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Multitimeframeanalysis

Short Scenario for BTCUSDBTCUSD When zooming out and looking at the Monthly canldes, there is a very possible short scenerio building. This chart shows Daily candles inside Monthly candles. You can see that price tested the critical level of 20k but didn't reject it strongly. As the daily candles continue to trade near this level, there will be much liquidity building above it. Price could continue building and taking liquidity as it moves back up to the Resistance levels shown on the chart. Resistance 1 is an obvious place to retrace to as it forms the lower level of the previous price accumulation. Resistance 2 is the next obvious level as it is both the top of the previous channel of accumulation and it is also significant becuase it aligns perfectly with the May Monthly closing price. We'll continue to track price going forward to see how it reacts to these levels. Additionally, we will also need to factor in where the current Monthly candle closes. Happy Trading!
BITSTAMP:BTCUSDShort
by RyanLeeFX
4hr support zone and 15 minute descending triangle!EurJpy: On the left side (4hr chart), you are able to see a support level that was hit multiple times. This support line is an attractive spot for all traders that analyze the chart. This level can either hold and push the price up or break and push the price down. On the 15-minute chart, you are able to see a descending triangle forming. Wait for the triangle to form and a higher high to take place. This trade can also go to the downside. that is if the triangle is broken to the downside which means the 4hr chart wants to break that support line. Indicators on the 4hrs match up with the descending triangle. They want to push the price higher.
by Adooma14
US OIL - short term updateG'day, 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, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. 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. 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. Monthly Reactive tap of the OL supply since 2008. 2008 showed a steep curve sell off between 2008-09, however price had a tow year weak curve to battle back weekly and monthly zones to create a lower high upon the monthly. The final zone correlates to a bi-monthly zone ** Since the reactive tap of the OL, the monthly closes have still indicated a higher close on the months following. Where does this leave price now on the monthly? The reactive sell will ensure that supply imbalance has taken over. What this means using confirmation rules, price will look to retest and fail to penetrate the zone with a strong corrective final structural move which nets within the zone. Where a monthly failure of the OL exists, then a sell in high probable to create a low curve. ** reference to 2008 analysis of steep high curve Weekly Price peaked at the OL and as the supply or arrival zone is tapped, price has probability with confirm rules of CP and candle patterns to spot to take a measured sell. The PCP level is now obtainable where the high curve can, with failure to create higher highs within the structure and reactive sells upon the daily, will indicate an opportunity to sell. Since the FL is untested, orders from the supply provide a control for the swing term length of a trade. Upon the sell closure the Curve suggests at present the high probability of an arrival between $92-96.5 where a long opportunity favours buyers as the FL here still has >70% probability as the arrival has yet to be penetrated. Daily The rising channel has offered buying opportunities and created the necessary confirmations needed to create the structure required on a curve correction to retest the high. PCP level is now identifiable placed at $112-117 zone, showing the supply engulfing, corrective and retest confirm structure can play out. The overall destination is towards the range bottom of the curve, creating a low curve, offering the hedge sell for long buys. Trade opportunities Bearish move is upon a rejection of the PCP formation Bullish move from a break of trend and retest - creating the long opportunity for a measured buy towards the OL. USD CAD for a commodity pair outlook Weekly Buying opportunities are highly probable towards 1.26 as the lower high formation needs to be completed subject to a sell off for the pair as the weekly zone shows a OL deep correction is now in play. The reversion zone shows between 1.24-1.25 as a destination. 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. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXII
TVC:USOIL
by LupaCapital
SPY 2022.06.21 gap up opening premarket analysis50DMA down 20DMA down 5DMA down Price is set to open gapped up and ready to test the 5DMA + Fed VWAP + COVID low VWAP. Will price break through and use these levels as support? If it does the next target up is the VWAP off the most recent daily leg up, and a possible gap fill from the Fed decision day to the next trading day. If not, then those lines may become resistance. We'll see! No swing trade safe set ups. Intraday trade targets presented in the video.
AMEX:SPY
by dylanmojo