Get started

Multi-timeframe

AUDJPY - short at H4 (Symmetry Wave)Look left, We have two zones for a sell. 1. Group wave daily I, II, III... Now the AUDJPY is at the wave V go to wave VI. 2. Group wave H4 (1), (2), (3)... Now she is at the wave (3) to wave (4) and she reaches the Potential zone of group wave (80-100% the magnitude). Plan: Trade 1: wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120% Trade 2: When she reaches zone for a sell of group wave Daily, wait for a signal at the smaller H1, 30 minutes ... * Invalid is at 120% Target 1: is at 61.8 Fibonacci Target 2: is at 80 Fibonacci
Short
by dinhchien
2
DE30EUR - Down again at H1Look left, the downtrend signal is activated (drop beyond 120% of the biggest Retracement of the uptrend) Two group waves for sell: 1. At the H4 timeframe (group waves (1)(2)(3)...). 2. At the H1 timeframe (group waves 1,2,3...). Early entry: 80% Fibonacci (80/20% rule) Reasonable entry: Sell limited at 90-100% Fibonacci Late entry: Wait to signal at the smaller timeframe (new price action, double top, head&shouder...) The stop loss is at 120% Fibonacci Extension. When DE30EUR down again, should be moving the stop loss to accord the next rule symmetry wave of the downtrend. Plan: Move to the stop-loss at 80% of the biggest retracement of the Uptrend (group wave Weekly (I)(II)(III)... Good luck with All.
OANDA:DE30EURShort
by dinhchien
4
GBPAUD - long after break daily group waveLook left the group wave weekly (I) (II) (III) (IV) (V) (VI) is at Uptrend because wave (VI) wasn't beyond 120% of weekly resistance (1.72039), then She goes up and passes over 120% Fibonacci extension (1.79902) of group wave Daily I, II, III, IV. Thus I predict he will go follow the weekly trend. The group wave Daily have to restart count wave, now she is at wave I. At the present, GBPAUD has a rule at group wave H4 (1) (2) (3). We should wait he drop at zone wave (4) for Buy. If GBPAUD drops beyond 1.7768 he will go down with previous Daily magnitude (1.7060 - 1.73811) zone of group Daily wave II Thanks for look my ideas. Have a nice weekend.
Long
by dinhchien
USDCAD - Buy Rating (1.19000) Blue: Price has formed a megaphone pattern indicating increasing volatility overtime. Red: Has acted as resistance in the past, however it has previously been crossed and has had its upside flirted with recently - not the strongest. Pink: Large counter-trend move in the form of a bull-flag. Price has recently broken upside indicating a potential uptrend resumption. Orange: Price consolidation - Evident bull-bias in overall direction and support angle - Resistance most likely triggered by Red. Elliot Wave: Indicates the corrective-wave (A-B-C) has recently ended and that continuation will likely resume. Recent flirting with the upside of Red and Pink, having come in contact with Orange on the downside, as well as Elliot Wave are reason for a buy rating for USDCAD as of ~1.19000. Price has potential to encounter resistance upon coming in contact with Orange/Red on the upside, however, price is expected to break through. A break over ~1.38000 would confirm Continuation-Wave II (1-2-3-4-5) is in effect.
Long
by DELETETHISACCOUNT111111111
1
Significant Reversal in WEF?1. Daily chart shows "Three White Soldiers" or three bullish candles. Price is closed out quite well. Three such candles haven't been seen before at a low point in the downtrend. This suggests that this may be a significant low point. 2. Weekly chart show a bullish hammer followed by a week with a higher high and higher low. 3. On both time frames, bullish price action is happening at the lower bollinger band . Go long at 2.40. Stop Loss at 2.21. Projected price range is 2.75-2.85. Give it a little extra room, in case of a immediate pull-back.
