NZDUSD creating a new IMPULSEHello traders, here we can see how NZDUSD is slowly correcting after a strong impulse, preparing for another one. We can observe that the previous resistance has now became support, and the price is testing the zone for the second time now. From here, if the price will manage to break above the 4H resistance, after the retest of the zone we can expect a move higher, creating another impulse. The EMAs and MACD show confluence as well, but only after the break we can react, as trading is about reacting not predicting:) Let's see what happens next!
Multipletimeframe
Learn How to Apply Multiple Time Frame Analysis
Hey traders,
In this article, we will discuss Multiple Time Frame Analysis.
I will teach you how to apply different time frames and will share with you some useful tips.
Firstly, let's briefly define the classification of time frames that we will discuss:
There are 3 main categories of time frames:
1️⃣Higher time frames
2️⃣Trading time frames
3️⃣Lower time frames
1️⃣Higher time frames are used for identification of the market trend and global picture. Weekly and daily time frames belong to this category.
The analysis of these time frames is the most important.
On these time frames, we make predictions and forecast the future direction of the market with trend analysis and we identify the levels, the areas from where we will trade our predictions with structure analysis.
2️⃣Trading time frames are the time frames where the positions are opened. The analysis of these time frames initiates only after the market reaches the underlined trading levels, the areas on higher time frames.
My trading time frames are 4h/1h. There I am looking for a confirmation of the strength of the structures that I spotted on higher time frames. There are multiple ways to confirm that. My confirmations are the reversal price action patterns.
Once the confirmation is spotted, the position is opened.
3️⃣Lower time frames are 30/15 minutes charts. Even though these time frames are NOT applied for trading, occasionally they provide some extra clues. Also, these time frames can be applied by riskier traders for opening trading positions before the confirmation is spotted on trading time frames.
Learn to apply these 3 categories of time frames in a combination. Start your analysis with the highest time frame and steadily go lower, identifying more and more clues.
You will be impressed how efficient that strategy is.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
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
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:
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Bearish orderflowHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
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.
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.
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.
How To Use Higher Time Frames To Swing TradeIf you struggle with what timeframes to analyze longer movements before entering trades, this video is for you.
I personally struggled with multiple timeframe analysis. I thought I had to use every timeframe to enter a trade. It wasn't until I got clear on the type of trader I was and stuck to two timeframes at a time is when the market began to become more clear to me. If you can relate this video is for you.
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.
Learning From My Wins and LossesI had a beautiful win on GBPJPY and another loser on AUDUSD. Trading these pairs together is teaching me so much, but the biggest lesson so far is to continue to trade what I see and focus on my trend cycles. Don't know what a trend cycle is? I explain it in this video.
This May Stop Me OutAUDUSD was almost to my second TP until price reversed on the 1 hour timeframe. When I went to look at the DXY I realized why. There may have been some type of fundamentals thats caused the dollar to be bearish this morning.
Well, if I'm stopped out I'll show you what I'm doing next next in this video.
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!
AWC is "On Time" for a move upThis one to me looks great on multiple timeframes with technical's and price indicating evidence of bottoming with another move higher.
Short term conditions -
Long term conditions -
My stop is 1 ATR below the .618 level and target is 2.20which represents a very good risk to reward ratio of 1:5 at current levels.
EURJPY MonthlyJudging from the monthly it seems that EURJPY will be more in favor of bullish, this is supported by H4 which has breakout in the resistance zone, and will make it possible for resistance to turn into support and create a new Higher low.
Confirmation = big bullish at Weekly and H4 breakout
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
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!
ETH price prediction 04/12/21ETH Price Prediction Through Parallel Channels According to my game plan, ETH is quite likely to bounce off these limits, dropping to almost 3,500 by December 3 and then recovering to 3,800 on December 5. Keep in mind that I may be wrong, so you must follow your own criteria when trading.