Multiple Time Frame Analysis
AUD/JPY: Counter-trend bull flag in focusI have outlined my bearish case for AUD/JPY for the year in prior articles and videos, but today I want to look at a potential countertrend setup.
A bull flag is forming on the daily chart. Usually I'd prefer to see such patterns during a strong uptrend as a continuation pattern. But given we saw a false break of an elongated bullish pinbar and sharp reversal higher, I suspect there is at least one more leg higher brewing for AUD/JPY. And because this is counter trend to my core bearish bias, I am not seeking the usual flag projection target, and instead will be happy with a more conservative reward if successful.
Prices are holding above the 10-day ERMA and weekly pivot point, but bulls could also seek dips towards the high-volume node (HVN) at 95.11 or around the 98 handle.
Bulls could target the 97 handle, with a break above 97.20 brining the weekly R1 into focus just below 98.
Matt Simpson, Market Analyst at City Index and Forex.com
AUDUSD LONG Market structure bullish on HTFs DH
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejectiion at AOi
Previous Structure point Dally
Around Psychological Level 0.63500
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.36
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
EURUSD ENTRY CHARTOn this pair, we are anticipating for a BUY CONTINUATION, as we expect the DXY to continue BEARISH, also the TREND on the EURUSD is still BULLISH from the HIGHER TF, and price is currently on a H4 Demand Zone, with our LTF Confirmation Met, we will be watching and waiting for Price to Tag us and we JOIN, UPDATE will be given in the SESSION BOX. THANK YOU
Opportunity for XAUUSD Long position - SMCPrice tapped into the outlined FVG indicated by purple box and has high potential to continue its upward trend close to 2,968. Possible re entries into FVG during early Asian session before more upward movement. Keep on eye out for new FVGs to enter into a long position and trail your SL below them
Strong RECOVERY coming up anytime sooner !! As we can see NIFTY closed below the trendline. Despite the weak closing on daily basis, we can expect NIFTY to recover strongly on weekly candle which could be inside the trendline and structure. It could be a mere trap or liquidity grab or to attain the psychological level hence all signs direct towards potential REVERSAL in the market so plan your greater accordingly and one can start making new longs here.
How to Set Multiple TPs...for BeginnersHey Rich Friends,
I wanted to share how I find multiple TPs for my Forex trades using free tools and only 1 technical indicator. This strategy is perfect for beginners because it is easy to follow and has clear confirmations for entering and exiting a trade in profit, even if it hits your Stop Loss.
I keep my charts clean and let price action do the talking. Here's my setup:
✅ Session Breaks & Horizontal Lines – I mark the previous day’s highs, lows, and key levels to identify potential areas of interest.
✅ Stochastic for Entries & Exits – I use the Stochastic indicator to time my trades when the price reacts at my key levels (80 and 20 are very important here!)
✅ Horizontal Lines = Potential TPs – Instead of setting a take profit, I let the market tell me when to exit based on price action around these levels.
Less noise, more precision. Drop a "7" if you made it to the end of the video and let me know if it was helpful!
Peace and Profits,
Cha
TOTAL3 - Adam & EveOn the above 2 day chart of TOTAL 3 (crypto market total excluding both Bitcoin and Ethereum markets), an Adam & Eve pattern confirms (see link below for details).
What follows next is the most exhausting sideways trading period that typically lasts a period of months ending with traders capitulating.
So the crypto market so going to crash?
The depends, are you holding XRP, DOGE, HBAR, SOL to name a few, there are some tokens that are considerably overbought with 1000-2000% extensions from the last six months. For holders of those tokens there is nothing I can do to convince them of what is about to happen.
For everything else, the outcome is actually quite positive. You either know what those tokens are or you don’t! If you don't, focus on the 8 day GRM, it tells you all you need to know.
Ww
Adam & Eve pattern:
forexbee.co
Incoming 50% for Dogecoin ??**short term analysis - Days and weeks ahead**
On the above 3 day chart price action has enjoyed a massive 320% rally over the last 2 months thanks to you know who.
A number of reasons now exist to be “short”, despite the myriad of long ideas currently on the platform.
1) Price action prints bearish divergence.
2) Price action was recently outside the Bollinger Band. We know 95% off all price action trades around the mean, which is currently 50% below.
3) Remaining on the Bollinger Band notice the slight inward curve (red arrows)? This is informing you the current extension in price action is now exhausted.
4) Lastly, support and resistance. 20 cents was resistance for multiple months. Healthy market structure would see past resistance confirm as support before the continuation of the uptrend.
