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Highertimeframe

Am I the only one seeing this obvious SNOW breakout signal?Hello to anyone new to my analysis - I’m typically a video person because it’s hard for me to truly share the story of a chart like I do in my videos in a plain form such as the one I’m attempting here. (No disrespect for those who don’t like videos! I just want to share knowledge if it helps anyone). Anyway! We’re looking at a daily chart here and there’s quite a clear head and shoulders forming which created beautiful left shoulder liquidity and is in the process of building the second as it attempts to break out. For those who don’t trade “chart patterns” - they are simply an alternative way of seeing how the internal workings of the market are playing out. For example, Similar to a h&s is a cup and handle which is where we have price that more sellers than buyers agree on. This creates a “resistance level” similar to the pink one we have on the chart. The ensuing drop is simply to allow 1. Sellers to enter the market, set stop losses above the resistance level, and eventually take profit and become buyers again. I.E. LIQUIDITY! Liquidity is that building of buy and sell orders, limit orders, stop losses, take profits, etc. so that when we finally have enough buyers in at a high enough agreed upon price, large “institutional” buyers can return to that “resistance level” and smash through it - hitting stop losses, creating new buyers, and there you have a breakout! Sorrry for the tangent - even though my trading is almost fully based off of technical analysis and what money would just call trend lines - what it really is built on and what I teach all to my students first is market dynamics and how and why all this movement happens - and then, with what I’ve studied and built over the past few years, I can analyze a chart and identify when there moves will happen and where we can see them going before market dynamics/i.e more liquidity is required for further movement. It’s a fun and simple game. I dont go into it in depth here on this analysis but that’s what you will find in my video. Back to SNOW - we can see clear TAPERING happening - the key to all reversals - from red selling to yellow more tapered selling. Meaning, sellers intention is weakening and we can activate a buying continuation such as the white or green to grab all the liquidity and break us out to the upside. Of course we will need to activate a strong buying continuation to make real movement and I will be doing a much more in depth video on this tmrw to understand what a confirmation and entry could look like here. Currently retesting a breakout of strong selling red so let’s see if we can an activation and confirmation of white. There are lower time frame signals that I will go through in my video that are signaling that happening so that we will be able to get a pinpoint entry trade as we’re always looking for. Thanks for checking this out hope it was helpful - as always I’m happy to connect with anyone who has further questions or recommendations. And of course this is for educational purposes only. Please check out my videos for furthrr analysis like this and much better! Happy Trading :)
NYSE:SNOWLong
by ReigningTrades
SILVER / XAG - WILL WE SEE A CORRECTION AFTER ALL?My analysis today deals with how the further course of our most popular precious metal "SILVER / XAG" could look. > The technical analysis and selected indicators, confirm the thesis of an imminent correction. = Why, that I explain after the introduction. The DXY / USD has a non-negligible impact on GOLD / SILVER, as the whole economy depends on its behavior. > Meanwhile, this seems to take run-up, for a final upswing, which could bring the precious metal under massive selling pressure. > Regardless of these selling pressures coming from the USD, SILVER has been somewhat caught at a very strong resistance, which foreshadows a falling price. In the following, the analysis goes into detail, so that the significant levels and areas are known to you. For this purpose, I have performed a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month & week) and thus makes the big picture visible. Normally all time units below "1h" are called noise, but even a - 1h-4h - analysis is of no use to you, if the knowledge about the big and whole is missing. > We traders know that no one can predict the future and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, that means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT, I have explained in detail in the following pages. Table of contents 1st part = INTRODUCTION 2nd part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame 3rd part = CONCLUSION PART ONE "INTRODUCTION" After "XAG/USD" formed a top at USD 50 in April|2011, a strong sell-off has been unleashed thereafter. > This sell-off extended 9-years to the market peak of the Corona crisis, where we formed our current existing low. > After this significant low of 11.64 USD (level last seen in 2009), investor fear subsided and a massive 159% buy-in, to over 30 USD, happened. > Since this very extreme upward movement, the price corrected a little to compensate for this extreme. > In recent weeks, we have seen a very strong upward movement, which I believe is on the verge of a correction. = We are at the upper resistance line of a downtrend channel, which has been respected by the price since the top was formed. = The significant Fibonacci level of 0.618 (of the downward movement so far) was reached and tried to be broken twice without success. = The "DAILY" - MACD + RSI - both show divergences, which further strengthens the correction thesis. > Once you look at the DXY (USD index) at the higher time levels, the further sell-off in the Traditional Markets becomes even more likely. (My DXY analysis is linked below this post, for confirmation purposes). SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels, I proceed according to the onion-skin principle. > MONTH - level > WEEK - level > DAY - level These are divided into > SUMMARY > CHARTS The charts are presented in logarithmic scaling, as the given information can be visually presented in a more harmonious way. (This also refers to Fibonacci levels.) 