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Multitimeframeanalysis

Gold Hits Record Highs! Skyrocket Further or Sharp Reversal?4-Hour Time Frame Analysis: Higher Highs (HH) and Higher Lows (HL): The chart displays a clear upward trend with higher highs and higher lows. This indicates a bullish market structure. Ascending Channel: The price is moving within an ascending channel, showing a steady increase in value. Key Levels: 1-Hour LQZ / Reversal: 2429.940 4-Hour LQZ / Reversal Point: 2391.394 Potential Take Profit (TP) Levels: TP 1: 2319.385 TP 2: 2288.085 TP 3: 2267.832 Current Price Action: The price has reached the upper boundary of the ascending channel, suggesting a potential reversal or breakout. Traders should watch for confirmation before taking action. 1-Hour Time Frame Analysis: Higher High (HH): Similar to the 4-hour chart, the 1-hour chart also shows a higher high, indicating a bullish trend continuation. Ascending Channel: The price is respecting the ascending channel, reinforcing the bullish sentiment. Key Levels: 1-Hour LQZ / Reversal: 2429.940 4-Hour LQZ / Reversal Point: 2391.394 Current Price Action: The price is at the top of the ascending channel. Traders should look for signs of a reversal or a breakout above this level to gauge further price movements. 15-Minute Time Frame Analysis: Ascending Channel: The 15-minute chart shows a detailed view of the ascending channel with the price closely following this structure. Key Levels: 1-Hour LQZ / Reversal: 2429.940 4-Hour LQZ / Reversal Point: 2391.394 Current Price Action: The price is currently at the top of the channel, suggesting a potential short-term reversal or continuation depending on the breakout direction. Summary: Bullish Trend: All three time frames show a clear bullish trend with higher highs and higher lows. Ascending Channel: The price is moving within an ascending channel on all time frames, which supports the bullish outlook. Key Reversal Zones: Pay attention to the 1-hour and 4-hour LQZ / Reversal points at 2429.940 and 2391.394 respectively. Potential Reversal: The price is currently at the upper boundary of the ascending channel on all time frames. This indicates a potential reversal if the price fails to break out. Traders should wait for confirmation before entering trades..
OANDA:XAUUSD
by Adlercon333
29
Gold Price Analysis: A Closer Look at Key Levels & Future Moves!Trading Idea Breakdown for XAUUSD Chart Overview: Time Frame: 4-hour chart Instrument: Gold Spot (XAUUSD) Key Levels and Zones: Daily LQZ (Liquidity Zone): Level: 2450.370 Significance: Major liquidity area where price is likely to experience significant reactions. 4-hour / LQZ: Level: 2437.909 Significance: Intermediate liquidity zone crucial for intraday trading decisions. 1-hour TP (Take Profit) Zone: Level: 2419.054 Significance: Shorter-term take profit area, potentially indicating minor resistance. Support and Resistance: Key Support Level: Around 2410.920 Previous Top of Flag: Highlighted zone where price action showed previous resistance before breaking out. Technical Patterns: Flag Pattern: The chart showcases a flag pattern where the price initially showed strong upward momentum (flagpole) followed by a consolidation phase within parallel lines (flag). The breakout from this flag pattern indicates a continuation of the bullish trend. Upward Channel: The price is currently moving within an upward channel, suggesting a controlled and steady rise in the price of gold. Current Price Action: Price: 2410.920 (at the time of the screenshot) The price has broken out of the flag pattern and is currently trading near the 4-hour LQZ level. There's an observed strong bullish momentum as the price approaches the daily LQZ. Trading Plan: Bullish Bias: Given the breakout from the flag pattern and the upward channel, the bias remains bullish. The price targeting the daily LQZ indicates further potential upside.
