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Multi-timeframe

DFT daily mapping - ETH looks healthy for long termdaily mapping of the price, we map, not predict in Multi UT analysis ;) Some rules to understand the form of the strategy: (Can answer to your question about the content of DFT strategy :) ) - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with green cloud is most likely tested twice before break up. Conv: Trend vs demand/supply -Ascending trends with green cloud doesn't need retest to break up. -Descending trends with red cloud doesn't need retest to break down. red cloud = supply area green cloud = demand area
KRAKEN:ETHUSDLong
by Mr_Gesier
3
EURAUD - SWING Analysis - Weekly & Daily - Bearish TrendEURAUD - SWING Analysis - Weekly & Daily - Bearish trend We have a major Bearish trend on the Weekly, Daily & H4 charts. On the Weekly chart, we have a Shooting Star that shows us that the bears have taken the lead, if the price stays under the trend line we will be looking for SHORT Trades but if the price break the bearish magenta trend line and close above it, this will show us that the immediate bearish trend could be over. We consider entering SHORT after a bearish breakout under 1.6600 with as target the 0.786 Fibonacci Level. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Entry: 1.6600 | Stoploss: 1.6725 | Takeprofit: 1.6350 | ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support this channel, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Short
by Sami_Derti
Short scenarios for NQHey guys, gonna mix a little and try to share some index ideas. Not sure if I'm gonna post it everyday, yesterday just didn't have time to post bond ideas haha but I want to share and hear opinions/suggestions from you. I'm very short biased because we failed 2 times to seek value higher. if overnight balances below 9378 I'm looking for a pullback at cash. Entry, stop and target prices at the scale. Might as well look for signals in the tape if it opens above it. It could serve as Line in the Sand, do a false breakdown and reverse up. Yeah I know, not much prediction of direction at this price, but what matters most is that it's a region with an edge. once you find the most probably direction, you have a long move waiting for you and a tight stop. That's the advantage of Lines in the sand If it never gets a test in this area at cash, target price (green dotted line) could be a long entry because ON would be overextended down and it's limit of higher timeframe Value Area. Also little demand zone at lower timeframe. Another possible pullback test to push back lower is at little value area + support zone @ 9510. entry, stop and target on scale aswell.
CME_MINI:NQ1!
by caiobortoli
T-note scenarios for 27/05We moved away from previous 2-day balance (medium yellow box) at overnight and bounced back and forth previous demand zone at cash session, so it lost it's strenght. Removed it from the chart then included longer time frame value low in purple at 138'26. We can see that market has been rejecting value higher so far (tails and bottoming shown by red arrows) but as long as we stay between purple line and last big supply at 139'08 there's no definition of higher TF trend. Possible moves for next days are drawn in red and green. Scenario 1: We could play between these zones, for sure, as seen in blue line. it's a big range for day trading. There's a low volume area at the cumulative volume profile (right) just above previous day value area (smaller yellow box). If overnight keeps balancing a little higher than that and we get a extension lower at cash open, could be a risky long for continuation at 138'30'5/31. Target at 139'07/08. Scenario 2: 139'08 could be a short play if it gets the same bounce from overnight first. However I'm shifting to long if it breaks since it's LIS for initiative move lower Scenario 3: Market returns to previous day's value. Won't do anything. However, since market kept building volume towards purple line, this became my LIS for shifting from neutral to short. Will wait for it to break then sell pullbacks, target at 138'16, supply zone near bottom of macro value from couple months now. I got shaken out ZB as you can see from my other idea but I'm still long at 27'5 in ZN so I'm hoping we get at least scenario 1 or 2 so I can get out hahaha
CBOT:ZN1!
by caiobortoli
DFT H4 mapping Multi UT - Possible bearish scenarioH4 mapping of the price, we map, not predict in Multi UT analysis ;) Some rules to understand the form of the strategy: (Can answer to your question about the content of DFT strategy :) ) - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with green cloud is most likely tested twice before break up. Conv: Trend vs demand/supply -Ascending trends with green cloud doesn't need retest to break up. -Descending trends with red cloud doesn't need retest to break down. red cloud = supply area green cloud = demand area Current idea: We will currently land to the MA128 (pivot) in red after sliding this small green bell. The MA is ascending the a retest upward is most likely to occur for now. If the test failed and the price cut down below 9100$, I will follow the current mapping with entry in de risked area. GL
COINBASE:BTCUSDShort
by Mr_Gesier
GBP/CAD STRUCTURE MULTI TIMEFRAME ANALYSISThe pair has reached an important horizontal structure on the daily timeframe. It is now trading in a narrow range on the one hour timeframe in indecision. Wait for the breakout to either side. If it breaks out higher, above the resistance in the blue, wait for the retest and go long. If it breaks out lower, then, wait for a retracement and short. Both trades will provide a good risk reward profile. Possible Targets for both long and short are outlined on the daily chart by the dotted line and are named resistance and support respectively. Like and subscribe if you like my analysis. I really appreciate your contribution. Wish you all best of luck in your trading.