1st MONTH – Time frame SUMMARY The trend channel shown in the chart, in turquoise, was formed since 1971 and has been able to maintain itself as a legitimate trend channel since then. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is in the area below the mid-trend line and had challenged it over the last few months. The trend channel shown in the chart, purple, formed since September|2020 and directed the downward movement since then. > The price is at the upper end of the channel and already shows weakness, which could end in a further sell-off in the channel. The trend lines drawn in the chart, in gold, formed in the 70s and turned out to be extremely good resistance or support areas. > The price bounced twice in the recent upward movement and is meanwhile moving towards the lower trendline. If we go into more detail about the "SUPPLY & DEMAND" zones, you can look at two "DEMAND" + "SUPPLY" zones on the chart. > The "DEMAND" zone 1, is WEAK = followed a weak movement. > The "DEMAND" zone 2, is VERY STRONG = followed a strong movement + has not yet been tested by the price. > The "SUPPLY" zone 1, is WEAK = followed a weak movement. > The "SUPPLY" zone 2, is MEDIUM STRONG = followed a weak movement, but has already been tested twice. The Fibonacci retracements should serve us as additional confirmation and have been taken into account in past movements (last decades). > FIB 1 | will serve as resistance should the price attempt another run up. > FIB 2 | are the possible targets, which would be feasible in case of a successful breakout. > FIB 3 | are the final resistance areas, which stand before a new rally. > FIB 4 | are the support areas, for a possible sell-off. > FIB 5 | are the support areas, for a very strong unexpected sell-off. Past highs and lows usually serve as resistance/support, one of which we have. > ALL TIME HIGH | 2011 > HIGHER HIGH | 2021 - Bullish Market Structure = Beginning > HIGHER LOW | 2022 - Bullish Market Structure = Confirmation Some levels of interest are in front of us, which in the last months + years, played a strong role for the market. > The most relevant at the moment - POI (24.25 USD) - represents an important mark already since the year 1980 and thus currently occupies a very strong resistance role. > The other POIs are by no means negligible and will play a role in the price development in the coming days, weeks and months. (Therefore, take your time and transfer the ones that are relevant for you into your chart). OVERVIEW CURRENT RELEVANT CHARTS XAG - Overall picture without POIs + without FIBONACCI . XAG - Overall picture without POIs XAG - Overall picture without FIBONACCI ATTENTION In the following time levels, I will only deal with the NEW, added elements. . 2nd WEEK – Time frame SUMMARY Besides the already mentioned trend channel + trend lines, more trend lines become visible. - These have led to reactions in the chart in the past and should therefore be kept in mind. The monthly "SUPPLY & DEMAND" zones are joined by others from the weekly view that coincide with other resistance / support elements. > The "DEMAND" zone 1, is VERY STRONG = followed a Strong move + has not been tested by the price so far. > The "DEMAND" zones 2+3, are MEDIUM STRONG = followed a strong move + combination with monthly demand zone. > The "SUPPLY" zones 1+2+3, are WEAK = followed a Weak movement. + Zone 1 covered by weak monthly supply zone + Zone 2 has no cover by monthly supply zone + Zone 3 is already too old to be a relevant zone. Nevertheless, keep in mind for possible intraday price action. > The "SUPPLY" zones 4+5, are VERY STRONG = followed a very strong move + they defend the past "all-time-high". As further Fibonacci additions we have two more elements: > Both newly drawn elements refer to a possible downward movement. CHARTS XAG - Overall picture XAG - Overall picture without FIBONACCI THIRD PART CONCLUSION "Silver: The gold of the little man " Why this saying could change in the next years / decades, you will learn in a future post from me. > Invest in physical silver (via investment coins = for example - Maple Leaf) that could change your life in the future and belongs in any portfolio. In summary, based on technical analysis, there are strong reasons for SILVER price to fall. > Since the price top in Jan|2021 - the monthly candles were dominated by bearish. > A possible breakout of resistance elements is not impossible, but highly unlikely. > The divergences in the daily RSI + MACD, suggest a bearish sell-off. For this reason, I assume a weak SILVER exchange rate and a strong USD and an accompanying bloodbath in the traditional and crypto markets. > Positioning after confirmation of this thesis = SHORT . If this idea and explanation has added value to you, I would be very happy to receive an evaluation of the idea. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
OANDA:XAGUSDShort
by ZielIstDieAutarkie
4
