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Multiple Time Frame Analysis

Gold- 2655-2660 zone remains key for bulls on medium-termLast week's price action was mostly range-bound, characterized by sharp spikes in both directions but lacking a clear trend—challenging conditions for medium-term swing traders. In my last two posts, I shared a moderately bullish bias and even managed a sniper entry at the NFP low. However, Gold failed to sustain upward momentum, so I opted to close the trade with a modest 100-pip profit. Looking at the bigger picture, bulls have shown resilience around the 2620 level. Even last night’s losses were quickly reversed after the market opened, which is another encouraging sign for bullish momentum. That said, a critical resistance level around 2655 continues to cap any medium-term uptrend. For a more substantial move—potentially 400-500 pips—this resistance must be decisively broken . I maintain my bullish outlook and will look to enter on dips. If and when the price breaks above the 2655 resistance level, I plan to double my position to capitalize on the potential upside. However, a daily close below 2620 would invalidate this scenario and prompt me to reassess my strategy.
OANDA:XAUUSDLong
by Mihai_Iacob
9
EURUSD / M15 / SHORTEURUSD May Fall from the Bearish Order Block Bearish Order Block: 1.05683 and 1.05632 EURUSD is currently following a downtrend, and a potential bearish order block has been identified between 1.05683 and 1.05632 on the M15 timeframe. If the price retraces to this order block, it presents an opportunity for a short position. With strong bearish momentum in place, there is a high probability that the price will respect this zone and continue downward, aligning with the overall market structure. I've outlined two take profit targets for this trade setup, offering clear risk management and reward opportunities. Let’s monitor how the price reacts to the order block and unfolds further. EURUSD / M15 / SHORT LOT :- 0.2 Entry Price :- 1.05630 Take Profit :- 1.05222 Stop Loss :- 1.05752
Short
by PraveenTrader1
EURUSD prime setupWeekly timeframe () - First time trying to switch from a bullish to a bearish market structure - Bullish candle (retracement) - Bullish supply and demand zone: bears could have kicked in yet the bulls managed to close back above this zone (false break trading back above) Daily timeframe () - Bullish M - Inverse head and shoulders - At least weekly relief so daily market structure irrelevant 4H timeframe () - Inverse head and shoulders without break of structure (SL below head) - When dissecting the pattern on the 1H/2H timeframe there is no immediate reaction on the high making it valid to execute
Long
by VictorDierickx23
XAU/USD 10 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Bias/analysis remains the same as analysis dated 25 November 2024. Price Action Analysis: As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed. Currently, price is trading within an established internal range. Intraday Expectation: Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Today's analysis and bias will remain the same as analysis dated 26 November 2024. Price Action Analysis: Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low. A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low. Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range. Intraday Expectation: Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310. Alternative Scenario: The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds. Note: Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Does the Canadian dollar have a bullish surprise up its sleeve?This is the question I am asking myself as we head into 2025. CAD has been the weakest major for some time now based on the BOC's easing cycle, and we saw a record level of net-short exposure against it in August, and another surge of shorts in November. This strikes me as a stale trade that is vulnerable to a shakeout, and it might not require a particularly large catalyst for CAD bears to capitulate and send USD/CAD lower. MS
Short
by CityIndex
60% crash for SOLANA to $100 on the horizon? ** A forecast for the months ahead ** SOLANA bulls are tenacious, their resolve for project and price appreciation is unshakable. But we're in the business of making money not pandering to reclusive developers and empty promises. As with all Ponzi schemes, they melt down as fast as they melt up. We can benefit from those opportunities or supply them. 90% of those reading this volunteer the supply route. Why should profits now be taken? On the above 5 day chart: 1) Price action is up 2400% from floor. 2) Price action and RSI Support breakouts. 3) Regular bearish divergence. Unlike other divergences, this one is measured over the same period of time as the bullish divergence in October 2022 that started the bull market. You think this time is different? 4) Gravestone DOJI candle print. (see chart below). Is it possible price action continues upward? Sure. Is it probable? No Ww 5 day Gravestone DOJI
Short
by without_worries
34
XLM- SECOND TRY- BULLISH PENNANTThe previous trade hit the SL, and since then, we've been waiting for a solid opportunity. This idea seems promising. However, keep the SL tight and aim for the sky with your TP. The probabilities have shifted to 50% bullish and 50% bearish, but remember, we're in a bull market. A bullish pennant is forming, presenting a potential breakout setup. Stay disciplined, control your greed, and may the odds be ever in your favor. Best of luck, God bless all of you traders!
CRYPTO:XLMUSDLong
by Jaytradermb
5