Long
by ProSignalsFx
11
AUDUSD ALEXANDER ELDER 3 SCREEN TRADING STRATEGY As the name of the Elder trading system suggests there are three “screens” that we apply to every trade. The three screens used by Alex Elder can be summarized as follows: First Screen used for establishing a trading bias. The second Screen applies technical indicators to identify retracements against the trading bias established earlier. The third Screen is used for timing your entries using short-term breakouts in the direction of your trading bias. As you can probably tell, the Alex Elder trading rules involve the use of multi-timeframe analysis. The first screen starts with higher degree time frames and subsequently we downgrade our time frames lower as we progress with the 3 screens. In total, trading Alexander Elder system involves using three different time frames: The long-term trend – Alex Elder calls this as being the tide The medium-term trend – this trend is also known as the wave The short-term trend – it’s also referred to as the ripple Elder Trading System – First Screen According to Dr. Alexander Elder’s rules, the first screen starts with a time frame bigger than the time frame you’re looking to trade. For example, if your preferred time frame is the daily chart, you first start by looking at higher time frames like the weekly chart. This is the chart where you’re going to apply the trend-following indicators to establish your bias. If the trend is up, we only look for buy signals. Inversely, if the trend is down, we only look for sell signals. By going through this process, we can filter out trades against the primary trend. Elder Trading System – Second Screen Dr. Elder trading rules recommend downgrading our time frame lower. If during the First Screen we used the weekly chart, the next lower time frame we can use is the daily chart. Now, we look for price movements against the tide. In other words, we’re waiting for pullbacks or what Elder system calls the “wave”. Learn the most profitable approach to profit from pullbacks HERE. This in return will help us spot good times to execute your trades. The Elder trading system uses oscillators to identify these price movements against the tide. For example, if the weekly tide is up, then we’re looking for the oscillator to identify when the wave is down and that’s when we buy. On the other hand, if the weekly tide is down, then we’re looking for the oscillator to identify when the wave is up and that’s when we sell. Elder Trading System – Third Screen The Elder trading system refers to the third screen as the execution screen. Or, in other words, this time frame is used for better timing our entries. We have to downgrade our time frame lower. The next in order time frame is the 4h chart. When the trend on the third screen aligns with the trend of the first screen that’s the optimal trade entry. To time your trades, Alexander Elder uses a trailing stop in order to seize small breakout in the direction of the main trend. Basically, that’s what the Elder system is all about. Dr. Alexander Elder Rules on how to Use Multiple Time Frame Analysis The Alexander Elder trading strategy uses a technique to balance out the different information that comes from looking at different time frames. The Elder’s technique involves using a factor of four to six to classify his time frames. Let me explain… Alexander Elder factor of 4 to 6 can help us divide our charts into smaller units of 4, 5, or 6. The way to go about it is to first select your larger time frame (first screen) and then downgrade the charts lower by a factor of 4, 5, or 6. For example, if your first screen is the daily chart and we downgrade our time frame by a factor of 6, the next time frame would be the 4-hour chart. Four multiplied by 6, it gives us 24-hours, which is a day. Using a factor of 4 will require us to downgrade our charts to the 8-hours time frame. Now, to find your execution screen aka the third screen, we have to downgrade our time frames lower one more time. If we used a factor of 4, the next down in line time frame is the 1-hour chart. So, the 1-hour time frame is our third screen. Note* if after downgrading the charts, the exact time frame doesn’t exist, then as a general rule the closest one is used. This is the method used by Dr. Alexander Elder to select his time frames. Long Range - 1st screen Weekly - 2nd screen Daily - 3rd screen 4H Mid Range - 1st screen Daily - 2nd screen 4H - 3rd screen 1H Short Range - 1st screen 4H - 2nd screen 1H - 3rd screen 15m When to buy using the Alexander Elder Trading Strategy According to Alex Elder trading rules, the best moment to buy is when an uptrend has undergone a pullback and has started to resume the bullish trend. For this example, we’re going to use as the first screen the 4H chart. So, the 4H chart is used to determine the long-term trend. And, for this purpose, the 200-day moving average, which is the standard measurement of bullish and bearish