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Multiple Time Frame Analysis

ASX dragged lower by the DowThe Dow Jones futures market fell for an 8th consecutive day on Monday, a bearish sequence not seen in over 12 years. And that's not good news for ASX 200 bulls, as the index tends to track the Dow very closely. The daily chart looks like it wants to head to 8200, and it just 1 - 2 bearish trading days away from it looking at a typical day's range. The 1-hour trend has favoured bearish swing traders, who could seek to fade into moves towards the 20-50 hour EMAs.
ASX24:AP1!Short
by CityIndex
BTC.D: A Critical Turning PointThe current zone is pivotal for confirming the bearish scenario on BTC.D. Key Points: - Death Cross on the 12h chart confirmed last week. - PA is retesting EMAs after the cross, increasing the likelihood of further downside. - This is a zone to add positions if weakness confirms. Main Scenario: 1. Retest completion → continued downtrend. 2. Major support lies around 53%, with potential for deeper declines. Risks: A sustained move above the current MAs could invalidate the bearish outlook.
CRYPTOCAP:BTC.DShort
by Goldfinch_song
GBPUSD Potential Setup - Waiting for confirmationTime Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715 On the Daily chart also note FVG between 1.2680- 1.2712 2. Trend Confirmation: Price has break consolidation support at 1.2715. Price has now rising back to Daily FVG area. 3. Position: Entry: Waiting Confirmation Stop Loss : 1.2720 Take Profit: 1.2500 (fibo 161.8) RRR : 1:10x Note: Still waiting for entry confirmation. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Short
by Phoenix-Rise-Trade
1
BTCUSDT 4h-8h long updatelast BTC idea was a succes check it out for reference. we managed to find good support on the SND after some bloody absorption which made me take a nice and easy 2rr trade. it might not seem much to some of you but this is how real trading goes. actual analysis, actual trading rules, actual entry criteria and a good amount of backtest data to back it up. this is what makes a profitable trader. I tried to look for a re-entry on the second SND touch but it didnt match my entry criteria so i sat on my hands. I'll be looking for new trades now since another big MB was formed which needs to be mitigated ofcourse.
by BreadFish
S&P is Shaping a Bull Flag While Awaiting the FED DecisionLast week was characterized by increasing selling pressure that hindered upward price progression but failed to trigger any substantial pullback. The market has not even retested the previous consolidation zone ( 598-601 ), which highlights the weakness of the sellers. Looking at the daily chart, the recent price action resembles a bull flag, favoring a continuation of the upward trend. For sellers to demonstrate their strength, they must not only break this pattern to the downside but also breach the 598 support level and drive the price further down to 594 . Much will depend on the Federal Reserve's interest rate decision this week, alongside the release of key economic data. The most favorable outcome for the bulls would be a 0.25% rate cut. Any other scenario could spark concerns—either about an impending recession (if the cut is larger) or about a prolonged high-interest-rate environment (if the cut is absent). The market outlook remains bullish; however, the current price level is not ideal for new long positions. Buyers would be better served by waiting for a more meaningful pullback (e.g., to the 600 level), provided it is not driven by a negative shift in economic sentiment.
