FULL BREAKDOWN USD/JPY Good Day Traders !! Here is a full breakdown on this pair, let me know if you have any questions in the comment area before, the entry will be triggered only if all the rules of the strategy are respected. I would suggest to keep this pair on your watchlist to look for opportunities. Also I will be linking my previous analysis about this pair.
Trade safe !!
Multitimeframeanalysis
GBP_USD TECHNICAL ANALYSIS|DOUBLE TOP|SHORT
GBP_USD is trading near the resistance of the rising wedge on 3D chart
And has established a double-top
On the lower timeframe chart
The confluence of these signals make me bearish on the pair
And makes me believe a correction will happen soon
With the target being the support of the wedge
SHORT!
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How to utilize Multi-time frame analysis in your trading
Hello everyone:
In this educational video, I will discuss how I utilize multi-time analysis in my trading.
-What multi-time frame analysis does is to help us to get more clarity on what the overall market is doing from a top down approach.
-Analysis should always start on the higher time frames such as Monthly/Weekly/Daily.
-Then, drop down to the lower time frames such as 4H/1H,30/15/5 Min to confirm the HTF move and look for possible entries.
Price action and structures work inter-related with multi-time frame analysis.
-In a HTF impulsive phrase, there will be many LTF impulses and corrections to push the price up/down.
-In a HTF correctional phrase, there will also be LTF impulses and corrections, but within the larger HTF correction.
The key to multi-time frame analysis is to properly identify the next HTF impulsive phrase, and capitalize it by entering on the LTF price action. This allows you to maximize your R:R greatly.
In addition, combining multi-time frame analysis with price action will also give you clues on where the price is likely to go, hence calculating your targets and anticipating the movement from the market.
As always any questions or feedback please let me know :)
Thank you
Market Profile na Prática - 22/11/20No vídeo de hoje fazemos um recapitulamento das análises de dinâmica de preços e valor da quinta-feira, ver como se comportaram frente às notícias, e o que podemos esperar pro começo dessa semana. Bem como uma novidade interessante para quem deseja começar suas próprias análises no tradingview, ensinando a usar uma ferramenta nova disponível na versão gratuita.