trends, will be our trend filter. Check if the price is trading above the 200-day moving average to confirm the uptrend. The next step is to downgrade our time frame to the second screen. If the first screen used the daily chart, the next in line time frame is the 4-hour chart. The middle time frame is going to be used to spot corrections against the bullish trend. For this purpose, we’re going to use the MACD indicator applied to the 4-hour time frame. We wait for the MACD lines to rise from the oversold condition and the moving average slops have turned upwards again. Note* Dr. Alexander Elder recommends to use the Force index or another momentum oscillator to add more confluence. The next step is to downgrade our time frame to the third screen. If on the second screen we used the 4-hour time frame, the next in line time frame is the 1-hour chart. The short-term time frame is going to be used to time the market. However, since Alexander Elder doesn’t provide rigid rules for entry and exit, it’s time to reveal the Ace from our sleeve. For timing the market with great result, we’re going to use the Know Sure Thing indicator. On the 15m time frame, we wait for the Know Sure Thing oscillator to cross above the zero lines to trigger a buy signal. The KST indicator is great because it also signals burst in momentum. What does it mean for your trade? Simply, you get the chance for your trade to show a profit right from the start. Note* for sell signals the same trading rules can be applied but in reverse. Final words – Alexander Elder Trading System The Alexander Elder trading strategy can be used as a building block for your own trading strategy. The Elder trading system has the advantage of using multi time frame analysis to verify the market trend in several degrees. According to Dr. Alexander Elder, the single most important factor that will dictate your profitability is the quality of the records that you keep. We succeed in some trades and make mistakes in others. However, we can only improve our trading strategy only if we learn from both winning and losing trades. And, that’s why Dr. Elder believes that journaling is an absolute must as it makes you into your own teacher.
Education
by Tradingstrategyguides
14
EURNZD MULTI TIMEFRAME STRUCTURE ANALYSIS The pair has violated the downward channel it was trading in, and reached a massive structural resistance level. The current bet is that it will bounce from the level back to the channel line, which is the new support, as it had done many times before, proving the strength of the level. If not, then we will get stopped by a breakout. Wait for the breakout to get confirmed and go long after the retracement. Here is what the pair looks like on the daily timeframe. Guys, like and subscribe to support me! It really helps me when you do that. Every like of yours matters. Wish you all best of luck in your trading.
Short
by ProSignalsFx
3
AUDCAD - SWING Analysis - Weekly - on Resistane ZoneAUDCAD - SWING Analysis - Weekly - on Resistane Zone - SELL We have a bearish trend on the Weekly Chart that have broken his Trendline and made a pullback to the 0.50 Fibonacci Level that is now a Resistance Level. On the RSI Bollinger Bands we see clearly a Channel with a pullback on the Upper Bollinger Band that is reacting like a Resistance this gives us a good Sell opportunity to go with the Major Trend. Our Target will be @ the 0.236 Fibonacci Level. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ If you like this idea please click the like button to support us, thanks. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Short
by Sami_Derti
short XAUUSD XAUUSD se ha encontrado consolidando utilizando la zona de resistencias como punto pivote, actualmente parece estar en camino a un tercer toque de un ending channel, si ese toque tiene confluencia con la zona azul, podemos buscar algun patrón de cambio en temporalidad menor para agarrar la bajada a los niveles de TP marcados con lineas blancas. XAUUSD has been consolidating using the resistance zone as pivots, now it seems to be on its way to the 3° test of an ending channel, if this happens in confluence with the blue zone we can go into a smaller timeframe to look for a reversal pattern and take advantage of this fall, the TP would be the white lines.
OANDA:XAUUSDShort
by OscarVelazquez
AUD/NZD WEEKLY CHANNEL RESISTANCE AND STRUCTUREThe pair has reached the resistance area of a massive downward channel it was trading in for the last 3 years. The resistance line is porous, and is more of an area though, which can be seen by the spikes of the weekly candle shadows spanning way outside the channel borders. The horizontal structure to the left helps us determine the potential area of resistance where the upward move can be reversed. I will be watching the price action closely to determine entry points. Guys, like and subscribe to support me! I really appreciate that! Wish you all best of luck in your trading!