AMEX:SPY
by hermes_trisme
MATIC - The one token to avoid in 2024Last year I wrote the idea: “MATIC - The one token not to hold in 2023” It was not a popular opinion. Link to idea below. At the time price action was at 97 cents. Down 13% currently in what was arguably one of the most bullish years for markets those past 30 years. What of 2024? Nothing good. A weekly death cross is almost certainly going to print by the month of February. A weekly death cross does not mean price action shall correct immediately, however it is a strong indication of a continuing trend. At the same time a bearish divergence can be seen as price action appears to recover broken market structure. The 3-day chart below shows this divergence more clearly. Is it possible price action continues upwards and onwards? Sure. Is it probable? No Ww 3-day chart negative divergence
M
by without_worries
16
XAU/USD 16 December 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase. Price Action Analysis: Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity, for two possible reasons. 1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high. 2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855. Intraday Expectation: Intraday expectation and alternative scenario as per points 1 and 2. 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. Price Action Analysis: Since last analysis dated 13 December 2024, price has printed a double bearish iBOS Bullish CHoCH has been printed, therefore, we are now trading within an established internal structure. Intraday Expectation: Price has tapped in to M15 supply zone. Technically price to target weak internal low priced at 2,643.595. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Stock Of The Day / 12.13.24 / CLF12.13.2024 / NYSE:CLF Fundamentals. The news background is neutral. Technical analysis. Daily chart: Downtrend. The previous day closed below 11.00 - the level of the last trend break. We also draw the previous day's low 10.77. The level 10.21 formed by the trend break in September is ahead. Premarket: no activity. Trading session: The price is in accumulation above the 10.77 level after an unsuccessful attempt to return beyond the 11.00 level at the beginning of the trading session. Then price continued to tighten to 10.77 after an unsuccessful attempt to reverse to long at 10:30 a.m. We consider a short trade in continuation of the movement. Trading scenario: breakdown (tightening) of the 10.77 level Entry: 10.75 aggressive entry upon breakdown of the level. Stop: 10.81 we hide it behind the previous accumulation high. Exit: We observe a smooth movement without significant pullbacks after the breakdown. With due patience, you can reach 10.21 or close the trade in parts in accordance with your trading system. Risk Rewards: 1/8
NYSE:CLFShort
by AlexX31
6
Stock Of The Day / 12.12.24 / PLAY12.12.2024 / NASDAQ:PLAY Fundamentals. CEO resignation amid yesterday's negative report. The so-called second-day trade. Technical analysis. Weekly chart: Exit down from multi-year accumulation. Daily chart: The previous day closed near the strong level 29.34 formed by the trend break in September. We expect a continuation of the downward movement. Premarket: no activity. Trading session: Pure downward movement after the opening of the session. After the reaction to the level 27.00, the price entered a two-hour accumulation with a gradual tightening to the level. After the breakout, the price clearly holds the level, forming a mini tightening on the opposite side. A failed attempt to return beyond the level in the form of a candle with a tail against the trend strengthens the signal to short. Trading scenario: breakdown with retest (tightening with retest) of the level 27.00 Entry: 26.89 when the structure of the mini tightening is broken. It is acceptable an aggressive entry into the breakdown without waiting for a retest. Stop: 27.14 we hide it behind the tail of the failed return attempt. Exit: After the breakdown we observe a smooth movement without a trend structure. It is optimal to take profit in parts for such movements upon reaching certain target RR profit (1/3, 1/4, etc.) with subsequent tightening of the stop. Risk Rewards: 1/6
NASDAQ:PLAYShort
by AlexX31
