Multitimeframeanalysis
NZDUSD Going Higher once Dollar is showing dowside intention?NZDUSD just swept daily + 4h + 1h liquidity and made a CHoCH in 1H Timeframe.
After the CHoCH, price was corrective to the downside, retesting the previous structure wich can be used as support in a bullish momentum.
Let's see how the price plays out.
EurUsd Nov 24' .. Elections Catalyst?Hey traders, welcome back to another analysis. It's been 2 years and Eurusdmay finnally break out of the range to the downside. I know you are just as excited as I am for a potential squeeze down to 1.03.. However, we must wait for confirmation and maybe a liquidity wick before anything else. Safe trading!
Please leave any feedback below or even a boost to help the channel. Ty, cheers.
-ShrewdCatFx
HAL Swing trading Setup - Descending TriangleChart Analysis:
1. Descending Triangle Pattern:
• The chart shows a descending triangle with lower highs (LHs) forming resistance and a horizontal support zone. This pattern typically indicates a bearish continuation, though an upside breakout can happen.
• The trendline resistance appears well-respected, with a downtrend line pushing prices lower.
2. Resistance Levels:
• There is a resistance zone marked above current price levels.
• Resistance 1 and the trendline serve as a major area where a potential pullback could be seen.
3. Support Levels:
• A clear horizontal support level is visible, which has been tested multiple times, increasing the significance of a potential breakdown.
4. RSI Indicator:
• The RSI shows a downward trend but does not appear to be in oversold territory yet. This implies room for further downward movement but also warrants watching for a potential reversal signal.
Swing Trade Setup:
1. Bearish Scenario (Preferred based on the chart):
• Entry: Consider entering a short position if the price closes below the marked support zone with strong volume.
• Stop Loss: Place a stop loss above the descending trendline resistance to mitigate risk in case of a reversal or fake breakdown.
• Target 1: Use the measured move from the widest part of the triangle to estimate the potential target level for the downside move, aiming for key support levels below (e.g., 3,200-3,000).
• Target 2: If momentum is strong, trailing stops can help capture more of the move downwards.
2.Bullish Reversal Scenario:
• Entry: If the price breaks above the descending trendline with strong volume and closes in the resistance zone, it may invalidate the bearish pattern, indicating potential bullish momentum.
• Stop Loss: Set a stop loss below the breakout candle’s low to avoid potential false breakouts.
• Target 1: Aim for key resistance levels above, including previous swing highs.
• Target 2: Monitor RSI and volume for signs of overbought conditions.
Risk Management:
• Position Sizing: Ensure your position size aligns with your risk tolerance, ideally risking no more than 1-2% of your account balance per trade.
• Monitoring Volume: Increased volume on breakdown or breakout moves strengthens conviction in the trade direction.
• Adapting to Market Conditions: Be prepared to switch to the bullish scenario if the market sentiment shifts unexpectedly.
Caution:
• False breakdowns are possible, especially if volume is low or market sentiment shifts rapidly.
• Keep an eye on broader market trends and sector performance for additional cues on stock direction.
Disclaimer : This analysis is for informational purposes only and does not constitute financial advice or an investment recommendation. Trading in financial markets involves substantial risk, and you should be aware of your risk tolerance and investment objectives. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. The author of this analysis is not responsible for any financial losses you may incur based on the information provided.
GBPUSD Live Week 46 Swing ZonesRecovery in full with extra credit characterized Week 45.
Trading with $200 gives about 10-15 trades using 10-15pips SL.
SZ are calculated based on previous 2 weeks high/low with price action being the key determiner using multi-time frame candles.
dtp: dynamic take profit
SL: stoploss
USOIL 71.85 - 0.35% MULTI-TF SET UP INTRADAY TRADEHELLO TRADERS
Hope everyone is doing great
📌 A look at The US0IL At the close of ASIA INTO THE LONDON, TO NY PM SESSION
- As we draw to the close of the week, looking for USOIL to close bullish.