OANDA:XAUUSD
by Adlercon333
Gold Price Explodes Past Key Levels! Is $2500 Next?Trading Idea Breakdown for XAUUSD Chart Overview: Time Frame: 4-hour chart Instrument: Gold Spot (XAUUSD) Key Levels and Zones: Daily LQZ (Liquidity Zone): Level: 2450.370 Significance: Major liquidity area where price is likely to experience significant reactions. 4-hour / LQZ: Level: 2437.909 Significance: Intermediate liquidity zone crucial for intraday trading decisions. 1-hour TP (Take Profit) Zone: Level: 2419.054 Significance: Shorter-term take profit area, potentially indicating minor resistance. Support and Resistance: Key Support Level: Around 2410.920 Previous Top of Flag: Highlighted zone where price action showed previous resistance before breaking out. Technical Patterns: Flag Pattern: The chart showcases a flag pattern where the price initially showed strong upward momentum (flagpole) followed by a consolidation phase within parallel lines (flag). The breakout from this flag pattern indicates a continuation of the bullish trend. Upward Channel: The price is currently moving within an upward channel, suggesting a controlled and steady rise in the price of gold. Current Price Action: Price: 2410.920 (at the time of the screenshot) The price has broken out of the flag pattern and is currently trading near the 4-hour LQZ level. There's an observed strong bullish momentum as the price approaches the daily LQZ. Trading Plan: Bullish Bias: Given the breakout from the flag pattern and the upward channel, the bias remains bullish. The price targeting the daily LQZ indicates further potential upside. For participating inside of this trade you would be waiting for the market to give some sort of pull back to the support box that we have indicated. The shadow vars that i have provided give a good representation of what we would be looking for in order for price to continue long. Risk Management: Ensure proper risk management by calculating position size according to your risk tolerance. Monitor key levels for any signs of reversal or significant market reactions.
OANDA:XAUUSDLong
by Adlercon333
Revealing My Top Gold Trading Secrets for Huge Profits!In this video, I reveal my top trading secrets for making huge profits in gold trading (XAU/USD). This educational content will cover key technical analysis techniques and strategies that I frequently use in my charts, as well as valuable insights into trading mindset and proper risk management. Let's unlock the potential of your trading skills together! Technical Approach: In this educational segment, we'll focus on the core technical analysis principles that I use to make informed trading decisions. Here's a detailed breakdown of my approach: Identifying the Trend: Uptrends and Downtrends: Learn how to recognize market trends using higher highs and higher lows for uptrends, and lower highs and lower lows for downtrends. Trendlines: Use trendlines to connect the highs and lows of price movements, helping to identify the direction of the trend and potential reversal points. Support and Resistance Levels: Support Levels: Identify areas where the price tends to find support as it falls, acting as a floor preventing further decline. Resistance Levels: Identify areas where the price tends to find resistance as it rises, acting as a ceiling preventing further ascent. Historical Price Action: Use past price movements to pinpoint key support and resistance levels that the market respects. Liquidity Zones (LQZ): Definition: Liquidity zones are areas on the chart where there is a high concentration of trading activity, often leading to significant price movements. Identification: Learn how to spot these zones using volume profiles, order flow analysis, and historical price action. Trading Strategy: Use liquidity zones to identify potential entry and exit points, as they often precede major price moves. Volume Analysis: Volume Spikes: Understand how volume spikes can indicate strong buying or selling interest, confirming the validity of price movements. Volume Trends: Analyze volume trends to gauge the strength of a price trend and anticipate potential reversals. Entry and Stop Loss Strategies: Breakouts and Pullbacks: Enter trades on confirmed breakouts above resistance or below support, or on pullbacks to key levels within a trend. Trailing Stop Loss: Implement a trailing stop loss to lock in profits as the trade moves in your favor, adjusting the stop loss level as the price progresses. Mini Lessons: Mindset: Patience and Discipline: Patience: Wait for the right trading setups that meet your criteria, avoiding impulsive decisions. Discipline: Stick to your trading plan and rules, even when the market becomes volatile or unpredictable. Emotional Control: Stay Calm: Keep your emotions in check to avoid making irrational decisions based on fear or greed. Mindfulness: Practice mindfulness techniques to remain focused and calm, especially during stressful trading situations. Proper Risk Management: Position Sizing: Risk Per Trade: Limit the amount of capital you risk on any single trade, typically 1-2% of your trading account. Position Size Calculation: Calculate your position size based on the distance to your stop loss and your risk tolerance. Risk-Reward Ratio: Target Ratio: Aim for a risk-reward ratio of at least 2:1, meaning your potential profit should be at least twice your potential loss. Trade Evaluation: Evaluate each trade based on its risk-reward ratio before entering, ensuring it aligns with your trading strategy. By incorporating these technical strategies and mindset principles, you can enhance your trading performance and increase your chances of success in the gold market. Stay tuned for more educational content and trading insights!
