Pivot Points
Multiday OHLC IndicatorMulti-Day OHLC Indicator (Private Access)
This is a custom Multi-Day OHLC (Open, High, Low, Close) indicator designed to identify key price levels based on the daily price action. By calculating and plotting these critical price points, it helps you spot important support and resistance zones, as seen in the chart above.
The indicator helps traders to:
• Identify significant price levels based on recent multi-day price action.
• Spot potential reversal points and trade setups when price approaches key zones.
• Make informed decisions by visualizing multi-day price data on a single timeframe.
This indicator is private and free of cost. If you’d like access to it, feel free to request access, and I’ll grant you the privilege to use this powerful tool for your trading.
Multiday OHLC IndicatorMulti-Day OHLC Indicator (Private Access)
This is a custom Multi-Day OHLC (Open, High, Low, Close) indicator designed to identify key price levels based on the daily price action. By calculating and plotting these critical price points, it helps you spot important support and resistance zones, as seen in the chart above.
The indicator helps traders to:
• Identify significant price levels based on recent multi-day price action.
• Spot potential reversal points and trade setups when price approaches key zones.
• Make informed decisions by visualizing multi-day price data on a single timeframe.
This indicator is private and free of cost. If you’d like access to it, feel free to request access, and I’ll grant you the privilege to use this powerful tool for your trading.
BNBUSDT: Trend in weekly timeframePlease pay special attention to the accurate trend, and colored levels.
You should noted, that the level of 922 is very very ... very important, if touched and if its broken upwards, this analysis is failed.
The chart is very sensitive and you should be very careful with your capital.
Be careful
BEST
MT
I long the MYM1! because it's on 0.618 why not kekw. Before longing this golden ratio, I wanna see the path as illustrated.
Push to the upside Hour open/close back into its own 618
To protect the margin, a hard TP1 43.91 as a 1:1 of the expected initial impulses.
Tp levels.
1.) 43.91
2.) 43.96
3.) 44.07
4.) 44.123
MES1! a nice setup to the downside.Looking on the HTF, my gut say we are bound for the last level presented in the idea.
We have 3 potential pivot therefore 3 take profit areas.
1. 6042.75 - If this becomes support we are unto a big move to the upside. A running SL will be made.
2. 6029.75 - This support is a very strong one which is highly probable to be the pivot we are looking for (IF WE GET ACCEPTANCE BELOW 6042.75)
3. 6015.00 - Expecting a huge bounce here therefore a high probable long setup can be prepared here
How to Identify Significant Liquidity Zone in Gold Trading
A liquidity zone is a specific area on a price chart where the market orders concentrate.
In this article, I will teach you how to identify the most significant liquidity zones on Gold chart beyond historical levels.
Liquidity Zones
First, in brief, let's discuss where liquidity concentrates.
Market liquidity concentrates on:
1. Psychological levels
Above, you can see a clear concentration of liquidity around a 2500 psychological level on Gold price chart.
2. Fibonacci levels
In the example above, we can see how 382 retracement of a major bullish impulse attracts market liquidity on Gold XAUUSD daily time frame.
3. Horizontal support and resistance levels and trend lines.
In that case, an area based on a classic support/resistance level was a clear source of market liquidity on Gold.
Significant Liquidity Zone
A significant liquidity zone will be the area where psychological levels, Fibonacci levels, horizontal support and resistance levels and trend lines match .
Please, note that such an area may combine the indicators, or any other technical tools.
Such zones can be easily found even beyond the historic levels.
Look at a price chart on Gold on a daily.
Though the market has just updated the ATH, we can spot the next potentially significant liquidity zone with technical analysis.
We see a perfect intersection of a rising trend line, 2600 psychological level based on round numbers and a Fibonacci extension confluence of 2 recent bullish impulses.
These technical tools will compose a significant liquidity zone.
The idea is that Gold was rallying up because of the excess of demand on the market. We will assume that selling orders will be placed within that liquidity zone and the excess of demand will be absorbed by the supply.
It will make the price AT LEAST stop growing and potentially will trigger a correctional movement.
Learn to recognize such liquidity zones, it will help you a lot in predicting Gold price movements.
❤️Please, support my work with like, thank you!❤️
SANTOS buy/long setup (12H)The internal structure of SANTOS has become bearish, but we can look for buy positions in the spot market within the support zones.
