GOLD | Xauusd Technical analysisOANDA:XAUUSD
Hi , trader's , as you can see in short term , Market is making M shape
M shape chart pattern is Double top pattern , IT's a bearish reversal pattern
Market can Go Down from 2006-2007 area to 1996 to back test the support
Major resistance is at 2023-25 area in 4hr TF
Market needs to do a correction for further uptrend
Timeframe
Li Auto is the price going to continue to drop?Li Auto has been red for the last few days but if you look at the price action its been trying to hold its own and hasn't really dumped. Somethings changing or happening right now and I believe its a balance shift. In this video I use this perfect oppurtunity to show how the ESVO can show you where Absorption has been hit, when momentum has shifted, and where price targets are for potential push down to absorb the remainder of the float or to repeat the N pattern(pain pattern that creates the catalyst for an upwards movement off the bottom.)
Of course, if you find any of this intriguing pls like, follow, and most of all boost so others can find my videos. Thank you!
by iCant84it
04.05.23
AAPL insider trading and net cash flow from positive to -70Mil AAPL with all of it's great achievments has what seems started to run out of steam.... With insider trading recently and net cash flow going from a surplus in 2019 to trending negative since and at -$70 mil currently.... I see signs of weakness. Looking at the chat there are clear signs of manipulation and gapping up over solid resistance areas to get to where it is today. This recent pull back for re-accumulation looks like a failed re-accumulation mid run. This is apple so I am not sure how much of a fight this will put up. However, I feel confident this will drop to at least close the gaps. 8 Days should be enough for the $161 traget. 36days should be safe for a Price target of $152. Which seems ambitious when looking at it from the top but its been on a straight 45 degree angle since Mid March. However, this is the same stock that took from Jan 2021 to Mar 2023 to finally make support out of the $140s. If this pulled back to $152 it would be completly conservative compared to those 2 years.
This $152 area is the last place there was synergy between volume and price. Which means this is the last place buyers and sellers saw eye to eye for a period longer than a few hours.
If you like or are intrigued by this analysis pls like and follow and of course hit the BOOST button as thats how more people will be able to see this.
This isn't financial advice and I wouldn't suggest blindly following my trades, if you see the price going against save your profits and or money and look for another entry.
by iCantw84it
04.06.23
Bili Puts Update is it time to get out?Using the ESVO and looking at some different points of view from the previous move off the bottom, I have decided that we are not at the bottom of this move and we should be seeing another push down until we find synergy with price and volume. If we have a move to the upside I believe it will target $22.61 then dump to about $18.69 possibly deeper until we find that sweet spot where the two meet. If you find any of this intriquing pls Like Follow and Boost because that really helps me get more views. Thank you.
by iCantw84it
04.05.23
new time zone w Bitcoin has become a fixture in today’s modern society, a source of innovation and mystery, and has begun to change the way we think about currency. Because of Bitcoin’s success, many modern cryptocurrencies are simply variations on the Bitcoin framework. These Bitcoin derivatives are referred to as Altcoins. By understanding the cryptocurrency framework, through analysis of Bitcoin, examiners will be capable of understanding artifacts in a wide range of cryptocurrencies. In this chapter, we learn Bitcoin through example by first understanding the underlying theory and then seeing it in action. By using the MultiBit HD client, we observe transactions coming across the wire and look for their network and disk-based artifacts. From this approach we accomplish two things: the reader obtains a technical understanding of how cryptocurrencies work and how to forensically analyze and evaluate cryptocurrency artifacts.
XAUUSD : Gold Hammer Reversal CandleOANDA:XAUUSD
Hi , Trader's , After yesterday FED New's Price went down and hit bottom
Now price is extremely over sold position and Hammer candle is formed at bottom
Hammer candle is potential reversal candle , Market can get momentum
Buyer's can push market up to 1826-30 area
20 , 50 EMA at 1830 area , it could be target for bull's
❤️ Please, support my work with follow ,share and like, thank you! ❤️
P2P | US30 - BacktestingWhat's up guys and gals, hope everyone is alive and well!
So this is another fun & very interesting backtesting clip, this time with #US30.
Now if you've been following my channel you'll know that I mainly trade #xauusd (gold) but I've been asked about other pairs so I felt, as a mentor, I need to expand my horizon. I guess I can just be transparent and say I'm still getting the pip count down on some of these other pairs! Gold was literally the first pair I learned to trade on so I felt compelled to master it before I went to any others but this was the growth moment I overcame for you all to see... so laugh silently LOL, no shame in my game.
BUT
I was very happy with how some of these trades played out because 1. it was a great experience to work my swing trading skills on a pair I don't normally trade & 2. I could easily spot any mistakes or setbacks I encountered before/during/after the trades. I believe backtesting with a bit of urgency helped (me personally) analyze the charts with a bit more intensity... idk if that's a good thing but I guess we'll soon find out LOL
But all in all I definitely enjoyed this run. I believe I will do a series of trades with a PT.2 and possibly PT.3. I've been getting some great feedback with this addition to the channel so I'm gonna keep dropping these and adding as much value to them as I can for you folks!
So with that being said happy trading, trade well, and lets run it up from 2023 til infinity!
If you got some value out of this video please share it, boost it to your trading pals, and help grow the channel.
DISCLAIMER:
***This page is for educational purposes only and is not intended for any financial advise. I am not a financial advisor nor do I manage any other accounts for our users. Any trades you take will be of your own doing and P2P will not be held responsible.***
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P2P | XAUUAD - Backtesting PT.2Alright so as you can see in this clip I was rushing trades and not taking my confirmations 1 at a time.
