M TF:
• Structure: a series of HH and HL – Uptrend
• MA:
- Price far > 18MA & 40MA – bullish location
- 18MA > 40MA and both are rising with wide separation – strong bullish trend
• MACD: > 0 line and MACD line is far > S line – strong bullish momentum
• Conclusion: Structure is uptrend and supported by strong bullish trend and momentum. Go to W TF for opportunity to go long
W TF:
• Structure: a series of HH and HL – Uptrend. However, there is reversal bar pattern at the top with huge volume.
• MA:
- Price > 18MA & 40MA – bullish location
- 18MA > 40MA and 18MA is separated from 40MA and both are rising and – bullish trend
• MACD: > 0 line and MACD line is far > S line – bullish momentum. However, the value dropped from 122 to 117; this is minor. MACD is still far above 0. This is a normal loss of momentum after a strong rally.
• Conclusion: Structure is uptrend and supported by bullish trend and momentum. Reversal bar pattern at the top is a warning. Go to D TF to see if this warning is confirmed (further weakness) or invalidated (price holds and recovers)
D TF:
• Structure: From ATH at 2300, price has dropped to 1850 – pullback. Price has broken the uptrend line but has not made a Lower Low (LL). The uptrend structure (HH/HL) is still intact. This is a sign of weakening momentum, not a confirmed reversal. A break below the last HL would create a bear alert. Until then, the uptrend structure remains intact
• MA: location is bearish with weakening bullish trend – a sign of in transition
- Price is below 18MA & 40MA – bearish location
- 18MA > 40MA but 18MA start to flatten (short term: start to weaken) but 40MA is still rising (long term: bullish) – a sign is weakening bullish structure
• MACD: > 0 line – bullish momentum but MACD has made DC and drifted toward 0 – weakening bullish momentum
• Conclusion: From ATH, structure is in pullback with weakening bullish momentum and MA shows in transition area. Warning since price has broken its uptrend line. Go to 1H TF for detail of the pullback
1H TF:
• Structure: D pullback is in presumptive downtrend.
• MA:
- Price is far below 18MA & 40MA – bearish location
- 18MA < 40MA and both are falling with wide separation – bearish trend
• MACD: < 0 line – bearish momentum and MACD line is far < S line – bearish momentum
• Conclusion: 1H structure is presumptive downtrend, but indicators already give bearish signal. No trade until 1H shows a Change in Trend — break of downtrend line, Higher Low (HL), and MACD confirmation.
Observation:
1. Monthly is bullish.
2. Weekly is bullish; warning – reversal bar pattern at the top
3. Daily is in a pullback with weakening momentum, but the uptrend is still intact; warning – price broke its uptrend line.
4. 1H is in a presumptive downtrend.
Overall conclusion: No trade. Wait until 1H shows a Change in Trend — break of downtrend line, Higher Low (HL), and MACD confirmation before acting
• Structure: a series of HH and HL – Uptrend
• MA:
- Price far > 18MA & 40MA – bullish location
- 18MA > 40MA and both are rising with wide separation – strong bullish trend
• MACD: > 0 line and MACD line is far > S line – strong bullish momentum
• Conclusion: Structure is uptrend and supported by strong bullish trend and momentum. Go to W TF for opportunity to go long
W TF:
• Structure: a series of HH and HL – Uptrend. However, there is reversal bar pattern at the top with huge volume.
• MA:
- Price > 18MA & 40MA – bullish location
- 18MA > 40MA and 18MA is separated from 40MA and both are rising and – bullish trend
• MACD: > 0 line and MACD line is far > S line – bullish momentum. However, the value dropped from 122 to 117; this is minor. MACD is still far above 0. This is a normal loss of momentum after a strong rally.
• Conclusion: Structure is uptrend and supported by bullish trend and momentum. Reversal bar pattern at the top is a warning. Go to D TF to see if this warning is confirmed (further weakness) or invalidated (price holds and recovers)
D TF:
• Structure: From ATH at 2300, price has dropped to 1850 – pullback. Price has broken the uptrend line but has not made a Lower Low (LL). The uptrend structure (HH/HL) is still intact. This is a sign of weakening momentum, not a confirmed reversal. A break below the last HL would create a bear alert. Until then, the uptrend structure remains intact
• MA: location is bearish with weakening bullish trend – a sign of in transition
- Price is below 18MA & 40MA – bearish location
- 18MA > 40MA but 18MA start to flatten (short term: start to weaken) but 40MA is still rising (long term: bullish) – a sign is weakening bullish structure
• MACD: > 0 line – bullish momentum but MACD has made DC and drifted toward 0 – weakening bullish momentum
• Conclusion: From ATH, structure is in pullback with weakening bullish momentum and MA shows in transition area. Warning since price has broken its uptrend line. Go to 1H TF for detail of the pullback
1H TF:
• Structure: D pullback is in presumptive downtrend.
• MA:
- Price is far below 18MA & 40MA – bearish location
- 18MA < 40MA and both are falling with wide separation – bearish trend
• MACD: < 0 line – bearish momentum and MACD line is far < S line – bearish momentum
• Conclusion: 1H structure is presumptive downtrend, but indicators already give bearish signal. No trade until 1H shows a Change in Trend — break of downtrend line, Higher Low (HL), and MACD confirmation.
Observation:
1. Monthly is bullish.
2. Weekly is bullish; warning – reversal bar pattern at the top
3. Daily is in a pullback with weakening momentum, but the uptrend is still intact; warning – price broke its uptrend line.
4. 1H is in a presumptive downtrend.
Overall conclusion: No trade. Wait until 1H shows a Change in Trend — break of downtrend line, Higher Low (HL), and MACD confirmation before acting
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.