* on the 4H looking for a bearish open with the close of ASIAN SESSION.
* PO3
* Push LOWER before going for HIGHER structures LQ pull.
1 HOUR TF
* Looking for the mitigation of the bullish OB+.
* FVG below has already been mitigated.
* if this structure holds, looking for long entries to close the week.
* USOIL 30M
- Waiting to trade in discounted price.
- If this happens looking for a push higher into premium.
- Most PDARRAYS are filled below so looking for a bullish close this friday.
* BASED on the price action served next session...
* We will see what does the market dish.
🤷♂️😉🐻📉🐮📈
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
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* ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
How I Rode the Gold Trend Using Multi-Timeframe AnalysisHey Traders! 📈
I want to share an analysis of a recent opportunity on Gold that came up, focusing on using multi-timeframe analysis to spot a reaccumulation pattern.
Market Context:
On the daily timeframe, Gold was showing a retracement. By zooming into the 1H timeframe, I identified what seemed like a reaccumulation (REACC) model—giving a potential entry point to go long in this trending market.
The Entry Setup:
On the 1H TF, after a retrace, the price continued the uptrend with strong structure, confirming a breakout.
I entered long, aligning with the market trend and using a trailing stop to manage the position and capture potential further upside.
Floating PnL:
Right now, the trade is floating around 12RR and still trailing! This is a great example of how multi-timeframe analysis can help uncover high-probability setups.
This educational breakdown is meant to help others see the power of combining market structure and risk management to stay in profitable trades. Hope this helps you spot similar setups in the future! 🚀
Leave a comment if you surfed with this trend too!
HCL Technologies Ltd Daily Chart Analysis
The daily chart of HCL Technologies Ltd illustrates an upward trend with strong support levels and clear resistance areas, showcasing both bullish momentum and potential pullback scenarios.
Key Observations:
1.Trend Analysis: The stock price is in an overall uptrend, consistently making higher highs and higher lows. It is supported by a well-defined ascending trendline and is trading above the 200 EMA, which is a bullish indicator.
2.EMA Levels: The 13, 48, and 200 EMAs are aligned in a bullish configuration, indicating continued strength. The price’s proximity to the EMAs will be a key indicator of short-term trends.
3.Volume Behavior: There is a healthy volume trend with spikes during up moves, suggesting interest and accumulation during bullish days.
4.Resistance and Support Zones:
• Resistance: The resistance zone around ₹1,888.50 - ₹1,889.30 represents a key hurdle. A sustained move above this level, accompanied by strong volume, could confirm a bullish breakout and indicate further upside potential.
• Support: The primary support level lies around ₹1,719.00. A breakdown below this level could lead to a more significant pullback, possibly retesting previous lows or consolidating around the 200 EMA.
5.RSI Indicator: The RSI is currently around 55.27, indicating mild bullish momentum without being overbought. An upward move in the RSI beyond 60 could further validate any price strength and potential for breakout scenarios.
Potential Scenarios:
• Bullish Scenario: A breakout above the ₹1,889 resistance zone with strong volume could propel the stock higher, targeting further resistance levels around ₹2,000 and beyond.
• Bearish Scenario: If the price is unable to break above resistance and reverses, it may test support around ₹1,719. A breakdown below this level could signal a potential trend reversal or consolidation phase.
Impact of Macro Events (e.g., US Elections):
The outcome of significant macroeconomic events, such as the US elections, could influence IT sector stocks, including HCL Technologies. Favorable policies, market stability, and global business sentiment may drive higher demand for IT services and lead to a bullish impact. Conversely, any policy uncertainty, geopolitical tensions, or economic disruptions could lead to increased volatility, potentially affecting the stock’s upward momentum.
Summary: HCL Technologies is currently at a key resistance level. A breakout above ₹1,889 may signal further bullishness, while a rejection and breakdown below ₹1,719 could prompt caution. Traders should watch volume and price action closely, along with any macroeconomic news that might impact the broader market sentiment.
Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making any trading or investment decisions.
Central Depository Services (I) Long positionCentral Depository Services (I) Ltd Daily Chart Analysis
This daily chart of Central Depository Services (I) Ltd (CDSL) reveals key market movements and a clear ascending trendline support that has provided a strong base for the stock’s recent upward movement.
Key Observations:
1.Ascending Triangle Pattern: The chart shows an ascending triangle pattern, characterized by higher lows connecting through a rising trendline and a relatively horizontal resistance zone near ₹1,660.20 - ₹1,664.40. This pattern typically suggests a continuation of the existing uptrend with a potential breakout.
2.EMA Levels: The stock price is above the 13, 48, and 200 EMA levels, which supports the bullish sentiment. The moving averages act as a dynamic support zone, indicating strong buying momentum.
3.Volume Trends: The volume shows periodic spikes, suggesting accumulation. A volume surge during an upward breakout above ₹1,660 - ₹1,664 could confirm the strength of the breakout.
4.Resistance and Support Zones:
• Resistance: The key resistance levels to watch are around ₹1,660.20 and ₹1,664.40. If the price breaks out above these levels with strong volume, it could lead to a significant upward move.
• Support: The immediate support level lies at ₹1,560.55, aligned with the ascending triangle’s support trendline. A break below this level may result in a corrective phase or consolidation around ₹1,486.65.
5.RSI Indicator: The RSI is around 58.93, indicating bullish momentum but not yet in overbought territory. A move above 60 would further strengthen the bullish sentiment.
Potential Scenarios:
• Bullish Scenario: A sustained breakout above ₹1,664 with strong volume may push the stock toward higher resistance zones, potentially targeting ₹1,750 and beyond.
• Bearish Scenario: A failure to break above the resistance levels and a drop below ₹1,560 could lead to a pullback toward the support levels around ₹1,486.
Impact of US Elections:
The outcome of the US elections can influence global market sentiments, including Indian equities. A favorable or market-friendly outcome (e.g., policies encouraging global trade, fiscal stimulus, or economic stability) could trigger bullish momentum in international markets, including CDSL, especially if investor sentiment turns risk-on. Conversely, market uncertainties or potential negative impacts on global trade and investments could weigh down sentiment, causing increased volatility and possibly stalling upward momentum for stocks like CDSL.
Summary: CDSL is currently showing a bullish pattern with an ascending triangle. The upcoming breakout or rejection from the resistance levels will likely set the direction for the stock. Traders should monitor volume, price action, and global macroeconomic influences, including the US election outcomes, to gauge market sentiment accurately.
Disclaimer: This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making any trading or investment decisions.
Multi-Timeframe Insights and Potential Reversal Points!OANDA:XAUUSD
Multi-Timeframe Analysis (2Hr - 4Hr)
1st - Falling Wedge (2Hr)
2nd - Head and Shoulders (4Hr)
3rd - Bearish Divergence (Daily)
4th - Extreme Overbought (Weekly)
1 - Falling Wedge Pattern (2-Hour Chart)
On the 2-hour chart, we identified a falling wedge pattern suggesting potential price movements. Initially, the price may decline from the breakout line, potentially reaching the 2724 - 2714 range. After reaching this level, we expect a bounce towards 2754 - 2762.
If the price falls from the breakout line and reaches 2714 - 2724, it’s important to closely monitor the 4/8 Murray Math Level (MML) at 2734 during the bounce, as this Major Resistance level could cause a decline.
Falling Wedge Target: 2783
However, around 2754 - 2762, prices may face resistance as the Head and Shoulders pattern completes, potentially signaling a reversal point.
2nd - Head and Shoulders Pattern (4-Hour Chart)
On the 4-hour chart, the left shoulder and head have completed, with the right shoulder partially formed. After the right shoulder completes, we anticipate a potential drop towards the neckline, which lies between 2724 - 2714. Should this level break, the Head and Shoulders pattern projects targets at 2675 and further down at 2656.