Stock Of The Day / 12.11.24 / RBLX12.11.2024 / NYSE:RBLX Fundamentals. There was no significant news. The stock was listed due to the gap and a smooth, non-volatile movement at the beginning of trading session. Technical analysis. Daily chart: Uptrend. There is an attempt to update 59.80 2-years high after a small pullback. The level is not marked on the chart, since the price did not show a significant reaction to it during the trading session. Premarket : Gap Up on moderate volume. Trading session: The stock continued its upward trend movement after an unsuccessful attempt to go below the opening price. The price met significant resistance at the level 60.00 after passing the level 59.19. After a sharp pullback, the price quickly returned to the level and entered a half-hour accumulation with a smooth tighten. We are considering a long trade. Trading scenario: breakout (tightening) of level 60.00 Entry: 60.04 aggressive entry into the breakout with a small reserve for slippage. We do not expect a retest since accumulation with tightening is usually accompanied by a strong impulse movement. Stop: 59.85 we hide it behind the last tail of the tightening. Exit: After the breakout, we observe an impulse movement without a trend structure. It is optimal to take profit in parts for such movements upon reaching certain target RR profit (1/3, 1/4, etc.) with subsequent tightening of the stop. For example, we close part of the position upon reaching RR 1/3, with the continuation of the movement we pulled the stop to the profit level of 1/3, etc. Risk Rewards: 1/4
NYSE:RBLXLong
by AlexX31
Stock Of The Day / 12.09.24 / FUTU12.09.2024 / FUTU Fundamentals . Positive catalyst in Chinese stocks amid positive news from the Chinese government. Technical analysis. Daily chart: pullback on an uptrend. The nearest daily level 109.37 is ahead. Premarket: Gap Up on increased volume. Trading session : The price forms a tightening to the level 101.00 after a strong non-pullback growth from the opening of the session. Around 12:00 a.m., there is an attempt to break the tightening structure in continuation of the initial uptrend with the aim of updating the high of the day 105.00. The attempt was unsuccessful, the high of the day could not be updated and the price continued to tighten to the level of 101.00. We can consider a counter-trend trade in the second half of the trading session, considering that the general direction of the market on this day is short. There were two unsuccessful breakdown attempts at 2:12 p.m. and 2:26 p.m. which is not result in updating lower highs, confirming the strength of sellers. Trading scenario: breakdown (break of base) of level 101.00 Entry: 100.82 aggressive entry below the lower low after an unsuccessful attempt to update lower high. We do not expect a retest because breaking the base is usually accompanied by a strong impulse movement. Stop: 101.25 we hide it behind the last lower high. Exit: Close the position around 98.56 when several long candles appear in a row on increasing volumes at the end of the session. Risk Reward: 1/5
NASDAQ:FUTUShort
by AlexX31
Stock Of The Day / 12.06.24 / DOCU12.06.2024 / NASDAQ:DOCU Fundamentals. Positive catalyst after the release of a positive earnings report. Technical analysis. Daily chart: not informative.  Weekly chart: We observe the exit up from two-year accumulation, free zone ahead. Premarket: Gap Up on increased volume. We mark the premarket high, which coincides with the round level 100.00. Trading session: The price forms a pullback to the level of 100.00 after a non-pullback growth from the opening of the session. We consider a long trade in continuation of the movement, in case the level holds. Trading scenario: pullback along the trend to the level 100.00 Entry: 100.66 aggressive entry on the exit up from the range above the level. Stop: 99.49 we hide it behind the pullback low. Exit: We observe a pronounced trend movement. Close part of the position on 104.27 after an unsuccessful attempt to update higher high. Close the rest on 106.64 after an unsuccessful attempt to update higher low. Risk Reward: 1/5
NASDAQ:DOCULong
by AlexX31
Stock Of The Day / 05.12.2024 / SNPS12.05.2024 / NASDAQ:SNPS Fundamentals. Negative catalyst after earnings report and weak 2025 forecast. Technical analysis. Daily chart: nearest potential support level is 515.00 formed by the nearest break in the trend. Premarket: Gap Down on moderate volume. Trading session: The price forms a pronounced tightening to the level 532.00 against the initial downward movement, after a non-pullback decline from the opening of the session. We are considering a short deal in continuation of the initial movement. Trading scenario: pullback along the trend (false tighten) to the level 532.00 Entry: 529.30 breakdown of the trend line of the tightening structure. Stop: 532.27 above the held level 532.00 Exit: Close part of the position on 520.56 after an unsuccessful attempt to update lower low. Close the rest when exiting upward from the consolidation. Risk Reward: 1/3
NASDAQ:SNPSShort
by AlexX31
