BTCUSD - Trade Plan & Top Down Analysis== Key Takeways ==
* Wait for pullback to enter on 4 hour timeframe
* First target ascending level of resistance
* If we manage to trade back into the previous channel, monitor the 200 SMA on both the daily and weekly for continuation to the upside
* Monitor inflation figures this week with CPI on Tuesday and PPI the following day on Wednesday.
Topdownanalysis
NASDAQ 100 BIAS // OUTLOOK IDEAHey guys! I want to do this more often so maybe every Monday // beginning of the week I can take the time to record me explaining my bias so I can journal as well as share why I see the market the way I do so that way It's both a learning experience for me and whoever else stumbles across this!
I want to this this so I can also keep track of my bias beginning of the week to how it has changed on Friday at the end of the week. So maybe eventually as I do these more I will also add End of the Week overviews as well!
I hope you guys enjoy, Thank you for watching and I promise as I do these more the content will only get better and I learn to share more/better value with you all!
Good luck and Good Trading!
XAUUSD - Top Down AnalysisThere are lots of reasons to be bullish Gold and in today's top down analysis, I'll give you my full technical outlook and when I think is the best time to enter and potentially exit this trade.
Let's start by taking a look at the 4hr chart above. The first thing I notice is that Stochastics is in the overbought territory which makes me hesitant about buying right away. Ideally I'd like to wait for Stochastics to be oversold to enter any long positions.
With my guess, if Gold does decide to pullback and Stochastics drops from the overbought territory, I suspect the 200 SMA could very well act as a short-term pivot point.
Let's now take a look at the daily.
== DAILY ==
With the daily chart, the first thing I notice is the 3 white soilders present on the screen which is a continuation confirmation. This comes following a bullish breakout to the upside with a pullback to support which was previous resistance. Furthermore, Stochastics on the daily timeframe is in the oversold territory which for me adds an additional layer of conviction.
Lastly, the weekly.
== WEEKLY ==
Taking a look here, we can see price action is currently well supported by the strong support zone going all the way back to early 2021.
== IN SUMMARY ==
ENTER: Wait for 4hr pullback towards 200 SMA (Around 1750)
EXIT: Target 200 SMA on daily timeframe (Around 1835)
How To Analyze Any Chart From Scratch - Episode 12Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on HNT, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
How To Analyze Any Chart From Scratch - Episode 3Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on SILVER, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous two episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DAY TRADING STRATEGY USING TOP DOWN ANALYSISIn this video i walk you through my day trading strategy from higher time frame to lower time frame.
In the video, you will discover;
How to day trade
How to analyze the market from a higher time frame to a lower time frame
How to pick the best trades that win.
How to mark your support and resistance.
How to follow the trend and many more.
NZDJPY 4 Hours Chart Technical ProjectionHello Traders
It's me again Opizzlefx.
I have spotted a good selling opportunity for NZDJPY and if you have this pair in your watchlist, i recommend not to miss it. I have gathered all my informations right from the Weekly timeframe and i noticed that it is ready to make that big corrections to the downside. Thus going to the lower timeframe like the 4 Hours timeframe, i saw a good continuation pattern.
Feel free to comment if you do not understand the analysis well and i will explain further.
Thanks
Regards.
EURJPY 4 Hours Technical Chart AnalysisHello Traders.
It me again Opizzlefx with another analysis on EURJPY
Impulsive phase spotted on EURJPY. This is a good buying opportunity that you shouldn't miss at all. Trade wisely and if you need more analysis feel free to drop comment or message me privately
EURGBP 4 Hours Technical Chart AnalysisHello Traders
My name is Opizzlefx and i have been trading for quite some years and i want to impact traders using my years of experience in the financial market. Kindly follow me for more.
EURGBP 4 Hours Chart Projection showing good opportunity for a SELL. After gathering my information right from the higher timeframe like the WEEKLY Timeframe. Price is constantly making series of Lower Highs and Lower Lows. By going lower to the smaller timeframe i saw a good opportunity for a sell as price is about making the next Impulsive move to the downside..... We shall be making our SELL trade soon when we have good confirmation'
Thanks for reading
EURGBP 4 Hours Technical Chart AnalysisHello Traders
This is EURGBP 4 Hours Chart Projection which has been trending to the downside for quite some time now, making series of lower high and lower low which is visible on the weekly chart timeframe. while on the lower timeframe, i spotted a good opportunity to move price to the downside.
If you like my analysis, kindly follow me and like this video.
Thanks
Regards
USDCHF 1 Hour Technical Chart ProjectionHello Traders
Thank you for viewing my Analysis.
This is USDCHF 1 Hour Chart analysis, After gathering my information right from the Higher timeframe and coming down to the lower timeframe. I observed that the bigger timeframe is projecting a CORRECTIVE MOVE. And within this correction on the weekly timeframe, price made an impulsive move and we shall be expecting a correction which is the move we are projecting. If you have any further information feel free to contact me.
Thanks
Regards.
USDCAD 1 Hour Chart ProjectionHello Traders.
My name is OpizzleFX from Forex Optimal.
This is my view on USDCAD 1 Hour Chart analysis, i started the analysis right from the higher timeframe gathering all my information to determine where the market will heads to next. I am expecting a corrective move which is visible on the 1 hour timeframe. Price still shows a good buying momentum but any moment we will have a good amount of sellers in the market.