3rd - Bearish Divergence (Daily Chart)
Daily chart analysis reveals a bearish divergence, signaling a possible downside. Bearish divergences often indicate weakening momentum and could precede price declines.
4th - Extreme Overbought Zone (Weekly Chart)
On the weekly chart, prices are currently in the extreme overbought zone, which historically hints at a likely correction. Traders should watch for signs of price weakness at these elevated levels.
Key Levels to Watch;
Resistance:
• 2783
• 2773
• 2762
• 2754
Support:
• 2734
• 2724
• 2714
Price Targets;
Falling Wedge Price Targets:
• 2783, 2754, 2762
Head and Shoulders Price Targets:
• 2734, 2724, 2714, 2675, 2656
⚠️ Note: This analysis is intended for informational purposes only. Please use appropriate risk management.
Happy Trading! 🚀
XAUUSD 2738 +0.08% SHORT IDEA PRICE ACTION MULTI TF ANALYSIS HELLO TRADERS
Hope everyone is doing great
📌 A look at GOLD from HTF - MULTI TIME-FRAME ANALYSIS
GOLD DAILY TF
* Still in a strong bullish momentum, with Friday coming with some signs of bearish sentiment.
* The weekly & daily TF show signs of bullish continuation on Gold.
* As Gold took internal range LQ, looking for that external range LQ to be taken.
* Friday closed leaving a FVG- This is where I would be looking for long entries.
* With PO3 looking to open bullish to confirm a move lower on GOLD.
GOLD 4H TF
* Looking for the week to open bullish because our HTF BIAS is BULLISH (PO3) .
* WEEK open I will probably be looking for short positions before looking long.
* We will see what does the market dish.
* On the hourly ERL > IRL.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,BOOST & LETS TAKES SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT SOPPORT BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USOIL 71.07 +2.57% SHORT IDEA MULTI-TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS
USOIL DAILY TF
* Last week saw a bearish close with the weekly FVG holding & beautifully rejecting, looking for a retest of this PD ARRAY before continuation down.
* The sentiment is still strongly bearish for OIL from HIGHER TF perspective.
* The weekly & daily TF show we are still trading in a range on a bearish trend towards that ERL.
* The picture is clearer with strong bearish moves from the daily, looking for some retracement.
* some volume imbalance left behind on lower TF might confirm this move.
* possibly to be filled before we take that ERL.
USOIL 4H
As we head lower we see some bearish potential for some retracement.
* With the week to opening Bearish (PO3) could see bearish move into the VI.
* sentiment the same on the hourly tf.
* This rally with the bulls & strong momentum to the down side could see some reversal.
looking for some signs of this on todays price action.
* LETS SEE HOW THE MARKET DISHES
🤷♂️😉🐻🐮
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
|
* ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
US100 20046.9 0.02% LONG IDEA INTRADAY SET-UPHELLO TRADERS
Hope everyone is doing great
📌 A look at NAS100 from MULTI TIME-FRAME ANALYSIS
From the 4H TF
* we swept Lows , which was the short term low within the range.
* Beautiful rejection forming a wick favoring bullish move.
* So seems we may see a reversal before continuation with the bears.
US100 1H TF
* Strong bearish rejection, multiple wick rejection.
* 1H looking for a push into the +OB ✔ to BUY intraday
.
US100 15 TF
* Multiple rejection of bearish move.
* Looking at the 1H +OB, this is where I would look for LONGS as we are rejecting downside.
* Should this PD ARRAY hold will be Short for the US100.
* BASED on the price action served this week.
US100 5M
- ASIA HIGHS - EQ HIGHS
- DAILY OPEN - TRADING BELOW
-TRUE DAILY OPEN - TRADING BELOW
- LONDON LOWS ✔
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
KPGEL Diwali Pick 2024Stock Analysis and Trade Setup
This chart shows the stock breaking out of a long-term downward channel, suggesting a potential trend reversal:
• Bullish Setup : The price has broken above the descending channel, indicating bullish momentum. A strong consolidation above the support level around 631.1 could confirm this breakout. If the price maintains this upward trend, the next resistance at 716.75 would be the primary target, followed by further gains if momentum persists.