USD / JPY – A REBOUND BEFORE FURTHER CORRECTION?My analysis today deals with how the further course of our popular forex pair "USD / JPY" could look like. > The technical analysis and selected indicators, confirm the thesis of an imminent correction. = Why, that I explain after the introduction. The DXY / USD has a non-negligible impact on USD / JPY, as the whole economy depends on its behavior. > Meanwhile, this seems to take run-up, for a final upswing, which could bring the precious metal under massive selling pressure. > Regardless of these selling pressures coming from the USD, SILVER has been somewhat caught at a very strong resistance, which foreshadows a falling price. In the following, the analysis goes into detail, so that the significant levels and areas are known to you. For this purpose, I have performed a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month & week) and thus makes the big picture visible. Normally all time units below "1h" are called noise, but even a - 1h-4h - analysis is of no use to you, if the knowledge about the big and whole is missing. > We traders know that no one can predict the future, and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, that means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT, I have explained in detail in the following pages. Table of contents 1st part = INTRODUCTION 2nd part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame 3rd part = CONCLUSION PART ONE "INTRODUCTION" After the "USD/JPY" formed a top at USD 152 in October|2022, a sharp sell-off has been unleashed thereafter. > This sell-off extended until today and could have reached its end. > By could, I mean that there is still room to correct here. The correction can potentially run to 124 USD, where we would encounter a sideways channel. This showed its effect since 1987 and would be a strong support. > The Fibonacci tool confirms us the possible end of the correction, by successfully working through the "golden pocket" (0.618 + 0.65 FIB) = In addition to the sideways channel just mentioned, we are at the center line, of another channel, which led the previous upward movement since the year 2021. > The downward movement is in a downward channel on the smaller time units (daily >) since December|2022 and shows a strong divergence in the daily MACD, which indicates a temporary end of the correction. > Once you look at the DXY (USD index) at the higher time levels, the further sell-off in the traditional markets becomes even more likely. (My DXY analysis is linked below this post, for confirmation purposes). SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels, I proceed according to the onion-skin principle. > MONTH - level > WEEK - level > DAY - level These are divided into > SUMMARY > CHARTS The charts are presented in logarithmic scaling, as the given information can be visually presented in a more harmonious way. (This also refers to Fibonacci levels.) 1st MONTH – Time frame SUMMARY The trend channel shown in the chart, in turquoise, formed since 2012 and has since maintained its position as a legitimate trend channel. Its mid-trend line showed reactions when confronted and was respected by the market. > The price is in the area below the mid-trend line and did not have enough momentum to recapture it when it broke through. The sideways trend channel shown in the chart, in purple, formed since 1987 and represented strong resistance and support areas on the higher time units. > The price is above the channel and could encounter it for the first time at 124 USD. > Should the price touch the level, I expect a strong reaction, in the opposite direction. The trend lines drawn in the chart, in gold, formed in 1990 + 1995 and turned out to be very strong resistance or support areas. > The price bounced twice in the recent upward movement and is meanwhile moving towards the lower trendline. > In addition, we have the blue resistance line, which has been intact since the 80s, but is very unlikely to come into play for the time being. If we go into more detail about the "SUPPLY & DEMAND" zones, you can look at three "DEMAND" + "SUPPLY" zones on the chart. > The "DEMAND" zone 1, is VERY WEAK = followed a weak movement + previous month tested. > The "DEMAND" zone 2, is VERY STRONG = followed a strong movement + has not been tested by the price so far. > The "SUPPLY" zone 1, is VERY STRONG = followed by a Strong sell-off. The Fibonacci retracements should serve us as additional confirmation, and have been taken into account in past movements (last decades). > FIB 1 | will serve as resistance should the price attempt another sell-off run. > FIB 2 | are the support areas, for a very strong sell-off. > FIB 3 | are the possible targets, which would be possible in a very strong sell-off. > FIB 3 | are the final upside targets, which would come into play in case of a bounce. The past highs and lows usually serve as resistance/support, one of which we have. > HIGHER HIGH | 1990 > OLD BROKEN HIGH | 1998 > OLD HIGHER HIGH | 2015 Some levels of interest are before us, which in the last years + decades, played a strong role for the market. > The currently most relevant - POI (126 USD) - represents an important mark already since the year 1988 and thus currently occupies a very strong support position. > The future most relevant - POI (135 USD) - represents, like the current POI, an important mark since the year 1987 and will thus occupy a very strong resistance position. > The other POIs are by no means negligible and will play a role in the price development in the coming days, weeks and months. (Therefore, take your time and transfer the ones that are relevant for you into your chart). OVERVIEW CURRENT RELEVANT CHARTS Overall picture without POIs + without FIBONACCI Overall picture without POIs Overall picture without FIBONACCI ATTENTION In the following time levels, I will only deal with the NEW, added elements. . 