EURUSD$EURUSD After top down analysis i'm looking for EU to continue to the upside. DXY also retraced and is likely to continue to the downside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
Topdownanaylisis
DXY$DXY After top down analysis i'm looking for DXY to continue to the downside after Fridays retracement.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
US30$US30 Looking for a move to the upside after a retracement Friday. DXY also retraced and is likely to continue to the downside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
NAS100 $NQ1! After doing top down analysis i'm looking for a move to the downside after a retracement on Friday.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
UJ made a retracement. I'm looking for Bullish movement!After Top- Down analysis i'm looking for UJ to move to the upside.
This is not trading advice or a signal!
The Website should not be relied upon as a substitute for extensive independent market research before making your actual trading decisions.
Gold Top down analysis, what can we expect? Hey guys, im loving this video recording feature on Tradingview so far, much easier to explain ideas!
So i've done a top down analysis here, from the weekly down to trades im potentially looking to trade tomorrow and what we can potentially expect with CPI tomorrow!
Let me know your thoughts in the comments, thanks guys!
EURAUD Investment Plan - 4/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Down.
I am still looking for additional confirmation to be sure about this down move, however, one can obviously take the trade if their strategy allows.
The objective of this idea is to share that the Long term SELL is probably gonna be coming next for this pair.
Look for your SELL setups.
Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
EURUSD CLOSE OR STAY ?! 📉📈Hello guys, a few days ago, I took a buy trade on #EURUSD🇪🇺🇺🇸; I will be thinking if closing the trade would be a good idea because the price has been ranging between intraday price zones. Friday is a bear day, like Wednesday and Thursday📉. This might result in a mini loss or gain.
But buyers could still reverse from the range’s support 🤔📈
I will leave the trade open!
BTC USD - anticipating the low in 2023Update to the full version which is published June 6th 2022.
Review the full article below in linked -
Second link is a private update - now made public.
G'day traders, investors, analysts,
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones.
This is tagged Neutral due to the overall monthly Supply PCP in control, until the opportunity of a rejection of the pattern completion to a fresh demand tap has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - no trade is taken until reactive, break or curve is confirmed. The methodology here is to trade spot and or invest, futures contracts to hold positions for periods over a span of weeks to months. If this is not specifically aligned to 'your strategy' then at least appreciate the structure.
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Orange = Daily
Technical Setup Acronyms
Key:
CP - Continuation pattern
DBD - Drop Base Drop
OP - Original price
DCA - Dollar Cost Average
FL - Fresh Levels
Check the updates to see where the logarithmic charts have taken us.
Analysis's below
Original outlook and full in depth analysis below.
BTC - Outlooks for the Future
A smaller counter trade buy and sell opportunity provided below;
Daily update Short Term CP.
Monthly Chart (no log)
The monthly has created the supply zone at the all time high with confirmations provided on the weekly with a $9,000 ending at a a slight bullish indecision provided a test of the monthly curve (bullish), price broke and retested this with the consecutive bearish move. These two weeks from a $55,000 confirmation sell, provides a fresh supply zone.
Price then on began the slippery slope of creating a 'Low', whereby price put in a lower low, before looing back to a pivot position back between December 2021 with the four weeks, creating a 'base' which aligned with the market structure (left).
The weekly log chart shows
price is below the fair value of BTC comprised of time of writing ($25,100) - technical traders will realise this is the previous PCP level and supply.
Price has now formulated within the weekly zone as a retest, however yet to indicate a deep test of the zone (down to $15,000). Refer to article on historical diminishing returns and the lows of previous years (BTC - outlooks for the future).
The latest Supply FL between $23-25.1k shows the sheer strength of the bearish moves taking place at present, along with the high curve which is being respected.
updates
price has now shown the mid regression band is in affect, where by price is well below the market fair value - with the weekly chart delayed by one day. Refer to BTC USD where the latest engulfing on the daily chart has been provided.
