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Multipletimeframe

Multiple Timeframe AnalysisWhen traders ask "what was your light-bulb moment in trading", I often say 2 things: 1) stop worrying about what other traders are doing and focus on yourself making sure you are consistent with the trading strategy as that's how you will get consistent results. 2) understanding multiple timeframe analysis. Once I started focusing on myself and was consistent with my trading, I was able to review my journaled trading results and noticed by best trade setups happened when price has multiple timeframe correlations with both my enter timeframe and higher timeframe. The main purpose of the higher timeframe is to help me determine if I should be looking for buys, sells, or staying out of the market. The 2nd purpose of the higher timeframe is to determine the trend. Multiple timeframe analysis can be used on all trading strategies whether you trade supply and demand, support and resistance, chart patterns, or use trading indicators. All we are trying to do is determine whether we should be looking for buys, or sells as this will help us increase the probability of our trade. See Chart For Analysis. I also have a full break-down on my youtube: Moneyball Austin
XEducation
by MoneyballAustin
BTCUSDT - Comparing Fractals : Back to Distribution?Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 Fractals as chart patterns can be especially helpful to identify trends, and possibly speculate the next direction of the price. By looking through the last parts of the bull run back in 2021 on the Bitcoin chart in the 3D timeframe, I noticed that there is a corresponding pattern currently playing out in the 1D timeframe. For ease of reference, I used a multiple timeframe analysis and placed the two charts next to each other. Can you see it? A closer look at this pattern reveals 3 Tops, the last two tops forms an M-Pattern after which there is a drop, a period of sideways trading... and then another hard drop. This could possibly point to another Distribution phase forming, meaning we can expect liquidity (dollars) to flow out of BTCUSD and into other assets. This could be hard to determine - either more stable commodities like Gold and Silver, or even micro cap altcoins. During this all, it is to be anticipated that Bitcoin will be sold and that money (mostly dollars) will appear somewhere else in the market. If you want to know a little bit more about my current view on the DXY and the Euro, check out this idea where I discuss the correlation between BTC and the DXY: _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
26
CADCHF Forecast - High RR, High probability ScenariosMonthly & Weekly level cluster, strong weekly rejection closes and 4h structure breaking to the upside. Already in one position from the low, ideally waiting for a retrace to into the zone marked, or potentially a little lower before anticipating upside. It's possible we don't abide by either of these scenarios and go down once more before a move up, but there's a very high probability of price going higher. Fundamental catalysts can influence this but as always, we want to keep our minds clear and not fill it with too much information, otherwise we'll become emotional and make silly decisions. Remember, as with any forecast things can change and the most important thing is to stay reactive - never marry a prediction. Behaviour always comes first.
Long
by sampsych
2
GBPNZD Market StructureHey Traders, Looking at GBPNZD, we've had a double break of structure here on the one hour chart with both impulse moves being very solid as money floods into the pound against the New Zealand dollar. Looking to see if we can pull back into the green demand area which I've drawn out. If we can pull back into this area and the chart starts to give me an idea that we are going to start heading higher (things like a break of structure on the five minute chart or trendline break a couple of indicators indicating that we're going to start heading higher) I'm going to look to start building a position around this demand area and moving it back up into the next two supply zones, which I've drawn out. Ideally I want to head to the top supply zone, but we may not make it that far depending on how we react off of this next area. Overall, I was looking for a bullish New Zealand dollar, which obviously meant a bearish bias on this chart long term, however given the whole reason I was looking for a bullish New Zealand dollar was because the Aussie dollar has shown a lot of strength and it usually coincides. We have seen a bit of difference and with the pound starting to pump in a little bit after being such a weak valued currency, I think we could start seeing the potential to move higher, especially on these lower time frames. Let me know what your analysis on this pair and if you think this is going to play out. I'll update you as we move closer into this area in a few hours to have a discussion about where I truly think at the entry points will be or whether or not we'll leave the trade alone.