Video Review Of AUDCAD Top Down Analysis / Market ReviewHello Traders.
My name is Opeoluwa aka Opizzlefx and i have created this video to explain my view on AUDCAD and my projection. I started my analysis from the WEEKLY timeframe gathering all my information that i need to make a decision on the lower timeframe. If you need to understand this simple method just message me privately.
Thanks for Watching
Regards
EURUSD - Top Down AnalysisKnowing the current situation regarding the war between Ukraine and Russia, my idea is either this war intensifies, or this pair might find a slow grind up towards 1.1250.
== Here are a few comments this morning from the ECB ==
➡️ "We are not seeing signs of stagflation currently"
➡️ "The war in Ukraine will have consequences for EU growth"
➡️ "European & US economies are at different stages of cycle"
➡️ "Geography makes Europe more exposed to the war than the US"
== TECHNICAL ANALYSIS ==
Starting with the 4 hour chart above, price-action is chopping around in a bullish channel with the overall trend remaining bearish. The blue arrow illustration on the chart is just a hypothetical idea of what I expect is likely to happen in the day ahead for this pair.
Let's now take look at the daily timeframe.
== DAILY CHART ==
On the daily chart , we have some conflicting indications between our oscillates which may be causing some confusion amongst traders. Lots of rhetoric from the ECB about inflation and interest rates which also adds to the uncertainty regarding this pair. As illustrated on the chart, price action is finding difficulties breaking above the 50% retrace level of the most recent bearish impulse to the upside. This leaves me to believe that in this type of market condition, perhaps stochastics is the leading clue provider suggesting further downside. Should price-action decide to break and hold above the 50% retracement zone, the 1.11 handle should then be monitored for the next area of resistance.
Lastly, let's view the weekly timeframe.
== WEEKLY VIEW ==
Oscillators are showing signs of a potential reversal on the horizon. Should we get a pullback, monitor the descending resistance for lack of bullish momentum as the overall trend will still remain bearish .
UsdCad Analysis from 21-02-2022The idea shared is an analysis of USDCAD for a mid term swing.
Fundamentally, The CAD has shown strength owing to the recently released
retail sales reports as opposed to the retail sales report from the US earlier on.
Sentimentally, due to the recent shortage in supply for oil, the demand for oil has increased and
given that Canada remains the 3rd largest exporters of oil, we expect to see a rise in the value of CAD.
Technically, the pair has been ranging in a supply zone as shown in the schematics and explained in our analysis video
with the recent break and close below the moving average on the weekly and daily chart.
it is expected for price to fill in the supply zone and then continue downwards.
, price may have to retest the previous support level and face
resistance there for a drop in price.
Our sentimental bias hence is to watch and plan for a sell trade on UsdCad.
Lets go take some risk, lets go make some money, Millionaire Logistics.
USJP SELL OPPORTUNITYHello friends, My take on the United States dollar vs the Japanese yern.
Currently price as approach the upper Trendline of the ascending channel on the 4HTF, same on the DTF with signifies a sell opportunity, I'll be using the 4HTF time frame to spot my entry signal(Reversal candlesticks) and my Target is to support 114.758. Please let me know your take on this idea in the comments section and support this idea by giving it a thumbs up 👍.
NOTE: It's just an idea trade with your Risk management Plan.
NZDUSD: Continuation of the upmove is possibleNZDUSD has tested again its previous lows and once more buyers emerged. The daily studies suggest that a short term bottom is in place. Our initial target for the pair is the 0.6900-20 area. The initial resistance at 0.6830 is broken and now offers support.
We BUY at current levels with tight stops below 0.6825 for 0.6900 target.
Alternatively we will buy again at 0.6800 area setting the stops below yesterday's lows...
Our Top Down Analysis follows...
[Growthbank] AUDUSD Sell IdeaLet's breakdown the technicals of AUDUSD:
Monthly
On the monthly timeframe we see a buy pattern break of structure and retest with a new structure forming.
Weekly
From the break of structure on the weekly, market pushed to a 78.6% retracement and has been forming HH's and HL's since the retest and has formed a rising wedge pattern. The rising wedge pattern is where we have our first indication of the market currently belonging to sellers. A continuation of this pattern will likely lead to that 78.6% zone being retested.
Daily
On the daily structure we drew out our trend lines, identified LH's. Each LH has consistently retraced to the 61.8% zone.
Expectation: Market will eventually buy once that 78.6% is retested. Before that, market will form another 61.8% retracement on the lower timeframe. This retracement zone gives us confluences in a demand zone and along the diagonal resistance zone.
Observation: Market has formed a lower low in the bottom zone, however I don't feel as though that touch was concrete enough to confirm the buy trend.
NASDAQ Top Down AnalysisDaily- Hanging Man Candlestick Pattern. Expecting Bearish Movement.
4H- "M" Pattern/Double Top.
1H- Doji (Indecision Candle) at top of last leg on "M" Pattern.
Expecting price to fully react to pattern once it breaks the neckline. Should see it return to 15000 area to complete pattern.
GBPJPY Top Down AnalysisDaily- Indecision Candle (Doji).
4H- Downtrend. Pullback to 88.6% Fib. Hidden Bearish Divergence. Possible M Pattern seen more clearly on line chart.
1H- Bearish Divergence. Head and Shoulder.
30m- Bearish Divergence.
15m- Bearish Divergence.
Expecting Head and Shoulders/Bearish Divergence to play out and reach 149.588.