TSX:WEFLong
by AnishBadwe
BTC DAILY UPDATE (day 160)Previous analysis /position: Strong support at $6,800 and falling $1,250/15.21% over the last week led me to believe we should get a bounce to retest $7,250 - $7,500. Remain short ETH:USD from $450. Patterns: Wyckoff distribution with spring indicates that $6,800 is about to breakdown. 1h - 2h bear flags indicate that as well. Horizontal support and resistance: S: $6,784 - $6,884 | weak R: $7,016 | strong R: $7,250 | $7,500 | $7,750 BTCUSDSHORTS: Back above 21,500. Currently testing 50 and 128 day MA’s. | 60% long: 40% short Funding Rates: Longs pay shorts 0.01% 12 & 26 EMA’s (calculate % difference): 12= -6.41% | 26 = -5.68% 50 & 128 MA’s: 50 = Currently acting as support | 128 = -8.13% FIB’s: 0.236 = $5,920 | 0.382 = $8,496 Candlestick analysis: If current daily candle trades below $6,880 it would be a bearish engulfing. 12h dragonfly and hammer (on top of 128 MA). Ichimoku Cloud: Wicks continue to piece the bottom of the daily cloud, but we still have not closed outside of it. Tenkan-Sen still diverging above the Kijun-Sen when I would expect them to be posturing for a bearish crossover. 12h cloud is bullish and currently acting as support. TD’ Sequential: R-2 < R1 on 3d | Daily R-7 | 12h R-7 Visible Range: Point of control over last 24h is $7,015 | POC over last 5 days is $7,551 with a low volume node between $7,000 and $7,325 | POC over last month is $7,451 | POC over last year is $8,258 BTC’ Price Spreadsheet: 12h = -2.02% | 24h = -0.57% | 1w = -14.89% | 2w = -16.54% | 1m + +6.65% Bollinger Bands: Testing bottom band on daily while the band starts to angle downward. Below MA on weekly. Testing MA on 3d for support. Trendline: N/A Daily Trend: Chop Fractals: UP = $8,284 | DOWN = $6,068 On Balance Volume: Moving down faster than the price, indicates smart money getting out. ADX: 1d - 1w are bearish w/o any trend present. Chaikin Money Flow: Dumped from 0.2 to < 0.05 in the last week. In agreeance with OBV. RSI (30 setting): 1d and 1w are < 50 Stoch: %K is finally crossing below %D on weekly. This is establishing a lower high. Daily is cooled off and back in oversold zone. Summary: 1h Wyckoff distribution (w spring) and/or the bear flag are indicating that $6,800 should breakdown before we get a bounce to $7,250 - $7,500. Personally I am having a hard time believing that we will breakdown the major level of support after being oversold and still think we will get a bounce. The 12h reversal candles above the 128 MA would agree with me. The 3d TD’ Sequential and the daily cloud are potentially disagreeing with me. The TD’ is providing an entry with a Red 2 below a Red 1. If we close a daily candle below the cloud then it would also be suggestive of an entry. I would pass on the TD’ entry due to being on a daily Red 7. I would pass on the kumo breakdown due to the bullish TK' Cross. If not in a position then I would wait patiently for a bounce and would be prepared to sell the shit out of it. Thanks for reading!
COINBASE:BTCUSD
by Sawcruhteez
1
BTC DAILY UPDATE (day 158)Previous analysis /position: Trading below the volume profile point of control with a 1 month look back period gave me very little confidence in a bounce, gave it a 15% chance. Thought the most likely was to range between $7,250 - $7,500 and form a h&s pattern. Short ETH from $450. Patterns: Nice Wycoff distribution on the 1 hour. Pointed out that we were in the re distribution phase yesterday after re testing the broken down support. 2nd markdown came this morning. Horizontal support and resistance: Found support at $7,000 but it should be weak. Strong support = $6,800 and strong resistance should be waiting at $7,400 - $7,500 BTCUSDSHORTS: Starting to build after finding a double bottom at 17,500. Currently testing trend resistance Funding Rates: Longs receive 0.0483% 12 & 26 EMA’s (calculate % difference): 12 = -7,89% | 26 = -5.74% | Both are angling down sharply 50 & 128 MA’s: 50 = Current support | 128 = -7.52% FIB’s: 0.236 = $5,920 | 0.382 = $8,496 Candlestick analysis: Dragon fly, hammers and inverted hammers on 1h show support holding strong at $7,000 Ichimoku Cloud: Just pierced bottom of the cloud, and now it appears to be providing support. C clamp on 5 day cloud. TD’ Sequential: Price flip on 3d. R-5 on daily. Visible Range: Point of control over last 24h = $7,375 | POC over last 5 days = $7,528 | POC over last month = $7,444 | POC over last year = $8,190 BTC’ Price Spreadsheet: 