Long
by the5erstrading
NATGAS/USD Daily Timeframe Price action AnalysisOANDA:NATGASUSD Hello Traders, Here is my Daily timeframe price action analysis. After reaching a 12 year high in October 2021 of 6.409 , the price trended downwards to the current yearly low and key level of 3.6 , which was respected multiple times throughout 2021. We see a turn around in the daily trend at the key level of 3.6 and have been trending upwards since. Please note the key level from 4.65 to 4.75 , which again, was respected multiple times in 2021, currently the price is vibrating around this level and has been doing so since 16th Feb 2022. 4 hourly timeframe analysis alongside potential position entries to follow this evening. Please leave a comment and let me know what you like/dislike or agree/disagree with.
OANDA:NATGASUSD
by jslcox
JICPT| EURJPY bearish daily setup on supplyHello everyone. Happy Chinese New year! I've just been back home from a family trip. I came out the bearish setup on the following reason: Weekly: Bullish flag pattern indicates that price might have a pullback for the arrival/violation of the upper boundary line(132.40-133.40). Daily: After big bullish bars, buyers may be exhausted. In addition, I refined the zone on the daily to reduce the wide space given by the weekly chart. The below solid space is around 125-126way down by apply anchored vwap or ema. Trigger: set the alerts to watch the price action then. What do you think? Give me a like if you're with me. Thank you for your support.
Short
by JICPT
EURUSD - WEEKLY-TEST TREND @1.118 [PIN] It is early morning now - And, I have been looking at the USDs Everyone loves a USD trade - Surely, the EURUSD is the most traded, right? After reviewing my EURUSD chart - I found this... And, the Monthly, as always.... A Bearish Trendline in place since 2008 The Break-Out & a quick retest happened @the back-end of 2020 Any Buyers on the lower timeframes will have profited from this - Hope you was one? Either way - The market pushed up, but the last several months has proceeded to drop ... ... Current Day - The aforementioned Trendline is still in place and the market tested this again in November Closing out the month of December with a Bullish Pin-Bar And now - The Weekly Timeframe - It pretty much matches the Monthly and the aforementioned Analysis This makes life a whole lot easier ... .... Let's visit the Daily ... Identifying a Descending Wedge - But, its a tight affair We have a Range of about 300 pips - But, them CS' are looking averagely sized ... ... Personally, A break above the 1.149 Resistance would present Buy Opportunities If you are a risky trader - Have a look at the H4 for an early entry for a Buy - Bearish Trendline @Resistance ... Alternatively, The shorts may be found below - With a close below the 1.118 and a re-test of the confluence of this level - ah? Lets see people... Either way - Its on the radar If you have taken your time to review my Technical Analysis - I praise you!
by fxhole_
NZDCAD Full Breakdown Analysis (Short Bias) Disclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :). Hopefully your trading week is going good and hopefully you got a chance to take a look at my last post on my full analysis on EURUSD as well. Like I mentioned in the last post, I am going to be posting a full breakdown starting from the weekly and going all the way down to the hourly time frame where we will be placing a trade if we do end up taking one. So lets get right into it, if you enjoy please follow since I will be posting a lot of analysis in the future that may be good input. Weekly Analysis: As you can see price was stuck in a range this whole year basically, but recently we got a rejection to the top black line "Resistance" and left 3 candles with big wicks all rejecting this zone. This just shows me that there price is having a hard time breaking this zone and this also shows that there is not much remaining momentum to the upside. After these rejecting candles to the upside we are followed with a very big bearish candle closing well below the recent lows which is followed by two more bearish candles. If price is able to break out of this zone with a big candle and maybe some rejection under that support line to turn it into a possible resistance area, if this happens we could see a big continuation to the downside with a lot of momentum. Daily Analysis: So taking a closer look at this pair even on just the daily you can see a lot more wicks to the top black line "Resistance" which means price tried to break this zone multiple times but failed multiple times which leads me to think there is not enough buyers to push past this zone. Even on the push down we can see multiple bearish candles and we can even see one pullback within this move but it only halted price for a few days then continued to drop. We can see that price is beginning to break this bottom support zone which may lead to a big long term move. To get into a trade like this you would need to have patience and more confirmation on lower time frames. Hourly Analysis: Now looking even further into this, we can see a little pullback that we had at the beginning of the trading week on Monday. Price has already rejected this support zone as a resistance zone but price seemed to make a good move past these