Four Day chart
The weekly and Four day provides the clear picture where the steep curve is intact and yet to be broken on a retest. This is due to the OL still yet to be tapped and the current zone acting as a strong tested zone - whether this will hold.
The four day supplies are nested within the weekly chart so the above information holds as the structure of the market is outlined above.
Daily Chart
Where can price go? - it looks clear upon the current price cycle that price is looking towards the retest of the double bottom at the low of $17,500, this depends on the current double daily bottom of the $18.2k to be over come first.
The downward channel as been creating multiple impulse, corrective and subsequent impulses again - this is due to the market structure (left) this enables the price action to show where price can free fall and where a hurdle has occurred - forming a pivot point for a correction or a consolidative base formation.
latest update
Daily Chart re-aligned for present values as at 16th Dec 2022
all notes above still apply - the only difference now is that after the break of the smaller channel - BTC is indicating a short term pivot to a selling level to continue the sells.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXII
Learn How to Apply Multiple Time Frame Analysis
Hey traders,
In this article, we will discuss Multiple Time Frame Analysis.
I will teach you how to apply different time frames and will share with you some useful tips.
Firstly, let's briefly define the classification of time frames that we will discuss:
There are 3 main categories of time frames:
1️⃣Higher time frames
2️⃣Trading time frames
3️⃣Lower time frames
1️⃣Higher time frames are used for identification of the market trend and global picture. Weekly and daily time frames belong to this category.
The analysis of these time frames is the most important.
On these time frames, we make predictions and forecast the future direction of the market with trend analysis and we identify the levels, the areas from where we will trade our predictions with structure analysis.
2️⃣Trading time frames are the time frames where the positions are opened. The analysis of these time frames initiates only after the market reaches the underlined trading levels, the areas on higher time frames.
My trading time frames are 4h/1h. There I am looking for a confirmation of the strength of the structures that I spotted on higher time frames. There are multiple ways to confirm that. My confirmations are the reversal price action patterns.
Once the confirmation is spotted, the position is opened.
3️⃣Lower time frames are 30/15 minutes charts. Even though these time frames are NOT applied for trading, occasionally they provide some extra clues. Also, these time frames can be applied by riskier traders for opening trading positions before the confirmation is spotted on trading time frames.
Learn to apply these 3 categories of time frames in a combination. Start your analysis with the highest time frame and steadily go lower, identifying more and more clues.
You will be impressed how efficient that strategy is.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
btcusdtperpHello dear traders
I guess that due to the respect of the price to the upper line of the triangle that I drew a few days ago, we will have a cash collection from the top and then from the bottom, after which the main movement will begin.
In the first case: I believe that the first price will hunt the upper line
In the second case: I think the price will go down and then move up
In any case, the part that moves quickly and boldly (either downward or upward) and the candle closes in the form of a shadow, the movement tends to the same side.
So if you want to make a good profit and your stop will not be hunt, wait
luck? i dont think so This time i definitely trusted my system and let it work, unlike i did on the EU, didnt pack an insane RRR but still in profit of a good 0.52%, trade has now tapped into the BE, if u guys analyse my way to manage trades can easily understand that its not made for these ridiculous RRR but for something way more serious that i did miss due to a lack of time to spend on the charts, and a lack of a decent TV plan.
Luckily black friday is coming so, i could finally buy a decent plan; anyways, one of the things that i would like to point out to you is the fact that this position worked out with a centesimal precision ( first partial was at 93.72 and price went to 93.73 ) and this is only one of the things that we can always see happen, because market does not move in random way, but it works with the continous exchanges that are made from weak to strong hands.
Anyway im currently looking to get some POIs and reenter long; recession is going to be long and harmful, so i'm afraid that oil prices will continue to rise and probably get to 129.42 at least.
i will upload a new position hopefully with a good entry this time with some of my good RRR.
