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Topdownanaylisis

Interesting Markup of USDJPYThis kind of looks confusing but "bull" with me. Basically, I was practicing the top-down analysis to mark up the graph and so far its currently looking like a buy. The Larger purple box represents the weekly candlestick that I had highlighted, from them we zoomed in on the hour 4-time frame and highlighted the most recent candle in green and began identifying the structure of the highs and lows with the orange boxes. Currently waiting for a good entry with the M15 time-frame
Long
by rokoro2
GOLD Video - Pure PRICE ACTION Top Down AnalysisOANDA:XAUUSD - Weekly (Bearish) : Doji at a weekly level indicating indecision and momentum loss with a wide swing divergence - Daily (Bearish) : Pinbar rejection with divergence - 4hr (Entry) : Double top with a trendline break EP: 1336.25 SL: 1360.36 TP1: 1311.47 TP2: 1290 www.pipkingsfx.com Like the content? Support it by.... SMASHING that LIKE button & following my profile :] ... Leave a comment with your questions & ideas! Thanks !
FX_IDC:XAUUSDShort
by UnknownUnicorn1591582
3
EURCHF Video - Bullish PRICE ACTION on MULTI TIME FRAMESFX:EURCHF - Weekly (Bearish) : Long wick candle off the zone forming a pinbar - Daily (Bearish) : Inside bar with a bunch of indecision candles on the zone - 4hr (Entry) : Trendline & Wedge Breakout EP: 1.12400 SL: 1.11686 TP1: 1.13113 TP2: 1.13406 TP3: 1.14255 www.pipkingsfx.com Like the content? Support it by.... SMASHING that LIKE button & following my profile :] ... Leave a comment with your questions & ideas! Thanks !
Long
by UnknownUnicorn1591582
POSSIBLE AUDUSD SELL + MULTIPLE TIMEFRAME CONFLUENCE ANOTHER TRADE WITH MULTIPLE TIMEFRAME CONFLUENCE!! (VERY SIMILAR TO THE NZD PAIR) #TOPDOWNANALYSIS The weekly timeframe indicates a downtrend. Anticipation of a further Bearish Indication could also enable a long-term SELL opportunity. •1W - Current Market has reached the top of the weekly Trendline . The closed candle demonstrated suggests that a rejection has occurred when observing the length of the wick. We can therefore anticipate a bearish movement following on from the candle closure that had occurred as this indicates a rejection of the linear level. •1D - Current Market has also reached the top of the daily Trendline . The recent candle closure also demonstrates a rejection of the key linear level (Daily top TL). This is also followed up by a large bearish candle which is a clear indication that the buying power is over and that the sellers have emerged into the market which could then result into further bearish movement. In terms of entry, either instant entry or an anticipation of a Bearish Indication on 4HR time frame could also enable a perfect entry point.
by Basit-Abdul
USDCAD LONG SETUPToday, after the 4th bounce on the daily trend line (red), we have seen a 70 pips retracement and the M.A's have just crossed down so i think it will keep going down. If the price continue downside and touches the weekly ascending trend line (black), i think it could go up and try to reach at least the weekly supp at 1.32 as a short term goal. Buy limit order at 1.313, 67 pips take profit, 30 pips stop loss. A long term goal could be the blue rectangle zone above the daily trendline. If the price keeps going down after touching the black trendline, i think it will go to reach the last bounce in that trendline at 1.307 (blue)
Long
by m_farias
eur/usd short(red downside trend line based on H4 time frame and Blue trend lines are based on daily time frames) - daily downside trend line (blue) being well respected until now. -monthly, weekly and daily M.A's pointing bearish. - daily trend line well respected making lower lows bellow the blue daily rectangle. I think it will go bearish next days (H2 M.A's have already crossed for bearish) and it might try to reach last year's lowest price. target: 53pips / stoploss: 26pips / RR 2:1 if it don't go downside, it might try to retest the H4 trend line or it could go for a walk to the daily upside trend line
Short
by m_farias
MAJOR breakdown of USDJPY before market open, ENJOY (:Here is a major breakdown of USD/JPYu before the market open. It is 10:08 am on a Sunday here in Fort Worth, TX. Top Down Analysis is the key to my trading so providing you ladies and gentleme an insight in what I see with my favorite pair. I have not traded this pair as much since January 2nd, mostly because of the flash crash, but I am starting to see this pair correct itself and make moves especially with the open of the new month. Hope you all enjoy and make sure to follow my Instagram for more breakdowns and insights to my technicals and my everyday life (: IG: @issdrake
Long
by draked11
2
EURNZD LONG BIAS.Watching this week to see if price follows my expected prediction for this pair, for possible long plays. Top Down analysis and later following it up with my trading strategy to get a nice trade going to start off the month of February. Analysis: Price seems to be correcting before pushing up to possibly complete a 3-wave pattern corrective pattern before more downside. All that depends on future and how price moves in the coming weeks. Chart to be updated in tandem with that. Stay Tuned Happy Trading :) StellarKK
Long
by StellarKK
Following the trend 2 - USDCAD - retest entryAfter the Bears took control at 1.36500, a very strong bearish momentum has pushed the market in a strong downward trend, retesting off resistance zones as it continues to decline. As our previous trade successfully closed breaking past both of our targets. We are looking for another retest entry to profit from the bearish momentum. Steps needed: -Price needs to break past the support zone -Price must make a corrective movement back to retest the broken support zone. -We short the pair upon the confirmation of retest of 1.32536 As always we'll have multiple targets. Our first target will be at 1.31961 Our final target will be at 1.31611 Happy Trading -Juff
Short
by TheRZA
EUR/USD Short Setup Rejected the weekly resistance level with spinning top and pinball formations. Met 61.8 fib level on the daily and wasn't able to take that out and saw bearish momentum shortly after. Seemed to be a false breakout of the daily trend line and now we can see price action coming back to the downside and below the 8 EMA which confirms that this trend line should be respected. Using the dollar index as a confluence we can see it is well supported at the 96.00 level and should pick up some strength around this region which would add more bearish momentum to EUR/USD. Target 100 pips with 60 pips stop as price may come back up to retest 1.1460 once again.