XAUUSD - Gold went below $2700!Gold is below the EMA200 and EMA50 in the 1H time frame and is trading in its descending channel. If we maintain the drawn channel, we can witness the continuation of gold's decline and limited visibility of the bottom of the channel. Within the demand zone, we can buy with a suitable risk reward. In case of valid failure of the ceiling of the channel, it is possible to sell within the supply zones. Gold demonstrated a strong performance earlier last week, surging nearly $100 from its weekly low and sparking fresh optimism among traders. However, higher-than-expected inflation data and a stronger U.S. dollar reversed the market dynamics, putting renewed selling pressure on precious metals. The latest weekly Kitco survey revealed that industry analysts are evenly split between bullish and bearish views, with a notable portion of respondents adopting a neutral stance. Meanwhile, retail traders’ optimism for gold remained unchanged compared to the previous week. Marc Chandler, CEO of Bannockburn Global Forex, stated, “Gold saw an $85 rally in the first three days of the week, likely driven by reports of China’s central bank (PBOC) adding gold to its reserves for the first time in months. The metal reached $2,726 per ounce on the spot market on Thursday, marking its highest level in over a month, but then turned downward.” He further added, “Some analysts attributed the price decline to stronger-than-expected U.S. Producer Price Index (PPI) data. Nonetheless, gold ended the week on a positive note, breaking its two-week losing streak.” Chandler also noted, “Since late October, this marks only the second positive week for gold. A cautious approach by the Federal Reserve to rate cuts—indicating that rates will be reduced but further cuts are unlikely next year, with a potential halt to tightening policies in early 2025—could pave the way for another test of the $2,600 level.” This week, the Federal Reserve is set to hold a two-day policy meeting, with monetary decisions expected to be announced on Wednesday. The central bank is anticipated to reduce the interest rate by 0.25%, bringing it to a range of 4.25%-4.5%. Additionally, the Fed will release its updated “Summary of Economic Projections,” known as the dot plot. In September, the median Fed officials’ projection for interest rates by the end of 2025 stood at 3.4%. If this forecast is revised down by more than 1%, the U.S. dollar could face immediate downward pressure. In such a scenario, U.S. Treasury yields may decline, boosting gold prices. Market participants will also closely monitor remarks by Federal Reserve Chair Jerome Powell. Should Powell strike a cautious tone regarding further monetary easing and emphasize a gradual approach, the dollar may maintain its strength against its rivals. Conversely, if he raises concerns about declining labor market conditions and their potential adverse impact on economic growth, the dollar could come under selling pressure. Additionally, on Thursday, the U.S. Bureau of Economic Analysis will release the final revision of Q3 GDP data, and on Friday, the Personal Consumption Expenditures (PCE) Price Index for November will be published. Market reactions to the PCE inflation report are likely to remain muted after the Fed’s announcement. According to Bloomberg, Wall Street is shifting its outlook on the U.S. dollar, as Trump’s policies and the Federal Reserve’s rate cuts in the latter half of 2025 could weigh on the greenback. Analysts from Morgan Stanley to JPMorgan predict that the global reserve currency will peak by mid-2025 and then begin to decline. Société Générale also forecasts a 6% drop in the U.S. Dollar Index by the end of next year.
FOREXCOM:XAUUSDShort
by Ali_PSND
Stock Of The Day / 12.04.24 / FL12.04.2024 / NYSE:FL Fundamentals. Premarket down 19% after earnings report that failed to meet investor expectations. Technical analysis.   Daily chart: nearest potential support level is 19.55 formed by trend break from 10.27.23 and confirmed by false breakout on 11.10.23. Premarket: Gap Down on high volume. Note that the price reached the previously indicated daily level 19.55 and bounced. We mark intraday levels in the premarket: 20.00, 20.50, 21.00, 22.50. Trading session: the price holds the level 19.55 at the opening and goes up. We are considering a long trade. Trading scenario #1 (aggressive): breakout of the upper border of the trading range above 20.25 Entry: 20.26 exit from the trading range Stop: 19.69 below the nearest higher low We observe a reaction to the level 21.00. A false breakout happened, then a small pullback on decreasing volumes and a quick return behind the level and its clear holding for 5 minutes. We are considering a long trade. Trading scenario #2 : breakout with retest of the level 21.00 Entry: 21.25 exit from the trading range on increased volume Stop: 20.97 we hide it for the held level 21.00 Exit: A directed trend movement is observed in the direction of the trade. Close part of the position before the level 22.50, close the remaining part on 22.45 after an unsuccessful attempt to update higher high. The trade can also be closed in parts (for example, part of the position RR 1/3, another part RR 1/5, etc.) in accordance with your trading system. Risk Reward: 1/5