It's important to analyze your charts for confluences because most of the time they will catch you slipping and you'll end up making a mistake that will cost you money. (Good thing this is just a backtest LOL)
So here you can just get a bit more insight on the idea of the trades I take, what happens when you're impatient, and what most swing traders anticipate when playing the long game.
If you guys want to see me backtest other pairs feel free to drop your idea/input in the comment section and I will do my best to assist you with a video!
Also anything you've learned watching these please comment below! The more I know on what you see/don't see will help me make these videos a lot better (:
** BTW PEEPS IM A FIRM BELIEVER IN BREAKING EVEN & TAKING PARTIALS, THIS IS JUST A CLIP OF ANTICIPATED SWING TRADES AND TRADE SETUPS**
So with that being said, happy trading, trade well, and lets run it up from 2023 til infinity!
If you got some value out of this video please share it, boost it to your trading pals, and help grow the channel.
DISCLAIMER:
***This page is for educational purposes only and is not intended for any financial advise. I am not a financial advisor nor do I manage any other accounts for our users. Any trades you take will be of your own doing and P2P will not be held responsible.***
Ready to bounce after recent retraceAUDUSD has retraced back to significant weekly highs created over the last few weeks and is showing the first signs it is ready to continue pushing upward. This is easily seen in the chart that is currently showing 4 Hour candles cleanly displayed inside Weekly candles.
The unknown obvious: resolution vs timeframeChart resolution and chart timeframes are the synonyms, true, but the difference between resolution based mindset and timeframe based mindset is huge.
As it is in reality, pure charts are just tick charts that then get aggregated, mostly by time. So it's all the same data, just different amount in different detail.
If you operate manually you free to scroll through all the resolutions, generally from lower to higher to gain all the information you need in best possible way.
So you mindset is this, "I need more info ima be scrolling through resolutions and be gaining it".
The term "timeframe" is much more applicable for automated trading.
There, it's very complicated to use multiple resolutions at the same time for many reasons, instead it's easier to use multiple data ranges within one resolution.
For example, you run a bot (not robot) on 1 minute chart, this bot executes & fine tunes the signals based on very short window of 4 datapoints, generates the actual signals based on 16 datapoint window, chooses a signal generation method based on 64 last datapoints, and chooses between competing assets based window length 256.
Then you ran an ensemble of these bots on every 'timeframe', this way you can emulate but never achieve a proper manual operation.
And it's good to use common but different methods on each of data windows to reduce correlations inside the ensemble, not like it's shown on my chart (disregard the levels).
Multi-Timeframe-Structure ExplainedHello traders
- In this example, we will explain why focusing on the multi timeframe structure is important.
- It is crucial to observe the chart on multiple timeframes. If we consider several time frames and they match, we will be able to have more confirmation for entry.
- How can multi timeframe structure help us in our analysis?
-Multi-time frame analysis is simply utilizing both higher and lower time frames together. Lower time frames become higher time frames; for example, one 1D candle has 24-1H candles or 6-4H candles. When we are using LTF and HTF, we should focus on the major trend direction as it is very easy to get lost in the lower time frame.
-The following example will help you better understand the importance of multi timeframe structure.
- For example, follow the chart on the 1H timeframe. At that moment, you see a bullish trend, but if you look at the chart on the 1D timeframe you can see that we are in a bearish trend, and that the bullish trend on the 1H timeframe is actually a pullback to the supply zone on the 1D timeframe.
- That is why it is important to follow the multi timeframe structure in order to have more confirmations.
-We hope this post helped you to better understand multi timeframe structure, if you have any questions, you can ask below in the comment.
Ethereum Multi time frames 🔵1 h chart 🔴4 h chart 🟢daily chartEthereum Multi time frames
🔵1 h chart - SMA200 and volume resistance $1,202 as strong combination to break🚨👀
🔴4 h chart - further resistance with EMA50
🟢daily chart - strong volume support at $1,086.5
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
EUR-USD Key Levels! Sell!
Hello,Traders!
EUR-USD is retesting a key horizontal level
Which best visible on the 1 Week TF
And is a wide supply level
So even though the pair
Might move higher from its current levels
The upward mobility of the pair
Is limited by this key level
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Is The gold Market About To Collapse?!In the early Asian session trading it looks like Gold is respecting a 3 month key level... offering a great opportunity for a high risk to reward trade.
These key levels when respected, get huge price momentum and are the catalysts for long multi year trends. Could this be the start of a new one?
In our analysis we break down from the 3month to the 15minute timeframe and show all of the potential key levels Gold can trade into.
Let us know your thoughts below.
Data on BitcoinNoticing a lot of similarities in market cycles when it comes to time. the first thing that popped out to me was the days till halving from the bottoms. then I noticed the time from bottom to bottom and top to top and to bottom in each cycle. market top to top is about 1420 days. Low to low is about 1435 days. Hi to low is about 365 days. Market bottom about 500 days before halving.
NAS100 Sell IdeaConsidering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
Ask Not How Low Will It Go, Rather Ask How Long Will It Last?!Clear three-leg stepwise downtrend. Monster rallies have occurred at 42, 63 and 70-day timeframes.
Current decline is at the 42-day mark. Had a huge green candle there before that lasted just a week.
Longer rally came at the 63 and 70 day marks. I do not pretend to know how much lower this will go.
Observing only how long it may take to pivot. A pivot to weekly countertrend move may occur next week, after 42 days.
IF it moves up for a week, likely to crush down to new LOTY in mid to late October, projecting around 17-25 Oct.
NB: Last Mon/Tues in October is 24/25. Back in '29 it was 28/29 October. Elections will spark a relief rally, they always get one.
Then Santa comes to town. The Longer the bear lasts, the Stronger the ensuing bounce.
But Jan-April 23 will be more Grinchy IMO. Stay Tuned!