Hi snipers. In the one-day and 4-hour time frames, we are witnessing the formation of a strong bullish pattern (inverted head and shoulders pattern). Usually, after breaking out of the neckline, there is an upward movement equal to the distance from the top of the head to the shoulder line, which in this pattern is about 26%. Of course, nothing is 100% and we must pay attention to the price resistances ahead.
Here AUD/CAD giving us multiple entries. Two market changing patterns formed. 1-> we can enter on breakout of previous HL. 2-> or we can enter on the breakout of S 2.
Summary of Gold 4-hour Chart Trading Strategy (Oscillating Convergence Phase) Key Patterns and Trends Technical Patterns: Bollinger Bands close, price fluctuation range shrinks (3275-3340). Potential Convergence Triangle: Highs move down, lows move up, waiting for the direction of breakthrough. Current range: 3275 (support) - 3340 (resistance), short-term focus on 3320-3330 resistance & 3275-3265 support. Trading Strategy (Cautious Operation Before Non-agricultural) 1. High-altitude within the range Entry point: 3320-3330 (close to the upper track, stagflation signals such as K-line reversal, overbought indicators). Stop loss: above 3340 (invalid if breakthrough). Target: 3275-3265 (take profit in batches). 2. Follow up short orders after breaking support Confirmation conditions: 4-hour closing price falls below 3275, and Bollinger Band opening widens. Adding position strategy: chasing short to 3250-3230, stop loss 3285. 3. Short-term low-long (strict risk control is required against the trend) Condition: first touch 3275-3265 + RSI oversold (
Very Risky, only for the Brave ones. Do not enter this one unless you have spare Capital to possibly lose. This is only a Plot. Whilst these studies do work around 66% of the time, there is always the possibility of a reversal. If your Risk is low, rather stay away. Timing is also important, and setting ones Stop loss will always ensure that when in profit, you do win. As always if you are unsure please consult with your own personal investment Advisor before making any Trades or Investments as most are 12 months or more views. Markets are Choppy and can move in both up and down. Should you appreciate my comments and chart studies - please smash that like button. It's just a click away. Regards Graham
| ? Pair / TF | EUR/USD, 4 h → Lower Timeframes | | ? Bias | Bearish (potential reversal after reaching higher resistance, with RFI divergence) | ? Key Levels (Adjusted based on higher price) Level: ~1.13900 - ~1.14100 (Potential Immediate Resistance Zone - based on possible previous highs or Fibonacci levels not visible on the prior chart) Level: ~1.14954 (Potential Higher Resistance - extrapolating from previous chart structure) Level: ~1.11504 (Previous R1 - now potential support if price reverses significantly) Level: ~1.10777 (Previous Resistance Zone - now potential stronger support if price falls further) ? Trigger (Adjusted) With an entry at 1.1375, you are likely anticipating a reversal from a higher resistance level. Look for bearish rejection signals (bearish engulfing, pin bar) forming around the ~1.13900 - ~1.14100 zone or potentially higher. Crucially, examine the RFI on the lower timeframes (if possible). If the price made a higher high to reach 1.1375, but the RFI did not make a corresponding higher high (or showed a lower high), this would indicate bearish divergence, strengthening the case for a potential reversal. ✅ Confirmation (Adjusted) Confirm bearish candlestick patterns on lower timeframes (1h, 15m) at the potential resistance levels. Look for bearish divergence on the RFI. This is a strong signal that upward momentum is waning. If you are using RSI, watch for a break below the 50 level after the bearish price action. Increasing selling volume on lower timeframes during the rejection would add confirmation. ? Entry & Stops (Adjusted) | ? Entry | 1.1375 (Your Given Entry Price) | | ? Stop-Loss | Above the high of the rejection candle and potentially above the ~1.14100 level or the next visible resistance, depending on your risk tolerance (e.g., ~1.14250 - ~1.14400) | Your entry is already executed. Now focus on stop-loss placement and target levels. Risk: Manage your position size according to your risk tolerance and the chosen stop-loss level. ? Profit Targets (Adjusted) | Target | Level | Pips (approximate from 1.1375) | RRR (depending on stop-loss) | | :----- | :--------- | :----------------------------- | :--------------------------- | | T1 | ~1.13000 | ~75 | Varies | | T2 | ~1.12500 | ~125 | Varies | | T3 | ~1.11504 | ~225 | Varies | Consider taking partial profits at each target level. Adjust your stop-loss to breakeven or in profit as the trade moves in your favor. ⚙️ Trade Management (Adjusted) Monitor the RFI closely for any signs of bullish resurgence. If the RFI starts breaking back above previous highs or its trendline (if one forms), consider reducing your position or closing the trade. Pay attention to price action at potential support levels. Be prepared to adjust your targets based on market conditions. ? Rationale (Adjusted) With an entry at 1.1375, the trade idea is based on a potential reversal from a higher, currently identified resistance level. Bearish divergence on the RFI (if present) would be a key supporting factor, indicating that the recent upward move lacked strong momentum. Bearish price action at resistance would confirm the selling pressure. Targeting previous support levels offers logical profit objectives. ⚡ Highlight (Adjusted): Given your entry at 1.1375, the strategy now revolves around a potential bearish reversal from a higher resistance level, with a strong emphasis on identifying bearish divergence on the RFI to support the short trade. Monitor price action and the RFI closely for confirmation and trade management.
