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Multitimeframeanalysis

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
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
Multi timeframe analysis - TECHMLet's understand multi timeframe analysis for NSE:TECHM . NSE:TECHM is closely following NSE:CNXIT . Weekly TF - CNXIT did a major rally after sudden fall in march 2020, made a strong base in early 2021 and then did another rally in second half of 2021. Price has been falling since January 2022 and now it has reached at a monthly/weekly/daily demand zone. Weekly RSI is also below 30 which indicates that it's heavily oversold. TECHM chart looks very identical to CNXIT. Daily TF - There's a Bullish Hammer candlestick formed with a huge volume which could be a sign of trend reversal. Price has formed bullish Bat/Alternative Bat harmonic pattern and is approaching Price Reversal Zone(D point - 925). Price could make 50% reversal from PRZ. 15 minutes/5 minutes TF - Bullish RSI divergence has been seen on 15 minutes TF. Trendline resistance break and sustenance above it would confirm the bullish trend. We have multiple confluences for NSE:TECHM trend reversal. Let's see how it plays out. Happy trading!
NSE:TECHMLong
by PriceActionTrader1
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