OANDA:XAUUSDEducation
by Adlercon333
QQQ: Key Levels and Potential Scenarios (D&W charts).Daily Chart: On the daily chart, QQQ has recently hit an all-time high of 486.86, marking a significant resistance level. This milestone suggests a bullish momentum, but it's essential to watch how the price behaves around this level. There's also a noticeable gap at 468.14, which often acts as a magnet for price action, serving either as support or resistance. Currently, the price is hovering around the 473.82 support level, which, if maintained, could signal continued bullish momentum. Additionally, the 21-day EMA is another critical support level; staying above it would further validate the uptrend. Should the price break above the all-time high, we could see new peaks. Conversely, losing support at 473.82 might lead to a sharper pullback, potentially down to 460.58 or even 449.34. Weekly Chart: Looking at the weekly chart, a shooting star pattern has emerged, typically a bearish signal suggesting a potential reversal. This pattern indicates that despite reaching new highs, there was significant selling pressure, hinting at a possible decline. The 21-week EMA, however, shows that the longer-term trend remains bullish as the price is still well above this level. If the price confirms the shooting star by dropping in the following weeks, it might signal a deeper correction. Maintaining above the 21-week EMA would still suggest a strong underlying bullish trend, despite short-term bearish signals. Conclusion: In conclusion, while the QQQ shows strong bullish signals, indicated by new all-time highs and support levels on the daily chart, the shooting star pattern on the weekly chart warrants caution. If the price holds above 473.82 and the 21-day EMA, the bullish trend is likely to continue with potential for new highs. However, if these supports fail, we might see a correction down to the gap at 468.14 or lower. Overall, monitoring these key levels will be crucial in determining whether the QQQ continues its upward trajectory or enters a period of correction. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:QQQ
by Nathan_The_Finance_Hydra
2
MAX INDIA - Excellent Daily VCP Poised for a minimum 20% upmove.1) The stock is in uptrend in all major timeframes. 2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation. 3) The stock shows strong volatility contraction in Daily, looks poised for breakout. 4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play. Entry around 230, Best - Between 215-220. SL - 214 Daily closing basis. Target - 330. Follow me on my channel for regular updates.
NSE:MAXINDLong
by Rugminik
1
IRCTC - Ready for a HUGE move? Aiming around 80%+ gains! IRCTC is set to double once it clears key resistance levels! --- Weekly TF View: Here's the plan: - Critical Level: Watch for a daily candle close above ₹1000. This signals the first entry point around ₹1027. - All-Time High Alert: If the weekly candle closes above ₹1300, prepare for a potential Marubozu candle, indicating strong bullish momentum. This will be our second entry point. - Strategy: Entering before the breakout to catch the bottom. Remember, risk management is crucial. The market is supreme; we adapt. - Price is bouncing from the important fibonacci support area. Showcasts buyers are strong! Let’s wait and watch the show unfold! --- Stay tuned for updates as IRCTC approaches these critical levels. Happy trading! Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:IRCTCLong
by SuperNova396
9
EurUsd Breaks structure.. to 1.057 Monthly Level?Hello Traders. EurUsd has been ranging for the last 3 weeks ever since May CPI data. We attempted to break to the upside last monday but this resulted in a failed breakout and better than forecasted US Jobs data pulled USD down with strong momentum. Price retreated all the way to the bottom of the daily range on friday at 1.08 Daily support level. It appears this momentum has sustained itself as price gapped down over the weekend and we observed a further selloff during the first trading session of the week , moving another 25 pips. I do see some buying pressure off 1.07478 moving into London trading and to begin the week. Looking at the June Monthly candle, we are just pulling straight down thus far. Can we extend to the bottom of the Monthly range at 1.057? It seems likely the dollar will remain strong for some time given the strong labor market data and the Higher for Longer Interest rates concept. Safe trading.