https://www.tradingview.com/x/UfZATfc6/ If you just started trading, you are probably wondering what time frames to trade. In the today's post, I will reveal the difference between mainstream time frames like daily, 4h, 1h, 15m. Firstly, you should know that the selection of a time frame primarily depends on your goals in trading. If you are interested in swing trading strategies, of course, you should concentrate on higher time frames analysis while for scalping the main focus should be on lower time frames. Daily time frame shows a bigger picture. It can be applied for the analysis of a price action for the last weeks, months, and even years. It reveals the historical key levels that can be relevant for swing traders, day traders and scalpers. The patterns that are formed on a daily time frame may predict long-term movements. https://www.tradingview.com/x/4M8R0qvY/ In the picture above, you can see how the daily time frame can show the price action for the last years, months and weeks. In contrast, hourly time frame reflects intra week & intraday perspectives. The patterns and key levels that are spotted there, will be important for day traders and scalpers. The setups that are spotted on an hourly time frame, will be useful for predicting the intraday moves and occasionally the moves within a trading week. https://www.tradingview.com/x/bne1CmDg/ Take a look at the 2 charts above, the hourly time frame perfectly shows the market moves within a week and within a single day. 4H time frame is somewhere in between. For both swing trader and day trader, it may provide some useful confirmations. 4H t.f shows intra week and week to week perspectives. https://www.tradingview.com/x/pu4VM3HL/ Above, you can see how nicely 4H time frame shows the price action on EURUSD within a week and for the last several weeks. 15 minutes time frame is a scalping time frame. The setups and levels that are spotted there can be used to predict the market moves within hours or within a trading session. https://www.tradingview.com/x/uwpMJU8S/ Check the charts above: 15 minutes time frame shows both the price action within a London session and the price action for the last couple of hours. It is also critical to mention, that lower is the time frame, lower is the accuracy of the patterns and lower is the strength of key levels that are identified there. It makes higher time frame analysis more simple and reliable. The thing is that higher is the time frame, more important it is for the market participants. While lower time frames can help to predict short term moves, higher time frames are aimed for predicting long-term trends. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
$VARA Update! This is not meant to be financial advice and I am not your financial advisor. These are my views and my opinions. Today I mostly go over $VARA levels and both bullish and bearish scenarios. $VARA!!!!!!!!!!!!!!! Tokenomic!!!!!!!!!!!!!!!!!!! -Staking rate on NOVA Wallet 34% anual -Review Tokenomics 4.13 Billion Staked up from 4.12 2.799 Billion Circulating Supply up from 2.77 -Etherium Bridge Still on Test Net -Guardian Liquid Staking on Test but making headway -VARA live on BANXA for buys only no swaps. -Not on BrainDex (yet)
Wheat futures have had an interesting short-term price action character change, with a Higher-High printing on the H1. The price action is happening on a weekly level that has formed over the last year. Seasonality also favours wheat higher in the short term, although that is not the basis of this trade idea. In anticipation of a Higher-Low forming on the H1 in this area around local support and the 61.8 fib level, there is a favourable RR trade in this area. I have decided to sell a put spread just below the market. I'm treating a break of the weekly level as a signal to manage the risk on the spread, with a first target at the daily swing high from two weeks ago. I will manage any trailing risk via the H4.
This is a 2-hour chart of USD/JPY showing a bullish setup. The price is currently respecting an ascending support trend line, indicating potential upward momentum. There are two marked resistance levels: the first target around 144 . and the second target near the 146.00– 146.50 zone . The chart suggests a bullish continuation if the price breaks above the first target zone, with the second target acting as a stronger resistance area. Ichimoku cloud support below the price also reinforces the bullish bias.
Gold shows a consolidation pattern forming within a symmetrical triangle. Price action is currently testing the lower support of this triangle. A potential bullish breakout is anticipated if price bounces from the minor demand zone and breaks above the triangle resistance. The upper resistance target lies near the $3320 level. Key support levels are highlighted at $3280 and $3260 Watch for confirmation signals near the breakout zone for potential long entries.