Multiple Time Frame Analysis
[Vienmelodic] NZDCHF 17 Dec 2024 SetupNZDCHF First time breaking the downtrend structure on H4 timeframe.
and we spotted good demand area to follow trend as green rectangle shown on the image
idea :
Open Long Position with 1:3 RRR as always
We'll update the open transaction on several days..
~Cut the Losses and let the Profits Run~
Vienmelodic
Stock Of The Day / 12.20.24 / PSNL12.20.2024 / NASDAQ:PSNL
Fundamentals. The second day of growth on the back of $50 million investment from Merck received.
Technical analysis.
Daily chart: Strong squeeze on a range movement. Strong daily level 7.20, formed by a two-year high is ahead.
Premarket: Gap Up on moderate volume. We mark the level 6.50 - the high of the post-trading session of the previous day.
Trading session: The price stopped and began to tighten to the level 6.50 after an impulse growth at the opening. Note how the price began to pullback from the level of 6.50, trapping short traders, whose stops will provide us with an impulse movement upon breakout. We are considering a long trade to continue the movement.
Trading scenario: #breakout (#tightening) of the level 6.50
Entry: 6.59 aggressive entry upon breakout of the level.
Stop: 6.48 we hide it behind the level with a reserve for slippage.
Exit: We close the position before the level of 7.20 taking into account that the price has moved 5 ATR (Average True Range).
Risk Reward: 1/5
AUDJPY moving downwards.Rejected +/- 4 times daily open (not having strength to reach it), + rejected NY High.
From JPY 98.00 - 96.900\800
To try and recover the 2 imbalanced candles on the 15M TF
Note: Risky Trade as RSI is also on the 50% line
I am thinking that the mean reversion is in play. IMO, not financial advise.
EURUSD Waiting for confirmation1. Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0380 - 1.0466
On the Daily chart also note FVG between 1.0422- 1.0480
3. Trend Confirmation:
Price has break support at 1.0453 with massive net sell volume.
Price has rise back to Daily & H4 FVG area.
4. Position:
Entry: Waiting for confirmation
Stop Loss : 1.0485
Take Profit: 1.0345 & 1.0240 (fibo 161.8 & previous low)
RRR : 1:xx
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
GOLD (XAUUSD): Intraday Bearish Bias
Gold nicely retested a recently broken key daily horizontal support.
After its test, I see very intraday bearish price action with
a confirmed local Change of Character CHoCH.
The price will most likely drop lower at least to 2585.
❤️Please, support my work with like, thank you!❤️
Vaxart, Inc. to print 5000% impulsive wave ?? ** The months ahead **
On the above 6 day chart price action has corrected over 96% since February 2021. A number of reasons now exist for a bullish outlook, they include:
1) Price action and RSI resistance breakouts.
2) Confirmation of support on past resistance.
3) Regular positive divergence. The divergence prints at a time price action breaks out after 4 years of active resistance.
4) The forecast is determined from a 2nd impulsive move as measured from the first.
Is it possible price action continues to correct? Sure.
Is it probable? No
Ww
Type: Trade
Risk: You decide
Timeframe for long: Remainder of the year.
Return: 4000-5000%
Stop loss: Will say elsewhere
Vaxart, Inc. A big thank you to all for helping me reach the 8k follower milestone..
On the above weekly chart price action has corrected over 90% since February 2020. A number of reasons now exist to be bullish, including:
1) You know why..
2) Price action confirms support on past resistance.
3) The support is on the Fibonacci 0.236
4) RSI resistance breakout.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: Now
Return: Will say elsewhere
Stop loss: Will say elsewhere
Stock Of The Day / 12.19.24 / OMER12.19.2024 / NASDAQ:OMER
Fundamentals. Growth on the back of positive results from a treatment trial.
Technical analysis.
Daily chart: A pullback on an uptrend after a long accumulation. Strong daily level 12.00 is ahead, which stopped the upward movement at the end of November.
Premarket: Gap Up by 30% on moderate volume.
Trading session: After the opening, we observe a trending upward movement with confirmation of the 12.00 level. We observe a volume output that is twice the volume at the beginning of the trading session some time after the breakout of the 12.00 level. This may serve as a signal for the trend to be exhausted. We consider a short deal in case of a return below the 12.00 level.
Trading scenario: false breakout with retest of level 12.00
Entry: 11.78 on the breakdown of the structure of the mini-tightening after the breakout and retest of level 12.00.
Stop: 12.06 we hide it behind the level with a reserve for slippage.
Exit: Close part of the position before the level of the first pullback 10.60 (RR 1/4), close the remaining part of the position upon return and holding above the level of 10.60 (RR 1/4).
Risk Reward: 1/4
L TRADE This trade was based on previous HIGHEST HIGH and past LOWEST LOW my strategy consist of support and resistance areas as you can see this chart was an L I didn't take in consideration that the overall chart was bearish that's why its all ways good to start from DAILY and work yourself down to the 5 MINUTE for the entry... at least from my ENTRY CHECKLIST !! This is what happens when you get greddy and don't look at the overall charts this is something to truly remarkable for a NEWBIE hope you all learned from this > God Bless.
