Timeframe
USDJPY Entering demand!!USDJPY is entering a order block soon and above the order block, we have some imbalance to fill so I think the price will create fake support and then grab the demand so the price will move up.
Before I enter this trade I always wait for some kind of break of structure or change of character so make sure you do the same.
this is no financial advice, Trade wisely
Multi-timeframe, multi-momentumKudos to Chris Moody for creating these excellent indicators. The momentum is shown in three timeframes, two by the dual stochastic and another by the macd. Both stochs are set to 838 - I know it says 883 but I cut my teeth on MetaTrader 4 and prefer that labeling scheme - with the fast one tracking 15 minutes and the slower tracking 30 minutes. The macd is set to default except it's tracking 45 minutes.
I could sit here and tell you to do A when condition B is met, then C when D but instead I'd prefer that you make it your own and adapt it to your needs and ways. I love using a setup like this to help visualize the longer trend and as a filter. Will also add that I see a lot of emphasis placed on overbought and oversold (80/20) but the 50% mark as just as if not more important. May your trading be successful!
btcusdtHello friends
Every time I look at the chart, I see nothing but upward movement conditions
But it all depends on the weekly candle that closes tomorrow
In terms of time, we will most likely climb on January 8th
So before that there is a possibility of suffering or a slight decrease
If you look at the weekly time frame in the picture (top right) it promises to decrease to 22 thousand
Part2 of my last IdeaRight here is the importance of multi-timeframe analysis
As you can see, We have a healthy trend
How do I know this?
When the price in a trend rises, volume increases, when a trend does a pullback, the volume decreases.
If you see these things in a trend, know that it's a healthy trend.
KSM/USDT analysis on 4H Time FrameKSM/USDT is on trend line which show neutral behavior either break trend line then opening a short position is a good option for profit and if not break the trend line we have a good long opportunity for profit..
Always do your own research before going to trade this is not a financial advice
Support Resistance zone Breakout with Volume Here it is clearly shown that there is horizontal Trend line zone area, where the price got couple of times resistance and same area it got support also and now recently price had given good breakout (with good intensity of volume) of that same level now, trend indicator macd in multi time frame is also suggesting positive along with rsi strength in multi time frame positive, we can expect the price could start the rally towards previous all time high.
Weekly macd is positive crossover and Uptick and also above zero line
Daily macd is positive crossover and Uptick and also above zero line
Weekly RSI is Uptick and also above 60
Daily RSI is Uptick and also above 60
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
The Daily TimeframeI am commonly asked what is the most important time frame to analyse your pairs on. Which doesn't always result in a simple answer since multiple time frames must be taken into consideration for successful trading e.g. weekly/daily/4h/1h.
However, there is the one that is universally considered to be principal and that is the daily time frame. Here are some of the main reasons why so many traders rely on a daily time frame and why you should to:
1️⃣ - Daily time frame shows a global market trend at the same time reflecting a mid-term and short-term perspective allowing the trader catch trend following moves and spot early reversal signs. The simple nature of one candle closure per day keeps things a lot more simple compared to lower timeframes.
2️⃣ - Covering multiple perspectives, the daily time frame is the foundation of the majority of the trading strategies and is the main source of key levels & pattern analysis.
3️⃣ - Filters out news events that happened during the trading day. It shows the composite reaction of the market participants to all the data posted in the economic calendar.
4️⃣ - Daily time frame reflects all trading sessions. Within one single candle, we see the outcome of the Asian, London, and New York Sessions.
5️⃣ - Daily candle filters out all the noise from lower time frames & intraday price fluctuations and sudden spikes & rejections.
6️⃣ - Similar to covering all the trading sessions, daily time frame also mirrors the activities of big players like hedge funds and banks. Showing us the flow & direction of big money.
⚠️ Please note: Despite the daily timeframe being so important for analysis, still do not neglect other time frames. The most accurate trading decision can be made only relying on a combination of intraday and daily time frames.
Lakshmi Machines - Multi year high break - Look for BreakoutsAnother lovely chart - Lakshmi Machines. At very crucial levels
2018 highs being tested and retested.
Chart looks very attractive and keep an eye on breakout. The stock has moved up very fast and the way id like to look at this stock is look for nice and clean breakout of the top.
So , be patient and look to buy close to the 20 Day Moving Average
The critical importance of time frames INTC exampleAs in life, the questions you ask will determine the answers you get when it comes to trading. We live in an age of "instantism" - we have been conditioned to believe that faster is better – faster price executions, faster trading, faster feedback, faster news, faster food, faster everything! And this need for speed has been translated into trading. I know whereof I speak since as recently as 8 years ago the vast majority of my trading was day trading. But I no longer believe that day trading is viable for most people unless they trade large positions for very predictable small moves. That's what high-frequency trading is all about. I have no need or interest in a 10 second chart. But that is of course personal preference. As an example of what I'm referring to take the current situation in Intel as shown in chart form above. The moving average channel method that I developed many years ago clearly shows the trend has been consistently higher with support coming at or slightly below the moving average channel monthly chart per the methodology. As a long-term trader or investor, I see an opportunity to buy at support. The trader who has been looking at the daily chart has been short. Can both points of view be correct? Absolutely! The short-term trader using the moving average channel methodology has been short. Profit targets have been achieved. The long-term trader or investor using the monthly chart has now switched into "look for a buying opportunity" mode and can switch to a daily chart for timing.
RBT
NOTE: the two indicators in the chart above are a 10 period Simple moving average of the high, an 8 period Simple moving average of the low. The lower indicator is Williams accumulation distribution and a 57 Simple moving average of Williams.
JICPT| Structure Bullish setup on EURGBP(Daily & Weekly)Hello everyone. EURGBP has been down for the past few days and violated the control low.
However, if it continues going down, I'll be interested in potential reversal bullish trade as below:
1. On the daily, the previous low might serve as a reversal zone. Set an alert and wait for the price action.
2. On the weekly, the zone of 0.8279-0.8371 looks pretty solid. price is likely to bounce back if the previous daily zone got penetrated. I'll watch how it move on 4H then.
What do you think? Give me a like if you're with me.
TWTR - Trendline Support holdingTWTR retraced back to the long term trendline support last week and once again started to bounce off this support. Plus, there are also a confluence of fibonacci retracements right at this suport: 1) the 38% fib retracement of AB swing and 2) 61.8% fib retracement of CD swing.
It is always a good practice to scale one time frame up (ie from day to weekly chart) to get a clear view of the "bigger picture".
The stop loss is place slightly below the rising trendline at about 57.90.
Expect to scale out partially at 73 and trail the rest up towards 80.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
Bitcoin 1 Day Chart Descending Triangle & Fractal PatternBitcoin on the daily timeframe seems to have formed a descending triangle and has a fractal playing out from earlier this bull market. I think we could see some further downside in the next coming 1 to 2 weeks or we just see a big bounce from here. September has always been a bearish month for bitcoin in general so this bearish price action was not unexpected. If we see a nice recovery from this dump and don't go any lower than 37K I think we could see another leg up for this bull market if we do go lower a recovery would be harder but still possible. Let me know what you think.