12h = -5.94% | 24h = -4.94% | 1w = -14.72% | 2w = -5.08% | 1m = +6.9% Bollinger Bands: Bottom band on daily = $6,791 | MA on 3d = $6,931 | Back below MA on weekly. Bottom band hanging around $5,500. Trendline: N/A Daily Trend: Bearish Fractals: Just took out another daily down fractal. Up remains at $8,367. Next down = $6,085 On Balance Volume: If price fell as hard as daily OBV then we would be back at $6,300. ADX: -DI just crossed above +DI on weekly. Recent cross on daily with ADX > 25 (trending down) Chaikin Money Flow: Finally created a lower low on daily. RSI (30 setting): Just crossed below 50 on daily and weekly. Stoch: Recent sell signal on 3D. Daily re approaching oversold territory. Weekly still looks healthy Conclusion: Yesterday I expected a fall straight to $6,800 if we broke down $7,250 support and was surprised to see the reversal candles on the 1 hour chart. The 50 day MA and psychological support coming from the round number is the only reason why I can see the price finding support here. Conversely the daily cloud could provide a short sale entry in the very near future. We briefly pierced the bottom a bearish cloud, and now it appears to be providing support. However be careful here because we do not have a bearish TK' cross (yet) and we are near significant support. The daily TD' Sequential indicates 4 days left to the downside. If we get a red 9 at $6,800 then a bounce would be highly probable. If not in a position then I would pass on selling a kumo breakdown and wait to sell the bounce from $6,800 - which should take us back to $7,250 - $7,500.
BITFINEX:BTCUSD
by Sawcruhteez
1
GU Buy stop placedIF/WHEN GBPUSD reverses and heads into an uptrend I have set a buy stop to be ready. I forsee the weekly timeframe forming a large M structure out of a larger W. At this point the M would be in the middle point or the B point of an XABCD harmonic. I came to this conclusion through seeing the downward pressure slow and weaken. Shorter lows and higher highs. There is no guarantee that this is the beiginning of a reversal although these higher lows and higher highs would be the first indication of such. The next confirmation for an uptrend would be a break of the downward trendline touching the past highs on the daily timeframe as price has made its way downwards.
Long
by nicktarver144
Possible SPY Move Here (Bullish Scenario)Hey Guys, things seem to be looking up a lot for the SPY, here seems to be one of the many scenarios here that could play out. The SPY seemed to have a fantastic run up here with a slight retractment (B-C) and a possible measured move up to D. Only problem is, that if D is reached, the SPY will have to be completely gassed, meaning it's best to wait for a retractment. We seem to have a band of VWAP here that could act as possible support coming up soon, the area circled is an area of marked interest. The 50% retractment seems to match up fantastically with the VWAPS, as well as the former resistance line from the early January Drop. If the SPY retracts to there, we could see a fantastic buying opportunity with an even better stop loss position, and this would be one of my preferred scenarios. With that being said though, the most important thing to remember is that preference is just that, a preference! It's not a guarantee and no matter how hard I want or believe, it in no way means this outcome will happen, just one of many high probability outcomes. Always antacipate before you particpate! The market can move in any direction it pleases, just try to listen to it! In other news, let's take a lot at the shorter 30 Minute Chart: As you can see, the really thick purple line is the 5-Day MA, and it's sloping up beautifully, ichimoku is looking great. Longer time-frame: 200 is still rising, we're finally above the 50 Day MA, and 20 DMA is about to finally cross 50 DMA, so things are looking good (for now). Probably the most important thing I'm about to say this entire post: Do not, and I mean Do not in any way, shape, or form, CHASE!!! We're getting so overbought right now and the SPY, even though it's not showing it right this second, is getting weak! Chasing prices makes your stop losses ridiculously large, so just wait for a retractment here and let's see if we can get in at a better price! That's all guys, any questions, leave them down in the comments below. I know I haven't posted in a while, just been busy. Let me know what you think.
AMEX:SPYLong
by croganm
7