• Bearish Scenario : If the price fails to hold above 631.1, there could be a retest of lower levels. Watch for a potential short entry below the key support level at 525.9, as a breakdown could signal a continuation of the downtrend.
The RSI indicates room for further upside, and increasing volume supports the bullish breakout. Monitor these levels closely for entry and exit signals.
Disclaimer: This analysis is for educational purposes only. Please conduct your own research before making any trading decisions.
Tata Consumer - How the Crash was Predictable Despite ResultsTata Consumer Products - Monthly Vs Weekly Comparison
1. On Monthly - the price formed Double Top pattern at 1,235 level on Sep 2024 and started falling 1.5 months ago. The Neckline is 1,017 level and when it breaks below - it will go down to 865, 698 levels
2. On Weekly - the price once again formed Double Top pattern at 1,222 level on 16th Sep and started falling for 5 Weeks already before today and has a target of 1,017 (which COMPLETED today)
One basic / Logical Question - When the price forms Bearish Patterns back-to-back on Multiple Timeframe Charts - How do you even expect the Results (Positive or Negative) to come and save it ????
And Watch today (Oct 21) - the price opened Gap Down - right below the Monthly Double Top Pattern's Neckline (at Candle Body Level) at 1,047 and took the hard Resistance and fell down -8.5% Intraday
But despite the fall - what saved it from Crashing further to LC or ending below -8% ? the same Monthly Pattern's Double Top Neckline (at Wick Level - 1,017)
Now the price is sandwiched between Wick & Candle Levels of Double Top Neckline
Now - Let's review the same situation from a different Source of Truth. A Comparison of Nifty_Tata_25 Index, Nifty FMCG Index
1. Nifty_Tata_25 index is going thru a Falling Parallel Channel and it ended up right below Resistance yesterday. So Obviously TATA Stocks were set to fall today - but Which one of those ? Today there were multiple Tata Stocks disclosing their Quarterly Results. Some Strong, Some Good, Some Weak - but net result the overall Tata Group stock had to go down - That's the destiny
2. Nifty FMCG Index - the price is again going thru Falling Parallel Channel since Sep 26 and today it opened right at the support level of 60,840 and within few mins it crashed below.
Now that FMCG sector is crashing and Nifty_Tata_25 Index has to Fall - which of the 22 Tata Group stocks will take the Brunt of the Fall ???? - Simple - One and Only Tata Consumer Products
Todays' Tata Group Performance
1. Tejasnet +11%
2. Tata Chemicals +9%
3. Tata Investment +3.3%
4. IHCL (Hotels) +3%
These are the best performers today - and all 4 belong to 4 different sectors. Now let's look at the worst performers of Tata Group
1. Tata Consumer -7%
2. TRF -4.2%
3. Rallis -3.5%
4. Voltas -2.5%
Again - these 4 also belong to 4 different sectors and these 4 sectors are different from the best performing 4 sectors.
So, When Tata Group Index HAD TO FALL - its Obvious that Tata Consumer is the Only One to Take the Worst Hit Logically. Makes Sense ????
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Now Next Steps.
1. Nifty Tata Index - ended right at support level
2. Tata Consumer - took support of the Falling Parallel Channel bottom and bounced from -8.5% to -7% (Blue Arrow)
So, its clear that Tata Consumer will Rise tomorrow.....But the rise would NOT be enough for Bullish Reversal - Why ? read below
As you can see on the Weekly Chart, the Double Top on Weekly's target is already achieved and hence the fall stopped temporarily, but the target of Monthly Double Top is 865 and 698.