Short
by ProSignalsFx
8
DFT Daily Mapping - Last long target for bullish scenarioDaily mapping of the price, we map, not predict in Multi UT analysis ;) Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with green cloud is most likely tested twice before break up. Conv: Trend vs demand/supply -Ascending trends with green cloud doesn't need retest to break up. -Descending trends with red cloud doesn't need retest to break down. red cloud = supply area green cloud = demand area Current idea: The original idea was the retest of the daily MA128 with this anti spread zig zag pattern which was predicted and finally occured... ibb.co After: The point now if the market still want to go north (despite no HH to valid yet a new bull run), is to target the weekly medium term investors MA before retesting new high. Gl
COINBASE:BTCUSDLong
by Mr_Gesier
The DECISIVE point in ETH.The decisive point for ETH is getting close! Maybe we will do another trade here, depending on what the price will do. Last time we bought ETH at U$ 175 (harami above 38.2% fib retracement and above purple trendline), and it reached its main target, the 61.8% fib retracement, the U$ 215. If you missed our previous trade, I'll put my entry analysis bellow, and follow me to keep in touch with our trades and my daily analysis. Now, as I’ve been saying for a few days, ETH is sleeping, and maybe it will wake up in the next days, but for now there’s nothing for us to do. I’m very clear about my trading style with you, I’m a swing trader and I like to surf a whole trend. My trades usually last for days, and I don’t do daytrade. I always try to catch the big move instead of trying to make money from the noises of the market. Now it’s time to wait for a sign, be it bullish or bearish. There’re reasons for the bulls to enter the game, as we can see in the chart the price seems to respect some supports, like the black line or the purple trendline. Let’s look the hourly chart now: The price respected the “support zone” and did a successful double bottom. I said in my last analysis, day traders could’ve made a nice trade here, if you missed my last analysis, the link is bellow too. The only thing that bugs me and make me think that a stronger pullback can come is the low volume from the last few days and the weekly chart. Let’s take a look here: You see, if the bulls don’t react in next few days, the bears can make this fight much more difficult, and the price could easily drop to the U$ 160 again, so the next days will be decisive.
COINBASE:ETHUSD
by Nathan_The_Finance_Hydra
2
TCEHY - A view of an old school trader.As another request, I’ll do an analysis of TCEHY today. Well, we can say that Tencent is doing what was expected to do, after it hit the “resistance zone” is now dropping and it seems it find a bottom at the light blue line in the chart, which is the previous top zone. TCEHY is doing some very precise and technical moves here, and now it did a bullish pattern, a downside tasuki gap, maybe? Or bullish engulf? Don’t know, and don’t matter really. Just be aware, because if it loses this light blue line the stock may face some trouble. Let’s see the hourly chart for some clues: The price lost an upward trendline (blue line), and it’s in a support zone, as it is in the daily chart. The rule here is the same, if it loses that blue line, expect it will seek for the lowers supports. Look at the daily chart again, these supports may be the thin pink line or even that thick red line. Personally, I think there’re more interesting stuff to trade right now, but if you want to buy Tencent, you can, but be aware of the low volume today and most important, the “resistance zone”. Trade well my friends and be safe. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
OTC:TCEHY
by Nathan_The_Finance_Hydra
A SNIPER'S RISK MANAGEMENT TECHNIQUEAs expected, LTC is still struggling in the 38.2% fib retracement zone. We are with some cool profits in LTC, since our last trade was very successful (check the link of our entry point in the end of this analysis). Also, follow me to keep in touch with our trades, and be part of our community, I do daily analysis here, always updating you about what I’m doing. I’m very honest with you, and who follows me knows that I’m keeping some LTC, as I said in previous analysis (also, link bellow), and now it’s doing some interesting moves. I maintain what I said in my previous LTC analysis, I believe there’s nothing to worry here, especially if the price is above that thin blue line (previous top). If you like to improve your analysis, you can look the hourly chart: It seems LTC did a double bottom in a support zone, and that’s good for the bulls! If you like, you can set a stop gain under that red line, and if it loses it, just take your profits. As long the price is above that level, we’re good. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
COINBASE:LTCUSD
by Nathan_The_Finance_Hydra
In the SNIPER'S SIGHTS.So, ETH is doing some nice and very technical moves here. I sold my position in ETH a few days ago, after our last great trade (check it at the end of this analysis), and now I’m waiting for the pullback. Follow me to keep in touch with our trades, I do daily analysis here. We bought ETH near U$ 175 and it reached our main target, U$ 215, which is a fib retracement. It practically touched the purple trendline, but the bulls are strong here, and now it’s back at the U$ 205. I’m still waiting for a real pullback, because I’m still not comfortable with this. In any case, let’s see how the hourly chart is behaving: Now that’s interesting! A double bottom just above a support, with a pullback to the black line (top between the bottoms), that’s classical. I usually don’t like to do fast trades or daytrade, but I’m seriously thinking in buying at least a little right now (maybe ¼ of my regular positions). But I don’t know, that kind of trade just isn’t my style, who follows me know this. I like trades that lasts for days, even weeks sometimes, and catch a big movement. ETH reached our main target and now there’s not much to do. If you are a sniper, like me, you are patiently waiting, no stress and no rush. The risk/reward relationship is not good for any trade right now, be it long or short, and I don’t think it’s worth. There are some opportunities if you are a faster trader, and I wish you luck, but as I said, not my style. I prefer to make few awesome trades that a lot of regular trades, and I trade only when I’m absolutely confidant. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