POLKADOT- BUY HIGH, SELL HIGHERIn the midst of chaos, I've decided to increase my position in Polkadot, as I've been holding since $5.82. The structure continues to show bullish signals, and we’re still in a bull market. Moreover, the Christmas and New Year rally hasn’t even started yet.
For traders feeling anxious right now, it's better to step away from the screen and avoid making impulsive decisions. For those focused on knowledge and strategy, there’s no better moment to consider opening a long position—fully aware of the possibility that your stop-loss might be hit.
Trade Management:
Entry: $7 or market price
Stop-loss: $6.31 (keeping the previous position intact)
Remember to control your emotions and avoid overtrading. Maintaining liquidity is crucial—don’t put all your capital at risk. Protect your psychology and trust your skills. Don’t let the market shake your confidence in what you know works.
I’m sticking to my plan, as mentioned in my previous idea. Nothing changes if you follow your plan.
May God bless you all.
Jay
Will Allakos Inc. return 10,000% ?? Maybe even 20,000%
This is a 20,000% return idea from current price action. If you missed out on the QUBT trade (below) and find yourself filled with regret at the inaction taken… Then Merry Christmas...
On the above 15 day chart price action has corrected a massive 99.5% from $166 since early 2021. A number of reasons now exist to take advantage of this discount. They include:
1) Price action and RSI resistance breakouts.
2) Strong regular positive divergence. Recognise this divergence prints at a time price action resistance breaks out and prints support on past resistance from a 4 year active resistance downtrend.
3) No share splits!
4) “Off-Exchange Short Volume Ratio 39.57%” - who are these people?
5) The forecast comes from the wedge breakout. Top and bottom touch points are used to measure the forecast area
Is it possible price action continues to correct? Sure.
Is it probable? No
Ww
Type: Trade
Risk: You decide
Timeframe for long: QUBT danced around 60 cents for a month or so, people got bored, others left in frustration… do you want to see my inbox as price blasted past $6 ?? Filled with regrets from folks unable to exercise patience.
Return: 2,500% in the first wave
Stop loss: Will say elsewhere
Missed Trade Recap: EURUSD - SHORT, 19/12/2024EU Bias Analysis: Daily EPD had been achieved on the minor range and the 4H had established a bearish pro-trend. After reading between the messy price actions lines, I confirmed that short entries were in line with the 1H bearish range. Price pulled back to equilibrium at 50% and the short position could've been executed after entry confirmation.
Grade: High Risk
Why I Missed This Position:
- This position was a high risk trade, and as I'm currently in phase 2 of the trait building protocol, I am only permitted to take low risk variations.
- A low risk variation of this position would've seen price retrace to at least the 70.5% fib level without displacing and forming 1-sided FVG's. Once a 1H or 4H KI area was mitigated, I would then require an internal sweep of TBL on the 15M timeframe to satisfy trade parameters.
NZDCAD SHORT Market structure bearish on HTFs 30
Entry at both Daily and Weekly AOi
Weekly Rejection from AOi
Bearish Harami formed on the Weekly
Daily Rejection from AOi
Previous Structure point Daily
Around Psychological Level 0.82500
H4 EMA retest
H4 Candlestick rejection
Levels 6.05
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
XAU/USD 19 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
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:
Yesterday's analysis played out as expected with price targeting weak internal low, printing a bearish iBOS.
Price has printed a bullish CHoCH, indicating, but not confirming bullish pullback phase initiation. We are now trading within an established internal range.
Intraday Expectation:
Price is currently trading at premium of internal 50% EQ where we could see a reaction. Price could potentially trade up to M15 supply level before targeting weak internal low priced at 2,583.915
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD. Analysis of the daily timeframeHey traders and investors!
Let me remind you, on the daily timeframe, there's a range. The upper boundary is 2726.295, and the lower boundary is 2536.855. The current seller's vector 6-7 has reached the first target of 2605.31, and the price has nearly hit the second target of 2581.445. The seller’s daily bar on December 18th showed good volume and spread.
It is risky to look for short trades now since the price is at the lower end of the range. You can search for buying patterns as an idea for the buyer's vector 7-8 with a potential target of 2721.42. However, there are two factors to consider:
1. The seller’s daily bar from December 18th with good volume and spread indicates strong sellers, from which a seller could resume. To find a buying pattern, it would be ideal for the seller to resume from this bar (e.g., on the hourly timeframe) and be overcome by the buyer.
2. The price has not yet touched the buyer's zone (green rectangle on the chart), with its upper level being the second target (2581.445). To find a buying pattern, it would be ideal for the price to enter the buyer's zone and see the buyer's resumption from there.
If both factors are met, the likelihood of a successful buying pattern will be significantly higher—observing the seller's resumption, the touch of the buyer’s zone, and the buyer’s resumption.
I wish you profitable trades.