So, tomorrow when the price rises, it would take a resistance from 1,050 levels again and go sideways for few days and then fall below to 865
Read the Blue Path which explains the extrapolated path it would take to fall down to 865 and even to 698 if needed
ALGOUSD LONGMonthly Bullish break and close and pullback completed
Weekly Bullish break and close and pullback completed
Daily Bullish break and close and pullback completed
I now forecast Bullish upwards momentum, If this does not take place, Expect complete failure and price to stab through the Lows.
I for one am Certainly Bullish ALGO
ETH - The Bullish & Bearish CaseToday we take a look at ETH and lay out a variety of trade ideas.
MONTHLY: From the Monthly perspective, ETH remains very Bullish. Essentially, going long ETH anywhere at or below the low of the Monthly MAC is a legitimate spot to buy. The target based on the Monthly chart is around 3,400 (approximately 30% above current price level). From an investment perspective, this is a great area to go long ETH.
WEEKLY: From the Weekly perspective, ETH remains Bearish, as we have not had a confirmed bullish trend change. Right now, ETH is trading at the Weekly MAC high, which is a legitimate place to look for new short entries, or to take profits from any longs taken at recent weekly lows. There is currently H6 bearish divergence setup, but not triggered. If it triggers, I will be shorting ETH to a target of the Weekly MAC low (2,337).
DAILY: From the Daily perspective, ETH remains Bearish. However, we are getting a potential bullish trend change (but not triggered/confirmed). There is H1 bearish divergence setting up right now, and if it triggers, the short trade target would be the Daily MAC low at 2,421.
As you can see, if you are an investor, the current price levels are reasonable areas to load up to the long side. However, the Weekly and Daily are still bearish until bullish confirmation. Daily is in the process of confirming bullish, but not yet. Day trades and shorter term swing trades to the short side are still valid.
Have a great week.
Elevating Trend Analysis: Using Multiple Timeframes for Maximum In the fast-paced world of trading, everyone’s looking for that edge—the strategy that gives you a clear view of where the market is heading and helps you make smarter decisions.
Many traders rely on tried-and-true methods like moving average crossovers within the same timeframe, such as the 50-day and 200-day moving averages.
However, there’s a more nuanced technique you can leverage: combining different timeframes but covering the same period to measure market momentum with even greater precision.
Let’s break down why this works so effectively, how you can use this technique, and why integrating it with my F!72 10MA Multi-TimeFrame Indicator will supercharge your trading performance. 🔥
Why Use Different Timeframes for the Same Period? 🤔
Most traders focus on moving averages in a single timeframe, but there’s a lot to gain by thinking outside the box.
The idea here is use a weekly EMA8 and a daily EMA56 or SMA56 is that both cover the same number of days (56 days in total) , but they react differently to price movements . Here’s why this can be powerful:
EMA8 Weekly: Since this is a short-term weekly exponential moving average, it smooths out some of the volatility by giving more weight to recent price action. It offers a medium-term view of the market, reacting to the most recent movements while still considering a reasonable time window of 8 weeks (or 56 days).
EMA56 Daily: This gives you a more responsive daily view of the same 56-day period. The daily chart reacts more quickly to price changes, especially in a volatile market, allowing you to catch short-term fluctuations while maintaining the broader context.
SMA56 Daily:
Being a simple moving average, it smooths out price data even further, making it less sensitive to day-to-day noise. This provides a stable reference point to compare against more dynamic averages like the EMA8 and EMA56.
How It All Comes Together: Understanding the Market’s True Momentum 🌊
The magic happens when you compare these different moving averages:
EMA8 (weekly) vs. EMA56 (daily):
If the EMA8 weekly is trending above the EMA56 daily, it’s a sign of consistent upward momentum across both short-term and medium-term perspectives. However, if the EMA8 crosses below the EMA56, it suggests that the market is starting to lose strength, potentially signaling a reversal or correction.