COINBASE:ETHUSD
by Nathan_The_Finance_Hydra
2
THE SNIPER TRADER STRATEGY.So, BTC is struggling a lot now, as the bulls lack the strength to break the U$ 9.2k and the bears don’t have the strength to sink the prices under U$ 8.6k. BTC was very easy to trade about 2 weeks ago and gave us a fabulous trade recently. We bought it just near the U$ 7k and sold it near U$ 9.2k, a trade that lasted 9 days. If you missed it or want to understand how we did it, I’ll put the link of our entry at the end of this analysis, there, you’ll find the explanation. Also, follow me to keep in touch with our daily analysis, and be part of our community. Now I don’t see a clear and comfortable point to trade BTC, as the daily chart is too stressed in my opinion, and the risk/reward relationship for any trade, be it long or short, is not the best. So, we are still waiting, like true snipers, with no rush, for the next trade. The secret is to be patient. It’s always good to look in the hourly chart for more clues: Here we can see how intense the struggle is. It seems that we have here a descending triangle, theoretically is a continuity pattern, and if you like short trades or are a daytrader, you can work with that. I believe that a greater pullback in the daily chart will only occur if the price loses the U$ 8.6k (red line). Personally, I’m waiting for a pullback in the daily chart, ideally it would be back to U$ 7.5k or back to that purple trend line, but we must have a plan B, and work with the possibility that this pullback may never happen. What we should do if the bulls dominate here? In that case, we still will need a pullback, but in a different scenario, because our main target could be the U$ 20k again. Look at the weekly chart: As I said in my last BTC analysis (BTC at U$ 55k? Is it possible? – link bellow), there’s a real chance that the bulls will destroy this descending channel and change the bearish trend. Pay attention at the volume, it’s different from the last bullish rally, evidenced by the purple rectangle. In that case, BTC will have what it takes to test the U$ 14k top, and probably to break it, if the bulls have the strength, and the only resistance remaining will be the U$ 20k. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
The bears came! But they are still too weak to my taste.Today’s movement was exactly what I expected from a bear reaction, as I said in my last analysis, in case you missed it, here’s the link: Now, although it was expected, I admit that I’m a little disappointed with the bear’s reaction here, I mean, they even couldn’t manage to touch the 21 ema today. SPX lost some immediate support, yes, and that’s an alert for those who are long, but that’s it. I overestimated them, but that's ok. Let’s see the hourly chart: I think we can consider there’s a H&S here, that was triggered through a gap. Now that’s interesting. In the daily chart, the 21 ema is at 2797 right now, and the target for this H&S in the hourly chart is 2792, the same point that served as support in the past, as I evidenced with a black arrow in the chart. So, the 2790 – 2800 zone is a good candidate for a support. Although I’m a little skeptical here (I really wish I could buy it near the 2640), we should stick to the technique. The bulls and the bears should watch out, and tomorrow we will see how this will work out. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
3
BTCUSD - Thank you for this AMAZING trade!Ok, now I’m completely out of BTCUSD, I just sold my remaining position. In case you missed my last call on BTC, you can check it here, and follow me for more updates: Last call: The operation gave as a total profit of 17%. Not bad. I believe BTC might go even higher now, but I’m just trading accordingly to my technique. Just like Livermore said: "There is a time to go long. There is a time to go short. And there is a time to go fishing." I set the stop gain at the hourly chart, if it loses the previous candle’s low, I would sell. Check it here: Also, at the daily chart, BTC just reached that black line, which served as a support in the past (green rectangles) and is close to the U$ 9.2k. I’m out now, just waiting for the next move. Congratulations for those who did catch this trade. Now let’s wait for the next one. Just be patient, like a sniper. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
4
Bitcoin might test lower targetsBitcoin might test lower targets, because buyers consume all gas, and also price is at spot where price has to switched to sellers. After sellers will show how strong they are, we'll decide later if we're gonna stay in this trade. This is multi-timeframe analysis. Short term sell is h1 and lowerest sell is between h1 and h4 based on our strategy. On the other side, if sellers will not push price lower as expected on higher timeframe, then bullish sign might continue, if price will break through resistance, you can follow our previous analysis - expected channel touch. At the moment we're looking for potential sell by following arrows. Important is also H4 closing and M15 momentum flow Elitefxacademy
BITSTAMP:BTCUSD
by EliteFxAcademy