2nd WEEK – Time frame SUMMARY Besides the already mentioned trend channel + trend lines, another trend channel becomes visible. > This led the previous upward movement and already served as a support zone against the sell-off. The monthly "SUPPLY & DEMAND" zones are joined by others from the weekly view that coincide with other resistance / support elements. > The "DEMAND" zone 1, is VERY WEAK = followed a Weak move + previous week already tested. > The "DEMAND" zone 2, is VERY STRONG = followed a Strong movement + has not been tested by the price so far. > The "SUPPLY" zone 1, is VERY STRONG = followed a strong sell-off. Smaller time units highs and lows join, the previously named. > OLD HIGHER LOW | 05/2022 > OLD BROKEN HIGHER LOW [08/2022 CHARTS Overall picture Overall picture without FIBONACCI THIRD PART CONCLUSION "Nothing is more expensive than what you get for free." This Japanese proverb caught my eye and reminded me of all the lessons learned, which unexpectedly entered my life. > They materialized through people, animals or other encounters, and to this day they represent the greatest value in my life. > I refer to it, because everyone in this fast-moving time, usually overlooks / does not consciously perceive the most important moments and lessons. In summary, based on technical analysis, there are reasons for a rising "USD / JPY" rate. > Since the price top in October|2022 - the monthly candles were dominated by bearish. > That this pattern is broken is possible, but as noted in the introduction, there are outstanding "key areas", which advocate a further sell-off. > The divergence in the daily MACD, suggests a bullish move. > The USD could get a strong impulse, which would allow a bullish move in this pair. For this reason, I assume a strong "USD/JPY" rate + a weak JPY and an accompanying bloodbath in the traditional and crypto markets. > Positioning after confirmation of this thesis = LONG . If this idea and explanation has added value to you, I would be very happy to receive an evaluation of the idea. Thank you and happy trading! ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
Long
by ZielIstDieAutarkie
4
Potential Right HereHi everyone, In my last post, I talked about the way BTCUSDT will pull back in an aggressive manner, which it did (link down below). Right now, we are resting on previous short-term highs which I explained in my last post too that we might be in a potential buy area. However, looking at how price treats this level, I think we might see some new lows after a short-term pullback to the upside. First, we crossed the 0.618 Fib level, and we almost touched the 0.786 level, which is touched when the trend is weakening. Second, the price is consolidating at this level which usually means a breakout to the downside. The only factor that shows a small short-term upward momentum is the structure of the price where it took the liquidity below the last low formed. In conclusion, I think we might be forming a sort of pattern or consolidation on a higher time frame because, as I said in my last posts, the higher time frame shows some strong bullish factors like the shift in market structure. Please comment if you have any questions, I will try my best to answer them. Thank you😊
Short
by yassin_khanji
2
GBP/CHF SHORT MOMENTUM SIGNAL BASED ON EDGER TRADING SYSTEMThis is the position based on Edger trading system on daily time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. ENTRY : 1.20222 STOP LOSS : 1.21395 TAKE PROFIT 25% : 1.19929 TAKE PROFIT 50% : 1.19636 TAKE PROFIT 75% : 1.19342 TAKE PROFIT 100% : 1.19049 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Short
by theEdger
How the higher time frames help you to avoid unnecessary losses Hello everyone: Today I want to discuss the importance of higher time frame analysis. Doesn't matter what type of trading strategy, method or style you use, the higher time frame often will help us to strengthen our bias overall and give us a good perspective of the possible direction for the price to go. In addition, it helps traders to avoid unnecessary losses and mediocre entries that will eat up your profits. More often I hear traders will execute trades on the lower time frames, and not factor the overall higher time frame bias and perspective. Although entering on the smaller time frame can potentially give you more Risk:Reward, it's often more risky and trades can easily reverse, then hit the stop loss. This often creates stress, negativity, and revenge trading psychology for traders which ended up blowing accounts. I want to give a few examples of higher time frame analysis, how they can help traders to avoid “traps” on the lower time frames, avoid unnecessary losses, and keep the emotion at bay to trade another day. When having a bullish bias on the HTFs, its good risk management to not consider any short term, bearish sell setups. These sell setups may form on the LTFs, but they can easily not continue to your desired target, and reverse up before you have time to react. In addition, traders hate to see profit come and go. So if a trader has a short position running in some profit, but decides to hold onto the trade, and once the position reverses, traders don't want to exit, and then end up holding a losing position to its SL. Examples: AUDUSD: HTF: Overall bias and perspective in bullish LTF: Many LTF bearish setups/development, but due to going against the HTF, they ended up with losses NZDUSD: HTF: Overall bias and perspective in bullish LTF: Many LTF bearish setups/development, but due to going against the HTF, they ended up with losses AUDCHF: HTF: Overall bias and perspective in bullish LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss NZDCHF: HTF: Overall bias and perspective in bullish LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss NZDCAD: HTF: Overall bias and perspective in bullish LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss SILVER: HTF: Overall bias and perspective in bullish LTF: LTF bearish setups/development, but due to going against the HTF, ended up with loss
Education
by jojofang0901
19