NYSE:FLLong
by AlexX31
Stock Of The Day / 12.03.24 / INDI12.03.2024 / NASDAQ:INDI Fundamentals. Premarket down 20% after news of $175 million private offering of convertible senior notes. Technical analysis. Daily Chart. Daily level 4.00 formed by a break in the trend on the daily chart on 11.18.24 is ahead. Premarket. High premarket volume. Gap Down. Trading session. Intraday level 4.40 was formed in the first hour of the session and the price was tightened to the level. After breakout of 4.40 at 11:44 a.m. there was no significant impulse in the direction of the breakout and the price quickly returned and consolidated below 4.40. We are considering a short deal. Trading scenario: false breakout with retest (false tighten with retest) of level 4.40 Entry: 4.37 after second touch and pure level holding Stop: 4.42 above the high of consolidation Exit: There is a pure trend movement in the direction of the trade. You can close part of the position before the low of the day 4.10, and hold the rest until the close of the session or close this trade in parts (for example, part of the position RR 1/3, another part RR 1/5, etc.) in accordance with your trading system. Risk Reward: 1/7
NASDAQ:INDIShort
by AlexX31
Stock Of The Day / 12.02.24 / SMCI12.02.2024 / NASDAQ:SMCI Fundamentals. Positive news - the special committee found no evidence of misconduct. Technical analysis.   Daily chart. Strong day level 40.0 is ahead. This level was held and confirmed by touches and false breakouts for several months. Premarket. High premarket volume. Gap Up. Trading Session. The first reaction at the level is a clear rebound at 10:40 a.m., then a pullback on downward volumes. 11:18 a.m. false breakout of 40.0 level, then a very small pullback on decreasing volumes and a quick return to the level. We are considering long trade. Trading scenario: breakout of level 40,0. Entry: 40.40 breakout and holding behind the level. Stop: 39.59 we hide it behind the low of the breakout candle. Exit: Close part of the position around 43.7 when signs of weakness in the uptrend appear. Close the position around 42.74 after an unsuccessful attempt to update the high of the day. Risk Rewards: 1/4
NASDAQ:SMCILong
by AlexX31
Daily analysis of intraday trading in US stocksWhat is this blog about? The blog is dedicated to intraday trading on the US stock market (NYSE, NASDAQ exchanges). After each trading session, I choose the most interesting and understandable stock in terms of making a profit and do a detailed analysis of it, indicating the prerequisites for opening a position, entry and exit points. The analysis is conducted in accordance with the applied trading system, which is based on the price reaction to horizontal levels (rebound, breakout, false breakout) and volumes. I do not use indicators. Each analysis is accompanied by a screenshot of the trade. There is a daily (and in some cases, hourly) chart in the upper part, which is used to analyze the overall picture and draw daily levels. There is a minute (in some cases, two-minute) chart in the lower part, which is used for intraday analysis, drawing intraday levels, entering and exiting a position. What is the practical benefit of trade analyses? Broad visual experience is one of the key components of successful trading on financial markets, in addition to the trading system, psychology and risk management. Normally traders spend thousands of hours looking at charts before it starts to bring positive results. However, simply looking at the chart is not enough. We need to understand what exactly we are looking for there and what situations allow us to make a profit with a higher probability. Analysis of trades helps to solve one of the main problems of beginner traders - lack of visual experience, and for experienced traders this is an opportunity to add/correct their trading system with new trading scenarios. How to select stocks for trading? It is important to select the right stocks every day that have the potential to make a profit with a high probability, in order to be successful in intraday trading. Main criteria for selection: 1. High liquidity (trading volume from 1,000,000 units and above) 2. High activity in the premarket 3. Pure directional movement 4. The stock movement does not repeat the market movement 5. "Respect" for levels both in the premarket and in the main session 6. The presence of a catalyst for movement (news, earnings, technical etc.) These criteria are perfectly suited to the so-called Stocks In Play, which make significant non-standard movements within one trading session, which often exceed the standard price movement (ATR) several times, influenced by a strong catalyst background.
AMEX:SPY
by AlexX31