EURUSD - Remains Heavily Under PressureStarting with the 4hour chart above.
At time of writing this thesis, I'm not seeing any reasons to go long with this pair leaving only further downside probability in play.
RSI is trading below 50 and larger timeframes remain bearish. See further details below.
== DAILY ==
* Downside pressure remains
* Trading below 200 SMA and 50 RSI
* Bearish channel remains
== WEEKLY ==
* Maintaining bearish channel
* RSI minor indication of bearish resistance as it climbs above 30
== IN SUMMARY ==
Be cautious about going long with this pair as I'm not seeing any reasons technically or fundamentally speaking that confirm a buying opportunity.
EURUSD - TDA (Top Down Analysis)Starting with the daily, we can see price action managed to pullback to the 78.6% from the most recent bullish impulse to the upside.
I'm not suspecting we may get a continuation impulse towards my target as displayed on the chart.
== 4Hr ==
* Price action holding above the 21 MA
* Support buffer between the 61.8 and 78.6 Fib levels
* RSI maintains bullish momentum
== 1Hr ==
* Wedge formation with 2 solid rejections candles in both directions
* Waiting for breakout
== 15min ==
* RSI Breaks above 60 with many holds above 40
* Maintaining ascending channel
== IN SUMMARY ==
Waiting for bullish breakout on small timeframe to confirm my bullish setup towards the daily target as mentioned in the opening.
Detailed Trade Plan for USDCADStarting with the weekly view, this pair is maintaining it's bullish momentum as it looks to test the 1.40 area for the next level of possible resistance. On the other hand, RSI is giving us some early indications that this pair might be getting exhausted as it attempted to break and hold below 70.
Let's now jump down to the daily timeframe for some better clues.
== DAILY TIMEFRAME ==
Friday closed quite aggressively to the upside hovering just below the 1.39 handle. However, I find this pair quite interesting because of the unusual extended price action deviation we have from the 200SMA along with the divergence with RSI . If I were to guess, I'd say this pair is likely to correct in the days ahead based on the technicals currently presented. Let's now take a look at the 4 hour.
== 4 HR TIMEFRAME ==
As illustrated on the chart with the ascending rays, price action is likely to maintain this trajectory for the time being. However, my intuition is telling me that a pullback towards 1.38 has a good chance knowing the fact we had strong rejection off the 1. 40 zone which here I point out as a possible fakeout.
If on the other hand I'm wrong about my "fakeout" analysis, that would mean this pair very well could climb as high as 1.41 in the days ahead. For those like that scalping such as myself, let's take an even closer look at the 1 hour.
== 1 HR TIMEFRAME ==
Most notably about the 1hr chart is that impulse "B" is greater than impulse "A" indicating strong bullish momentum still remains for further upside potential.
Knowing the fact we had a strong rejection following a test of just shy of the 1. 40 handle, if price action is able to climb above that level, I would expect even further upside in the days ahead.
On the downside, before we see a possible impulse "C", I would expect at least a retracement back down towards the previous range of consolidation we had last week heading in the CPI report. This would mean a potential pullback towards 1.3830 - 1.3800. If we break below the 1.38 handle, I would be confident that an impulse "C" as illustrated on the chart won't be as likely.
The 1 hour chart did close out on Friday with a doji candle closing below the previous low. Lastly, let's take a look at the 15 min timeframe for my sniper friends.
== 15 MIN TIMEFRAME ==
From the most recent bearish impulse to the downside, USDCAD managed to recover those loses and closed the day above the 61.8% retracement level.
RSI is showing signs of weakness by providing some divergence with price action.
Heading into the weekend close on Friday, it appears price action managed to break below the ascending mini channel formation.
== IN SUMMARY ==
This pair still has some further upside potential to at least the 1.40 handle but I would expect to see some selling pressure around that area. Smaller timeframes are giving evidence that sellers are present so if you are looking to go long, be cautious for some rapid downswings.