EMA8 (weekly) vs. SMA56 (daily):
Comparing the exponential weekly average to the simple daily average helps you identify sustained trends. The SMA is slower to react, so if the EMA8 weekly is trending above the SMA56 daily, it indicates recent upward pressure. But if the EMA8 drops below the SMA56, it might be a signal that the recent price action isn’t strong enough to sustain the uptrend.
Real-World Example 📉🔄
Let’s say you’re analyzing Bitcoin, and you notice the following:
The EMA8 weekly is moving slightly below the EMA56 daily, indicating potential weakness in the broader trend.
At the same time, the EMA8 weekly is still above the SMA56 daily, meaning that while there is some short-term volatility, the longer-term bullish trend might still have legs.
This subtle interplay between the moving averages can provide valuable insights. Instead of waiting for a massive correction or reversal, you’re able to fine-tune your entries and exits based on these small shifts in momentum. Timing becomes everything, and this method helps you stay ahead of the curve.
Boost Your Analysis with the F!72 10MA Multi-TimeFrame Indicator 🧠🚀
To make this technique easier and more accessible, I highly recommend integrating my F!72 10MA Multi-TimeFrame Indicator . Here's why it will change your game:
📈 Multi-Timeframe Analysis:
You can overlay multiple timeframes directly onto your chart, so you don’t have to switch back and forth between charts to compare trends.
🎯 Customizable Periods:
Adjust the moving average settings (like EMA8, EMA56, and SMA56) directly within the indicator, tailoring it to fit your unique strategy.
🔍 Clearer Trends:
The indicator helps you visualize crossovers and divergences in real-time, giving you a clearer picture of whether momentum is shifting up or down.
🔄 Multiple Applications:
Whether you're day trading, swing trading, or managing long-term investments, this tool adapts to any trading style and enhances the effectiveness of multi-timeframe analysis.
A New Way to See the Market 🔥📊
The strategy of comparing EMA8 weekly with EMA56 daily and SMA56 daily gives traders a powerful new lens through which to understand the true strength of trends. While most strategies rely on same-timeframe crossovers, this method takes it a step further by integrating different resolutions of the same period, allowing you to see subtle shifts in momentum before the broader market notices them.
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Why I'm Going Short on USDCAD: Analyzing Market ConditionsKey Reasons for a Bearish Outlook
1. Economic Differences: The U.S. economy is doing well, showing strong growth, while Canada’s economy is struggling. This usually strengthens the U.S. dollar against the Canadian dollar.
2. Oil Prices: Canada’s currency is closely tied to oil prices. If oil prices stabilize or drop, it could weaken the Canadian dollar further, especially since Canada’s economy isn’t performing well.
3. Central Bank Policies: The U.S. Federal Reserve might lower interest rates, which could attract more investment into the U.S. dollar. Meanwhile, the Bank of Canada is likely to stay cautious due to weak economic data.
Given these factors, I believe there’s a good chance for USDCAD to move lower. I’ll be using probabilities to guide my short positions and manage risk effectively.
Feel free to share your thoughts and ideas in the comments below!
12M:
On the 12M timeframe, there is insufficient data available. Therefore, we will move to lower monthly timeframes to identify a valid range and look for FB mitigation.
1M:
1D:
1H:
US100 1.31212 -1.09% SHORT IDEA INTRADAY MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at NAS100 from MULTI TIME-FRAME ANALYSIS
From the 4H TF
* we swept Thursday highs, which was the short term high within the range.
* Beautiful rejection forming a wick favouring bearish move.
* So seems we may see a reversal before continuation with the bulls.
US100 1H TF
* Strong bearish rejection.
* 1H looking for a push into the - FVG (po3) ✔ to sell intraday
.
US100 15 TF
* Multiple rejection of bullish move.
* Looking at the 1H -fvg, this is where I would look for short as we are rejecting upside.
* Should this PD ARRAY hold will be Short for the US100.
* BASED on the price action served this week.
- ASIA HIGHS
- DAILY OPEN
-TRUE DAILY OPEN
- LONDON HIGHS
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
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ALWAYS APPRECIATED
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Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!