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Topdownanalysis

EURUSD - Top Down AnalysisI wont' spend too much time explaining my thoughts about this pair. The above chart illustrates in a nutshell my expected predicted projection for EURUSD - around 3rd week price to be around 1.03 Now let's take a closer look at some of my thoughts. Jumping over to the daily. Reasons to be long include: Stochastics Oversold RSI Above 50 Bullish Channel Breakout Price Action Above 200 SMA Lastly the weekly Solid bullish breakout from bearish channel. == IN SUMMARY == My bias has shifted to bullish.
Long
by Michael_Harding
1
USDCAD - Top Down AnalysisStarting with the 4hour chart above, price action currently trades just above the 1.38 handle. As of writing this article, there are still lots of bullish indications in play such as the ascending channel, RSI above 50, and price action above the 200SMA. == DAILY == RSI Divergence Maintaining Bullish Channel Trading Above 200 SMA ( Bullish Sign) == WEEKLY == * Weekly timeframe shows bullish momentum easing off with RSI dropping below 70 * Fairly strong resistance around 1.39 - 1. 40 == IN SUMMARY == Be careful about short selling this pair as further upside is still warranted until some of these bullish indications fade further
by Michael_Harding
Analysis on XAUUSDGold created a double top on a monthly timeframe and then broke out of the neckline which tells us that the trade reversal is a very strong one. we're expecting it to drop down to the next support zone which is 1400. on the weekly timeframe, we can see gold break out of a dynamic support trend line then go down to the monthly timeframe neckline, reverse to hit the previous resistance zone before falling which also tells us that there was a break and retest from the weekly dynamic support trendline. we can also see gold creating a pullback then I drew the fibonnaci from the swing low to the swing high(the retest of the trendline) and we see gold get to the 0.618 fib level and then begin to fall again. with all these, I strongly believe gold is falling massively to the next support zone. it will get there next year lol so its a massive swing trade. SHORT GOLD.
FOREXCOM:XAUUSDShort
by zilotheman
US500 Top Down Analysis!!! Copy and Paste the links below to see the charts i'm referring to in TradingView !!! On the weekly we can see how price this past week opened and rallied higher into the Weekly SIBI and then afterwards nuked lower attacking PWL , and if price breaks below 3720 then I would like to see the SSL as the DOL for the upcoming weeks. On the daily we can see clearly how price this past week formed the HOTW at Tuesday inside the Weekly SIBI before nuking aggressively lower, and what is also apparent is how price engineered SSL with an old Daily low at Friday so that might be the DOL for this week if we get a clean retracement back into one of those Daily SIBIs . On the 4H/1H we simply have this past weekly price-range annotated from High to Low, as we are going to be monitoring how price plays out inside that price-range if it doesn’t break out of it. For more info/clarification concerning this Top Down Analysis don't hesitate to message me.
U
by GizMoney
NASDAQ 100 BIAS // OUTLOOK IDEAHey guys! I want to do this more often so maybe every Monday // beginning of the week I can take the time to record me explaining my bias so I can journal as well as share why I see the market the way I do so that way It's both a learning experience for me and whoever else stumbles across this! I want to this this so I can also keep track of my bias beginning of the week to how it has changed on Friday at the end of the week. So maybe eventually as I do these more I will also add End of the Week overviews as well! I hope you guys enjoy, Thank you for watching and I promise as I do these more the content will only get better and I learn to share more/better value with you all! Good luck and Good Trading!
CME_MINI:NQU2022
by BDripTradess
XAUUSD - Top Down AnalysisThere are lots of reasons to be bullish Gold and in today's top down analysis, I'll give you my full technical outlook and when I think is the best time to enter and potentially exit this trade. Let's start by taking a look at the 4hr chart above. The first thing I notice is that Stochastics is in the overbought territory which makes me hesitant about buying right away. Ideally I'd like to wait for Stochastics to be oversold to enter any long positions. With my guess, if Gold does decide to pullback and Stochastics drops from the overbought territory, I suspect the 200 SMA could very well act as a short-term pivot point. Let's now take a look at the daily. == DAILY == With the daily chart, the first thing I notice is the 3 white soilders present on the screen which is a continuation confirmation. This comes following a bullish breakout to the upside with a pullback to support which was previous resistance. Furthermore, Stochastics on the daily timeframe is in the oversold territory which for me adds an additional layer of conviction. Lastly, the weekly. == WEEKLY == Taking a look here, we can see price action is currently well supported by the strong support zone going all the way back to early 2021. == IN SUMMARY == ENTER: Wait for 4hr pullback towards 200 SMA (Around 1750) EXIT: Target 200 SMA on daily timeframe (Around 1835)
OANDA:XAUUSDLong
by Michael_Harding
How To Analyze Any Chart From Scratch - Episode 12Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today we are going to go over a practical example on HNT, but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. You can find the previous episodes below "Related Ideas" Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
HEducation
by TheSignalyst
54
How To Analyze Any Chart From Scratch - Episode 3Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today we are going to go over a practical example on SILVER, but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. You can find the previous two episodes below "Related Ideas" Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
FOREXCOM:XAGUSDEducation
by TheSignalyst
27
NZDJPY 4 Hours Chart Technical ProjectionHello Traders It's me again Opizzlefx. I have spotted a good selling opportunity for NZDJPY and if you have this pair in your watchlist, i recommend not to miss it. I have gathered all my informations right from the Weekly timeframe and i noticed that it is ready to make that big corrections to the downside. Thus going to the lower timeframe like the 4 Hours timeframe, i saw a good continuation pattern. Feel free to comment if you do not understand the analysis well and i will explain further. Thanks Regards.
Short
by opizzlefx
EURGBP 4 Hours Technical Chart AnalysisHello Traders My name is Opizzlefx and i have been trading for quite some years and i want to impact traders using my years of experience in the financial market. Kindly follow me for more. EURGBP 4 Hours Chart Projection showing good opportunity for a SELL. After gathering my information right from the higher timeframe like the WEEKLY Timeframe. Price is constantly making series of Lower Highs and Lower Lows. By going lower to the smaller timeframe i saw a good opportunity for a sell as price is about making the next Impulsive move to the downside..... We shall be making our SELL trade soon when we have good confirmation' Thanks for reading
Short
by opizzlefx
USDCHF 1 Hour Technical Chart ProjectionHello Traders Thank you for viewing my Analysis. This is USDCHF 1 Hour Chart analysis, After gathering my information right from the Higher timeframe and coming down to the lower timeframe. I observed that the bigger timeframe is projecting a CORRECTIVE MOVE. And within this correction on the weekly timeframe, price made an impulsive move and we shall be expecting a correction which is the move we are projecting. If you have any further information feel free to contact me. Thanks Regards.
Short
by opizzlefx
6