recent highs pushing closer towards the actual zone itself. We would need to see a close below the recent lows that were created during the recent pullback, another thing that would be helpful is to see a few good sized bearish candles confirming there is momentum. You do not want to enter a trade when there is no volatility then your kind of just stuck waiting for something to happen and that is where your emotions really get you. Risk Management: On all of my analysis although I may mention that I am going to take a trade does not mean you have to take this trade or even agree with me in general. Every single person will have a different point of view on the markets and some things may work for one person that may not work for another. I always risk 0.50-1.00% of my total capital on every trade, of course I am not going to be making insane profits but I am in this for the long term and hope to build my wealth in the long term. Like I said everyone has their own ideas so you can always determine what amount you want to risk or what works with your system, I would suggest starting with 1% but I am not a financial advisor so you do what you want. Thanks again, KeySlot
Short
by KeySlot
4
Why Multiple Time Frame Analysis is important!Even tough yesterday was a crazy day for the crypto markets, it is nothing abnormal, bitcoin crashes an average of 20% quite frequently, we believe that the bull market in Crypto should remain intact after what happened on Friday and in this post we want to help out the day traders on tradingview by shedding light on Multiple Time Frame Analysis. As you will notice in the below chart, if you only knew the key levels on ETHUSD's 1D chart and had a vital trading skill, patience, you could have day traded the 5M chart quite successfully. We will get into the 5m chart in the comments below, for now just a quick analysis of the 1D chart of Ethereum: As you can see to the left, we had a strong resistance which formed in early September this year, not that long ago, from that resistance ETHUSD crashed a solid 33%, or better said, corrected in a BULL TREND! After that resistance was broken on the 20th of October, it then because a support, a support we used 5 times so far since the 20th of October, with yesterday the 6th time, and if it continues to hold there is a very solid chance we are going to attempt a breakout of the current ATH's. We have also enclosed a related video we released not to long ago which might help those of you who prefer to listen rather than read!
BITSTAMP:ETHUSDLong
by PrimedGroup
1
HOW-TO: NZDCHF Full Trade Analysis & Strategy ApproachFor those of you trading NZDCHF, do you also get “confirmation” from higher time frames when deciding to go short or long? Yes, that is one of the things I factor into my NZDCHF analysis - and so should you. “Higher Time Frames” reveals how the price of a currency pair ( NZD CHF in this case ) fluctuates from within an hour or up to a day - providing you with additional data for your NZDCHF technical analysis - and time to plan your best course of action. The result - you will never be trading NZDCHF today, tomorrow, next week blind - ever again! By watching my trading NZDCHF video breakdown, I hope that it will not only help you create a more accurate NZD CHF market analysis - but learn to integrate time frames as part of your forex trading strategy: and analysis in general. Watch my NZDCHF market analysis trading video right to the end, and leave a message if there’s anything you want to ask about the trade or my trading process. Go watch how I did it, so you can replicate it!
Short
by Kumar_Kaushal
HOW-TO: My Trading Approach On GBPNZD With Full Trade AnalysisFX:GBPNZD I was doing an GBPNZD trade one morning and came across a formation that I knew would earn me a decent amount of points - and one that would make a great GBPNZD analysis video for the trading community. This GBPNZD trade analysis video mainly revolves around the use of Fibonacci, Regression Lines and Bear Flag formations. But I guess the most important talking point in this video is how said formations convinced me to go short for this trade. With that said, let me ask you a question. Is your GBPNZD trading strategy at a point where you are able to make minute adjustments that can lead to big wins? More importantly, do you currently have the trading knowledge to identify said formations and signals? Anyway, watch my GBPNZD trading analysis video right to the end, and leave a message if there’s anything you want to ask. Thank You Kumar Kaushal
Short
by Kumar_Kaushal
multiple timeframe analysis AUD/USDAs can be seen in the 15-minute timeframe, a new bearish trend has taken shape, with a large bearish candlestick created as the idea was typed. 1- But the following figure is in the daily time interval that shows the long-term trend of the chart 2- The following figure is in the time interval of 10 hours, which shows the strength of the bearish resistance line. 3- The following figure in a period of 4 hours, in addition to showing the number of collisions with the trend line, has also compared the reactions after the collision. 4- The following figure shows us the creation of a double top pattern in a period of 1 hour. Also the short-term uptrend line that has been broken
Short
by mohamadrezaKhorsand