
BONUS TP: Keep open as in new high territory
SL: 10659
NOTES:
- Uptrend
- Breakout, Pullback to Support Zone
- Support Break up candle
- Rejection candles
- RSI Trend Line Bounce Up
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
SOL/BTC - Long - Potential 19%+
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: SOL/BTC
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 9563
TP1: 9826
TP2: 10310
TP3: 11346
BONUS TP: 13540 - 41%
SL: 8979
NOTES:
- Uptrend
- Holding strong support zone
- Support Break up candle
- Rejection candles
- RSI Oversold
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = E.G Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = E.G Broken support // Trend Reversal // Consolidation
HIGH = E.G Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
NANO/USDT - Long - Potential 13%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: NANO / USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 1.0052
TP1: 1.0378
TP2: 1.1405
SL: 9444
NOTES:
- Uptrend
- Holding support zone
- Support Break up candle
- Rejection candles
- RSI Oversold
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = EG Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = EG. Broken support // Trend Reversal // Consolidation
HIGH = EG. Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
RLC/USDT - Long - Potential 12%
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: RLC/ USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 8725
TP1: 9118
TP2: 9783
BONUS TP: KEEP OPEN AND FOLLOW WITH STOP LOSSES
SL: 8272
NOTES:
- Uptrend
- Support Break up candle
- Rejection candles
- Minimal above resistance
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = EG Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = EG. Broken support // Trend Reversal // Consolidation
HIGH = EG. Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
OGN/USDT - Long - Potential 12%Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: OGN/ USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Low
ENTRY: 3105
TP1: 3332
TP2: 3500
SL: 2844
NOTES:
- Uptrend
- Support Break up candle
- Rejection candle
- Bouncing off RSI trendline
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = EG Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = EG. Broken support // Trend Reversal // Consolidation
HIGH = EG. Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
IOTA/BTC - Long - Potential 18%+
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
PAIR: IOTA/ BTC
T/F: 1 HOUR
LENGTH: Medium
RISK - Medium
ENTRY: 2488
TP1: 2588
TP2: 2823
TP3: 2946
BONUS TP - 93695 (47%)
SL:2368
NOTES:
- Trend line and resistance breakout candle
- Large potential
- Uptrend
- Support Break up candle
- 2 Rejection candleS
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = EG Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = EG. Broken support // Trend Reversal // Consolidation
HIGH = EG. Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am