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Multitimeframeanalysis

XAU/USD: a detailed chart breakdown and the next targetFirstly, taking a look at the WEEKLY timeframe chart, we can clearly observe how the price has reached a key level of resistance that lines up with the upper boundary of the descending channel plotted on the graph. At the same time, the same level aligns with the 0.618 Fibonacci retracement level. Zooming into lower timeframe charts, we can add extra confluences and identify how the price is forming a nice top around the local zone. With our Stop Loss level above the freshly formed top and the Target Profit at the zone of support shown on the graph, we look forward to launching SELL positions. Have an incredible trading week, family!
FOREXCOM:XAUUSDShort
by Investroy
14
Short term bullish reversal - JNPRLet's understand multi timeframe analysis for NYSE:JNPR . Price has forming bullish harmonic shark pattern and has shown strong reversal with very high volume from PRZ(Price Reversal Zone). Weekly TF - Price re-tested a strong demand zone in Weekly timeframe. RSI is forming bullish divergence. Daily TF - Price re-tested a strong demand zone in Daily timeframe as well. RSI is showing bullish divergence. 45 minutes TF - Price re-tested a strong demand zone in 45 minutes timeframe as well. RSI is showing bullish divergence. Price is making ascending triangle structure. Above confluences suggest that price is due for a short term reversal. Long position can be taken upon breakout above triangle resistance or upon re-test after breakout.
NYSE:JNPRLong
by PriceActionTrader1
Head & Shoulders Pattern Formed on GBP/USD !! #ShortHead & Shoulders Pattern on GBP/USD !! The Head & Shoulder Pattern seemed to have formed on 4 Hour, I will wait for Retest of Neck-Line before Shorting GBP/USD .The Risk to Return ratio is 1:3. It can be a really good trade if executed correctly. Target is chosen by Measuring the Distance between Neck-line and the Head , further the same distance is then used after Break of Neck-line to establish correct Target area. Stop loss is set where the Price is least likely to get hit hence the 1:3 RR. note: Do your own analysis before taking the trade. Analysis based on; 1, Price Action 2, Chart Pattern 3, RSI - Overbought/oversold zone 4, Candle-stick Pattern Time frames used: 1 Hour 4 Hour
Short
by M_Shariq
6
Multi timeframe analysis - TITANLet's understand multi timeframe analysis for NSE:TITAN . Weekly TF - NSE:TITAN has been trading in a falling wedge pattern (LH-LL) and has recently re-tested a major demand zone. A bullish engulfing candlestick has been formed. There's an additional confluence of Harmonic Cypher PRZ around 1880. Daily TF - Bullish RSI divergence has been seen on daily TF. Price gaped up and did a breakout from a falling wedge structure. Short term bullish entry can be taken if price retraces back to 2080 level which was acting as a resistance earlier.
NSE:TITANLong
by PriceActionTrader1
5PAISA - Short term bullish reversalLet's understand multi timeframe analysis for NSE:5PAISA . 1. Price has forming bullish harmonic bat pattern and is currently standing at a PRZ(Price Reversal Zone). 2. Price is approaching a key demand level in weekly and monthly timeframe. 3. After making a consecutive LH-LL structure, price has finally made a HL which could suggest a reversal of a trend. 4. On a daily timeframe, 14 period RSI is forming a bullish divergence. Above confluences suggests that there's a high probability of short term bullish reversal if price succeed in breaking the previous high.
NSE:5PAISALong
by PriceActionTrader1
EUR USD - Market still prefers sellersG'day, Previous analysis attached below back in June 7th. Enjoy. Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral, however, as outline below - will be buying until the OL, offers a highly probable zones where a confirmed sell break and a confirmed sell from the Original level. Starting the supply and demand imbalance. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bearish move (positional trade). Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence. EUR USD - in a huge downward curve towards parity (most likely beyond). Monthly Monthly zone reached 1/1 (or thereabouts with a final close generating a low of 0.9948), expected a reactive buy as a fresh demand zone. Due to the curve being so strong with no real structure pivots on the bearish move, the probable zone of price pivoting to is 1.06 (capped) as a PCP level is hidden here within the Weekly, Monthly Combo. Structurally, the market cycle here has a key move to go - heading down to an untested structure below at the OL (back in 2001). From a buying standpoint, a reactive buy as price looks to retest from a daily pivot towards 1.00 will indicate a smaller curve needing to be broken from a newly formed trading range (review daily). The monthly curve previously from June 2002 - Nov 2002, shows a nice consolidative pattern so here price will look to form a similar structure after the PCP is hit. Weekly 1 - note the reactive tap here, upon every FL especially a monthly, price will reject the supply imbalance and now create a buying demand market allbeit for a short duration. The likelihood for this is from the strong curve in play, which offers a PCP level as shown in purple, crossed with a monthly. The high chance of this chance hitting for buying targets is key for; how PCP levels are drawn and to take risk adjusted counter moves, knowing the fresh level here can offer a chance of retesting. (structure below still has a high probable pathway as price action is minimal here). Applying the pink curve as a steep curve adjustment will show price has a disjointed pathway which price can pivot towards, reject and form the weekly trading range. (see chart below 1 weekly) Chart 1 - weekly Bi-annual chart For position sellers, it's clear the long term move is down to the red box in structure. Short term buying cover opportunity From the daily chart - price has created a low forming a strong daily imbalance between the 0.9948-1.005 range of 102 pips, this now offers the high probability of price to revert back once breaking the curve to form a retest of the zone allowing the opportunity for a reactive buy of the zone. Subject to the daily pivot point, using the Fibonacci sequence - for a strong retest expect 0.705 to be a level of high interest as this aligns with the zone for a reactive buying point. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. I f you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXII We've reached 800Followers! Thank you!
by LupaCapital