These are my zones I've spotted on GBPAUD. I have my zones color coded to not confuse them with the others since I utilize multiple time frames. I patiently wait for opportunities.
Ok, so I promised I'd make another effort to do more analysis. I am however currently in Taiwan travelling so this will be short.
Here we have another example of how including multiple time-frame analysis in your trading routine can keep you profitable.
Let's go back to 12th November last week on the OANDA:CADCHF (Use the back testing feature on your chart in...
COINBASE:BTCUSD
We could see BTC test the trendline and then finally break $6,600 to start a bull run.
If it breaks below we could see BTC head to the $6,200 level.
IMO BTC will hold at $6,200 if it gets there.
And from there start making it's way up to new highs.
so eurgbp is on a daily/weekly support, but it seems to be it has closed below it; although price is too close to actually tell whether it is just a fakeout so be sure to wait for price action and retest of trendlines on lower time frame. Always react to market do not try to predict it.
Traders!
This is my first Public SPY Update and we are going to be discussing some of the fundamentals and technicals influencing the market at this time.
For those of you who do not know... this is an ETF that tracks the S&P 500 and I am bearish on this market at this point
Lower Structure Zone at 225 (ceiling) / 210 (floor)
Key Bull Level = 270
Key Bear Level...
VERY early release of KTS for those who have contributed to the early efforts of the upcoming Kawaii Trading Suite package.
When you first add this to a chart- nothing will happen. You need to enable the features you want in the indicator's settings menu. Many of these are based off of indicators i've already published (and are linked for in-depth description)....
VERY early release of KTS for those who have contributed to the early efforts of the upcoming Kawaii Trading Suite package.
When you first add this to a chart- nothing will happen. You need to enable the features you want in the indicator's settings menu. Many of these are based off of indicators i've already published (and are linked for in-depth description)....
rwilday noticed some good scalp buys this week from Fractal Resonance Composite lines on a 30 minute ZB chart and (facetiously) asked if it was time to buy big. In this case the 30-minute chart gives too narrow a view, but we can find the dominant timescale candidate on the 8H chart's 128H oscillator (FR_COMPONENT timescale multiplier=16). It's lead line is -87%...
In addition to these incredibly clear harmonic reversal patterns shown, the larger one makes up part of a monthly bearish harmonic pattern that looks the same at the top of a large yearly uptrend. This looks like an incredibly strong indicator of a full reversal into a bear market in about 4 months.
There are also fundamentals that happen to confirm this such as...
After a powerful bullish trend the FX:NZDUSD shows a nice indecision candle on top of a resistance area.
From the price action point of view this usually means that the bullish power might be transitioning to the bearish side. What do i do?
I executed a pending order below the low of the indecision candle to go short. As always i keep my Risk/Reward a 1:2 ...
FX:AUDUSD
In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision...
Trade ideas are based on my anticipation of an inverse head and shoulders.
This should atleast help gaining some orientation for price action and time windows.
Make sure to check out my other charts for more information.
Feel free to leave comments or questions bellow and upvote this chart if this is usefull to you.
Cheers : ]
![XLMBTC: KTS 0.1a [BETA]](https://s3.tradingview.com/r/R6lYRdFB_mid.png "KTS 0.1a [BETA]")
![XLMBTC: KTS 0.1a [BETA]](https://s3.tradingview.com/d/DLe70Id3_mid.png "KTS 0.1a [BETA]")
![AUDUSD: [AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCE](https://s3.tradingview.com/j/jMv5cfkd_mid.png "[AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCE")
