Balancing Timeframes in Heikin-Ashi Trading: A Delicate Balance
In the battle between daily (TF1)and weekly (TF2) timeframes last week, capital has been caught in the crossfire. Friday, TF2 emerged victorious, but losses caused pain. Stay prepared: more capital is about to take a hit.
So, which timeframe should you trust? My suggestion: blend both. Use TF1 for short-term excitement and TF2 for long-term wisdom.
May your candles be green and your Heikin-Ashi signals crystal clear.
-
September 6: Weekly Volatility Index (VIX) – 22.38. The outlook for the medium term remains positive.
Heikin-Ashi
(+) haDelta is above its average.
(+) haOscillator is ready to turn up.
(+) VIX is in an uptrend. To reverse it, haClose should be < 17.97 by the end of September 13 vs. 19.40 now. Low chances to change the uptrend.
Non Heikin-Ashi
(-) Below the buy-stop @25.83, 15.41% above the close.
--
September 6: SP-500 Weekly – 5,634.61. Medium-Term Outlook: Bearish.
Heikin-Ashi
(-) haDelta is below its average.
(!-) haOscillator makes a top.
(-) To reverse the downtrend, haClose should be > 5,577 by the end of September 14 vs. 5,514 now.
Non Heikin-Ashi
(!!) The daily Stop-loss is @5,274, 2.47% below the close.
--
September 7: Bitcoin weekly– 54,910. Medium-term – Big move ahead (see haDelta).
Heikin-Ashi
(-!!!) haDelta turned down at zero.
(-!!!) haOscillator is ready to turn down at zero.
(!) BTCUSD is in a downtrend. To reverse it, haClose should be > 56,417 by the end of the next week vs. 56,274 now.
Non Heikin-Ashi
(-) Below the buy-stop @72,406, 31.86% lower.
--
September 7: Ethereum weekly – 2,298.5. Medium-term outlook: Downtrend.
Heikin-Ashi
(-) haDelta is negative.
(-) haOscillator is below zero and ready a top.
(!) ETHUSD is in a downtrend. To reverse it, haClose should be > 2,306 by the end of the next week vs. 2,365 now.
Non Heikin-Ashi
(-) Below the trailing-stop @3,488 51.77 % above the close.
--
September 6: EUR/USD weekly at 1.083. Medium-term outlook: Tired, likely to decline.
Heikin-Ashi
(-) haDelta is below its average.
(-) haOscillator is negative.
(---) EURUSD is in a downtrend. To reverse it, haClose should be > 1.1126 by the end of September 13 vs.1.1077 now. Low probability.
Non Heikin-Ashi
(+) Above the trailing-stop @1.0808, 2.47% below the close.
--