Is it possible price action continues upwards and onwards? Sure.
Is it probable? No.
Ww
XAU/USD 24 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 21 February 2025.
Price printed as per yesterday's analysis and bias.
Price has printed a bearish CHocH indicating, but not confirming bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ, or H4 demand zone before targeting weak internal high, priced at 2,954.955
Alternative scenario:
Given HTF (Daily and Weekly) have also printed bullish iBOS' it would not come as a surprise if price printed a bearish iBOS.
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.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 21 February 2025.
Price printed as per analysis and bias dated 20 February 2025.
Price is now trading within an established internal range.
You will note my comments in yesterday's analysis whereby I mentioned that as we await for H4 TF to confirm bearish pullback phase initiation, it would be a realistic expectation for price to print a bearish iBOS.
This scenario seems underway, price has targeted strong internal low, however, price has, thus far, not been able to close below.
Intraday Expectation:
Technically price should target weak internal high priced at 2,954.955, however, my alternative scenario remains live.
Alternative scenario:
As we await for H4 TF to confirm bearish pullback phase initiation, it would be a realistic expectation for price to print a bearish iBOS.
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:
DXY. Attempt to change the trendHey traders and investors!
In a recent analysis of the AUDUSD currency pair (available in related posts), I mentioned a high probability of a reversal forming on the weekly timeframe. This conclusion was also supported by the situation on the daily timeframe. Currently, a similar situation is observed with the US Dollar Index.
This review illustrates the relationship between different timeframes, aiding in making better decisions in asset analysis and entry point identification.
1D Timeframe
The US Dollar Index (DXY) is in a downtrend on the daily timeframe after breaking down from a consolidation range. The boundaries of this range are marked by black lines on the chart. A key level protecting the breakout from the range is 106.957, which marks the beginning of the last seller's impulse.
At the start of this impulse, a seller's zone formed (red rectangle on the chart). At the end of the impulse, there was a buyer's bar with increased volume, indicating buyer interest at these price levels. The volume in this bar is concentrated in its upper part (blue line on the chart), suggesting potential seller interest.
Key Levels on 1D Timeframe:
Key resistance (start of the last seller's impulse): 106.957
50% of the last impulse: 106.435
Last impulse low: 105.913
Trading Recommendations:
Selling:
Look for selling patterns near resistance levels, especially around 106.957.
Buying:
Currently, there are no conditions for buying (bearish trend). Buyers need to consolidate above 106.957 to change market dynamics and create opportunities for buying patterns.
Now let's analyze a higher timeframe to understand potential downward targets and obstacles. In my opinion, the 11-day timeframe shows the situation best.
11D Timeframe
On the 11-day timeframe, the price is moving within a sideways range, with the upper boundary at 106.952 (close to the daily level of 106.957) and the lower boundary at 99.099.
The last realized vector in the range is a buyer's impulse 7-8. The key bar of this impulse (highest volume) is located in its middle (marked as KC on the chart).
The price broke above the upper boundary of the range during this impulse. However, the seller returned the price into the range, forming a seller's zone above the upper boundary (red rectangle on the chart). This seller's zone corresponds to the daily range.
All of this appears as manipulation (false breakout) of the upper boundary of the range. The current seller's vector is 8-9, with a potential target of 99.807 (99.099).
Obstacles for sellers include the key bar of the buyer's impulse, inside of which is the 50% retracement of the last impulse. I expect the first buyer reaction (long bar on the 11D timeframe) after the price declines to the range of 105.112 - 104.843.
Thus, the 11-day timeframe supports the conclusion on the daily timeframe about the advisability of searching for short positions. Similarly, one can analyze a smaller timeframe, for example, the hourly, to look for short entry patterns.
Key Levels on 11D Timeframe:
Upper boundary of the range: 106.952
50% of the last buyer's impulse: 104.843
First target for selling (PT Short): 99.807
Lower boundary of the range: 99.099
I wish you profitable trades!
DXY - Fed’s Rate Cut Gamble Clashes With ECB Hawkish HoldSuccessful delivery this week with daily sell stops taken out @ 106.566 as expected. This caused risk on conditions for FX pairs; GBPUSD and EURUSD.
The heaviness to the downside indicates continuation to the downside.
106.111 - 105.440 is a price region i am scoping
PARESHANI continues!!As we can see NIFTY despite its weakness has not reached our demand zone and our psychological level of 22500 hence these is more room for fall till signs of REVERSAL is seen around these zones and trendline support for a new trend so plan your trades accordingly and keep watching.