Short
by ShrewdCatfx
Tejasnet flying Supersonic 6G speed :) :) :)Comparison of Quarterly and Daily Timeframes of Tejasnet shows amazing structures for bigger targets On Quarterly Chart - there is an amazing structure around 670-675 levels 4 Critical Confluences meeting at 1 single point providing the Price an Amazing Boost 1. Long Term Cup & Handle Trendline from 2018 crossing 2. Parallel Channel from 2021 crossing 3. Flag pattern bottom criss-crossing 4. Fib 0.618 level precisely meeting the intersection point of all above (1-3) When you have some exceptional scenarios - its impossible to go Bearish. Don't even think twice to take an entry at such levels Price completed 3 out of 4 targets already given. Next Target 1360 On Daily Chart - Price is on the verge of Fresh Rounding Bottom BO If sustained above 1250 WCB (preferably today), then Target would be 1490 We took entry at this stock around 460 levels and holding with 170% profits :) :) :) and more to go Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:TEJASNETLong
by Stocks-n-Trends
B.L Kashyap & Sons Increasing Strength Can Be Held For Long-TermB.L.Kashyap & Sons Ltd is an EPC company engaged in the business of Construction of Buildings High-Rise Residential and Commercial Complexes, IT Parks, Institutional Buildings. Total: 1,733.68 Cr Order value Company has delivered good profit growth of 71.0% CAGR over last 5 years Projects • More than three decades of rich expertise. • Completed 250 + projects and more than 140 million sq. ft. Design Build Projects • National High-Speed Railways • Sabarmati Station • DLF Downtown • Embassy Flipkart • Redevelopment of Gomti Nagar Station • Hero Honda Motor Plant • Jaipur & Chennai Metro Company coming out of CDR – Moving towards Zero Debt • In the light of global meltdown during 2010 -13 operations of BLK were impacted resulting in stress on the company • BLK entered CDR in 2014 • Currently the company has no long-term debt and has pared its consolidated debt. • Reduction of Debt from 700 to ~ 270 • Currently the company only has CC and BG limits De-risking business model – Residential to Commercial & Governmen • Company has been awarded total orders during financial year 2022-23 to the tune of Rs. 818.9 Cr • The order book closed at Rs. 2402 crore for the year ended March 31, 2023 • Orders worth approx. INR 658 crore and INR 247 crore awarded during the first and second quarter of FY2023 - 24 • Ending 30th June 2023 and the order book stood at approx. Rs. 2838 cr. • Total Order Book stands at Rs. 3005 Cr as of September 2023 • During the quarter, orders were received across multiple segments like railways, business parks, educational institutions, and residential complex Growth driven to Profitability focus • The company has planned capex of approximately INR 25 crores during FY24. Capex for FY22 and FY23 was Rs. 8 Cr and Rs. 19 Cr respectively • BLK is looking at increasing its footprint in the infrastructure space related to its core business, which is high quality structures and their associated works.
NSE:BLKASHYAPLong
by iism-ExpertTrading
BTC/USD (bitcoin): the multi-timeframe outlookInitially, looking at the Weekly timeframe chart, it could be noted that the price has been unable to continue pushing in the upside destination for more than 2 weeks now. Leaving huge wick candles in the upward direction, the market structure is making it relatively evident that bearish waves could kick in and drive the price towards the target region mapped on the graph. Zooming into the Daily-timeframe graph, we may witness some sort of a triangle pattern formulation. With the upward slope getting steeper after every touch, there is a big chance that the lower barrier will get penetrated and the price will keep pushing in the downside destination towards the pre-projected target region. Thus, we have orchestrated a preliminary trade idea with the Stop Loss set above the upper barrier of the formed triangle and the target placed at the Weekly-timeframe key region. Making an execution at the market price, we are aiming towards capturing a steady 1:3 risk-reward trade.
BITSTAMP:BTCUSDShort
by Investroy