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HTF

GOLD Equilibrium| Structural Resistance| Trade Set UpToday’s Technical Analysis – GOLD – trading in an equilibrium likely to retest high time frame resistance upon a break Points to consider, - Confirmed break and retest for validation - Define risk at recent swing low - Technical target at HTF resistance - Price action to monitor Gold needs to break its current resistance and establish a retest which will allow for a long entry. Risk will be associated with the most recent swing low as this is a breakout trade with a quick invalidation. The technical target is association at structural resistance, strong pivot area where price action can help with the directional bias. Overall, in my opinion, GOLD will break out of this equilibrium; a long trade will be valid upon a bullish break with the technical target being structural resistance. A break below support will invalidate the trade setup What are your thoughts? Please leave a like and comment, And remember, By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.” Larry Hite.
TVC:GOLDLong
by The_Alchemist_Trader_
2
Bitcoin - HTF View: WeeklyBecause of a lot of noise on LTF I decided to briefly overview weekly timeframe. The current chart has a daily timeframe for greater clarity. Resistance here is a block $7000-7300, so to turn really bullish bitcoin needs to hold up above weekly resistance, purple thing on the chart. So, I think until we close above $7300 any growth even up to 7200 can only be considered as a resistance test. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
BITMEX:BTCUSD.P
by Bitduke
Pine Script: Live and non-repainting HTF Moving AveragesHello Everyone, While using "Security" function for Higher Time Frames (htf) you must accept "Repainting" issue or better you must use previous day data such "security(syminfo.tickerid, 'D', close , lookahead=barmerge.lookahead_on)" that's best normally (or barmerge.lookahead_off). But the problem is (as you can see) it uses previous day data, and this causes latency. So how to draw LIVE and NON-REPAINTING HTF moving averages? Until the last candle of higher time frame all is fine and no repaint issue. when it came to last candle of HTF and if we use real data, (because of we can not know the future) while price is changing it starts drawing on each candle of current period without correcting old ones (this is repaint issue). it needs to calculate number of curent times frame candles for higher time frame and must change all points as in that period as you can see in the video (non-repainting one). we have "50 lines" limitation in current Pine version. we hope to have unlimited lines in next version. This work is completely experimetal. btw Thanks to all Pine Platform Developers, They are doing very good job! Enjoy!
GEMINI:BTCUSDEducation
by LonesomeTheBlue
13
AUD/JPY Trade Setup (High Probability)We've reached the structure high of the ascending channel (as mentioned in the previous post) and have correctively broken it on the 15min timeframe (with a rising wedge). We've now broken back into the channel but since it's the daily close, we're going to wait until the spreads calm down (which usually takes an hour or so after the daily close). I'll be entering on the close of the 1hr retrace with a 15 pip stop (just above the structure high). This is an update on the forecast that was done this afternoon.
Short
by mohammed0141
1
AUDJPY - NEUTRAL - 4HR BEARISH CYPHER Hi All, here we have a Bearish Cypher - how ever I do not think we will see this get here, I think we will break past the C Leg which will invalidate this pattern. We may test the C Leg and bounce back before continuing to the downside. I have 3 or 4 key levels that I will be watching price action along with RSI and some other filters. We have 141 and 127 FIB Ext Confluence and also close to the 81.0000 even number. If we continue straight down and miss these levels I will be very interested to see what happens at the Major Support Blue Lines - confirmation from HTF these are respected levels. Happy Trading
by Oztrade
6