Short
by Shivam_93
First BTC/USD Chart - ***Feedback Welcomed***So this is my first published chart work on Trading View. Using the fibonacci tool, I see the price action hit the 0.0% on 11/4 and then spiked close to the -27.0% on 11/7 Then after dropping down to the 61.80% and testing that zone for a couple of days before a spike down to the 78.6% all while pretty much respecting the trend line and counter-trend lines. So we should close the day right around $6305 (61.8-% FIB) and then attempt to move slightly higher to the $6380-$6400 region to align with the 18EMA Let me know your feedback on how you think I did or what areas I can improve.
BITSTAMP:BTCUSD
by freshinvest
Weekly Breakdown of EURUSD (Weekly to 15min) So here is what I see playing out for the upcoming week with EURUSD, it is my bias and style of trading from the Weekly down to the 15 min chart! If you enjoy this style of trading and want to learn more than please reach out to me and I would love to help, the best places to reach me are below... Contact me: -Instagram: @krystianstreit -Facebook Course/Community: Alpas FX - Forex and Crypto Currency Trading Have a great trading week my friends!
by EsotericTrader
USD/CAD Long Setup If structure holds this pair should bounce back from its bullish trend line since the start of last month, and with added confluence of the 61.8 fibonacci level, we should have seen the end of this downwards correction. The bearish momentum of USD/CAD has been overturned since coming out the daily parallel channel and subsequently this pair has been forming higher highs and higher lows. This setup has a 70 pip stop due to NFP today and therefore should be sufficient to ride the "noise" however a clear break of this trend line will invalidate this structure, suggesting USD/CAD has entered a bear market. The setup has a potential of gaining 165 pips with a risk/reward of just over 2.3, which gives it good value to enter.
Long
by Shivam_93
SYMETRICAL TRIANGLE ON BTCUSD AND SUPPORTHELLO ALL THIS IS MY ANALYSIS BASED ON PURE PRICE ACTION ON BTCUSD AND THIS IS HIGH PROBABILITY TRADE WITH RISK REWARD 1:2 . SO MUST TAKE THIS TRADE …. HOW TO TAKE THIS TRADE? ONLY TAKE ENTRY ON THESUPPORT AREA MARKED ABOVE AS BLUE AREA AND TAKE ENTRY ONLY WHEN YOU GET ANY GOOD REVERAL CANDLE LIKE EVENING STAR , ENGULFING CANDLE OR PINBAR … STOPLOSS IS RED LINE MARKED ABOVE AND TARGET IS BLUE LINE MARKED ABOVE .. IF YOU LIKE THIS ANALYSIS THEN PLEASE LIKE THIS POST AND FOLLOW ME FOR DAILY TRADES LIKE THIS … HAPPY TRADING :)
BITFINEX:BTCUSD
by udit11
CHANNNEL ON EURUSD H4 WITH RESISTANCE .HELLO ALL THIS IS MY ANALYSIS BASED ON PURE PRICE ACTION ON EURUSD AND THIS IS HIGH PROBABILITY TRADE WITH RISK REWARD 1:2 . SO MUST TAKE THIS TRADE …. HOW TO TAKE THIS TRADE? ONLY TAKE ENTRY ON THE RESISTANCE ZONE MARKED ABOVE AND TAKE ENTRY ONLY WHEN YOU GET ANY GOOD REVERAL CANDLE LIKE EVENING STAR , ENGULFING CANDLE OR PINBAR … SL IS RED LINE MARKED ABOVE AND TP IS BLUE LINE MARKED ABOVE .. IF YOU LIKE THIS ANALYSIS THEN PLEASE LIKE THIS POST AND FOLLOW ME FOR DAILY TRADES LIKE THIS … HAPPY TRADING :)
by udit11
Dollar index trading updateI know not a lot of people normally analyse the dollar index, my broker does not support it but can still analyse this. MONTHLY CHART On the monthly chart biggest dollar weakness seems to be over. The facts: -Price dropped of like a year ago, broke lows, so created a downtrend. Price recently tried to break highs to go bullish again but looks like it failed. So now we aim back for the 92 area. -There are some channel and trendlines really important to the next price action: the trendline starting from 2011 made the 3rd touch in the beginning of this year (2018), which confirms this trendline. It's not the strongest trendline ever, but it's a thing you need to keep in mind. -The 92 level is very strong. 6 touches already which is quite a lot. Also, those trend/channel lines are close to that level. Predictiing what price will do if this drops of, price is likely to form up a inverse head and shoulder, which is also more evidence that price might go up. Conclusion : We are still in a bear market here, but we've got quite a lot of evidence that price is about to change direction to bullish in the near future. WEEKLY CHART Zoomed in, we see a clear rejection at the highs, actually indecision, but strongly rejecting the 'edge'. -Solid break above 95 means we see an uptrend starting. -For now, heading down towards 90 to test levels again for more support. Conclusion : Definitely bearish after the sell off around the 'edge' of the breakout level. DAILY CHART On the daily price already broke a wedge to the downside. -Price might struggle around the 92.5 area, but futher targets are down to 90. Clear wedge break. Conclusion : Same as on the weekly, bearish outlook. 4HOUR CHART Same view, little bit more data, still bearish.
TVC:DXY
by VanSteenMarketResearch