Buy positions can be considered at the identified support zone.
Targets are marked on the chart.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bullish Breakouts on 4hour Swing Range
All 3 pairs BTC / BNB / SOL could have had the last dip , before breaking out of this 4hour range .
Strong Bull structure on Daily+4H and even 15mins except BNB that broke it .
If we fail to breakout, and break 4hour range lows, then we might see bearish rallies.
Disclaimer This is only an idea and part of trades that I am doing myself and in no way you should follow this blindly. Use risk management in futures trading.
Key Levels Overview for the Week 12.2024(16-20)🔲Key Levels Overview for the Week🔳
12.2024(16-20)
Dynamic Supports🔀
????
It seems there isn't a clear support level for the upcoming week. Looking at the monthly pivot points and using the levels from last week could be helpful.
Dynamic Resistance🔀
2738
2710
2676
Mid Pivot (🫎bull&bear🐻 zone ch trend)
2877
2779
2683
range of supply and demand
2821
2752
2683
#Gold
AUDJPY Further Gains ExpectedHello,
OANDA:AUDJPY has continued its upward momentum, and further gains are expected in the near future. A break and close above the monthly pivot point (1M PP) would signal a major upward move. Before this can occur, the price needs to overcome the 1-day strong resistance level at 97.817 to confirm short-term upside.
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JTO | ALTCOINS | Mixed Signals in BEARs vs BULLsJTO was a hot topic when it was first released and there was a hype surrounding it, like many newly released altcoins (got to get that marketing right 😉)
However, it's been trading very "wicky" over the past few weeks, and the price seems indecisive as a pennant pattern forms. This could play out two ways, and it's likely that the next week will give clearer directions.
I'm largely watching Ethereum, King of the Alts, to make a move before expecting more upside on smaller cap altcoins.
_______________
BINANCE:JTOUSDT
DOGE Dip Incoming? Perfect Entry Below 30cCRYPTOCAP:DOGE
I'm expecting a stronger retrace, although CRYPTOCAP:BTC is holding up extremely well at the moment.
This is just a preparation in case it happens.
Given the current strength of the market, it might not occur, but levels below 30c present excellent entry points.
I anticipate this idea to remain valid only within this month.
USDCAD Correction ImminentHello,
FX:USDCAD has reached a new high. Once sufficient resistance is established, a decline is anticipated. The initial test will be the monthly pivot point (1M PP) and the subsequent support structure. A break below this support would confirm further downside potential.
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NZDUSD Hits 1-Year LowHello,
OANDA:NZDUSD has experienced further downside, reaching a new 1-year low of 0.575375. An upward move is expected, contingent on confirmation at key pivot points. Nevertheless, a break and close below the 1-day strong support level at 0.573881 could precede further downside before a potential reversal.
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AUDUSD Reversal ExpectedHello,
As highlighted in the previous analysis, OANDA:AUDUSD has tested support levels and established a new 1-year low at 0.63366. While upside is anticipated, confirmation will be needed. A reversal is expected.
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USDCHF Reversal Ahead?Hello,
FX:USDCHF has continued its upward trend as previously noted. While a reversal to the downside is anticipated, some volatility is expected. Key resistance levels are at 0.90253 (yearly) and 0.900097 (monthly), which have held so far. A break and close below the daily pivot point (1D PP) would provide initial confirmation of a downward move.
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GBPUSD AnalysisHello,
FX:GBPUSD 's monthly pivot point (1M PP) has acted as resistance, leading to further downside towards the yearly pivot point (1Y PP). With the 1-week low at 1.260805 and the 6-month low at 1.24872, further downside is anticipated. However, the reaction to the 1-day strong support level will be crucial; a hold there could trigger a reversal.
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EURUSD Will be in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD: Indecision & PivotsHello,
FX:EURUSD is currently experiencing a period of indecision, with opinions on its future direction varying widely. While the pair has historically respected an upward trendline, with the 1Y low at 1.033215 serving as a key support level, recent price action has been sideways.
The most recent support level was established at 1.045325. Despite this support, the prevailing sentiment remains bearish. A sustained break below 1.045325 could signal further downside.
Conversely, a sustained break above the 1W/1M pivot point (PP) would be required to shift the near-term outlook to bullish.
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