Trend resistance analysisGold closed positive on the daily line. A new high was reached in the Asian session. If we look at the trend from the perspective of the K-line, the triangle breakout bulls will continue, so the idea is to mainly buy low today. Is this low buy more after a decline or directly buy more? The support is currently at 82-76!
Gold started to break through strongly in the US session yesterday. Gold is obviously strong. Now it is still strong. It continues to buy more after a decline in the Asian session. Now it has risen sharply. Many friends are concerned about where gold will rise. There is no need to guess. Just continue to buy more with the trend.
Gold's 1-hour moving average continues to diverge upward. Gold bulls continue to be strong. The previous high of gold at 2676 now forms support. Today, it falls back to 2676 and continues to buy on dips. Gold can start to buy more after falling back to around 2690 in the Asian session.
First support: 2690, second support: 2676, third support: 2662
First resistance: 2710, second resistance: 2721, third resistance: 2735
Gann
GOAT - EXTENDED ANALYSIS! BIT SHORT FOR MORE LONGOVERALL GOAT IS BULLISH BUT SHORT SCALPS< AIMING FOR 1 USD!!
As mentioned on my previous charts the chart actually followed my analysis as showed.
GOAT suggests either three proforma to be happened (fyi to see the old its linked below)
GREEN - THE MOST IDEAL SCENARIO of GOAT! Though the one who are in longs would suggest to book profits in full and no fomo!
RED - ALso probable if BTC goes up! STRAIGHT TO THE YELLOW BOX
VIOLET - ALSO SHOWS the same as green but to a greater extent of the overall picturesque whats going to happen overall!!!!
WHy i draw the three? Because ive seen three equal things happen, IDeal scenario
Old buyers - BOOK
NEW buyers - WAIT
NEW SHORTERS short till 0.6821
Nifty Intraday trend forecast for tomorrow December 13, 2024On December 13, 2024 the Nifty spot is likely to close on a bullish note. If the given resistance 2 is broken, then it may move further up. However, the Nifty range may be around 150 points.
This is only for educational purposes. Any trade without a stop-loss is highly emotional and invalid.
XAIISD: Today's Market Analysis and StrategiesTechnical analysis of gold
Daily resistance 2725, support below 2627.
Four-hour resistance 2725, support below 2686
Gold operation suggestions:
From the 4-hour analysis chart, we focus on the 2725 line for upper pressure, and the 2700/2686 line for lower support. The operation is mainly based on pullback buying, trading with the trend, and focusing on the 2725 pressure.
BUY: 2701near
BUY: 2686near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
XAUUSD #007 ( see you there , CORRECTION PHASE !!! ) Hello dear traders.
Good days.
First of all thanks for your support and comments.
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On weekly Gann Square gold reaches to the 0.618 Gann Box Fib level.
Expected to correct price to 0.5 or even 0.382 Gann Box level .
Good luck and safe trade .
#HNT: Harnessing the Power of IoT NetworksDescription:
This trading idea focuses on HNT (Helium), the native token of the Helium Network, which revolutionizes the Internet of Things (IoT) industry by offering a decentralized and scalable wireless network. By incentivizing individuals to deploy low-cost hotspots, Helium creates a global network for IoT devices, enabling efficient data transfer and connectivity. HNT serves as the reward mechanism for network participants, ensuring scalability and growth. With the increasing demand for IoT solutions across industries, Helium's unique approach positions HNT as a promising investment in the blockchain and technology space.
Nevertheless, it's important to consider that the cryptocurrency market is highly volatile and influenced by regulatory changes, market trends, and global economic conditions. Investing in HNT requires careful research, a sound risk management strategy, and a clear understanding of the risks associated with the sector.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like HNT involves significant risk, including the possibility of losing your entire investment. Always conduct thorough research, evaluate your financial position, and consult a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Tesla $TSLA Daily Chart W.D. Gann Resistance Price Level📐 **Tesla ( NASDAQ:TSLA ) Daily Chart – W.D. Gann Resistance Alert!** 📐
Tesla is approaching a critical W.D. Gann resistance level on the daily chart. This key price point could act as a pivot for potential reversal or a breakout trigger. Bulls watching for confirmation, while bears eye a possible rejection. Stay sharp! ⚡️
#SPX500 AMEX:SPY NASDAQ:QQQ #BITCOIN #CRYPTO
XAUUSD Market Structure Analysis on 4 Hour Timeframe- Day swing is bullish => current is pullback
- 4H swing is bearish.
- 4H internal is bullish => current is pullback.
- M15 swing is bullish.
On the 4 hour time frame the current price is in the demand zone of the internal wave.
So we can buy up according to the increasing structure of the 15 minute time frame.
Wti - Us Crude Oil Spot - Important LevelsImportant Levels For WTi
The chart highlights a detailed application of Gann techniques to analyze WTI movements. Using the Jinny Gann indicator, critical price angles (e.g., 45°, 90°, 135°, 225°, and 360°) are plotted, revealing symmetrical resistance and support levels.
Key Observations:
Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance
Jinny Gann Grid : The grid formed by the diagonal lines provides a framework for understanding the balance between time and price. The stock has been respecting these lines, suggesting the relevance of the Gann grid in its price behavior.
Lots of times you can relay on the Grid trends and Start Drawing Classic Channels using its angles!
Wish you Best of luck
FTM
As we approach another resistance level, I'm feeling very bullish on the FTM crypto coin. It seems to be heading towards an all-time high (ATH), which is an exciting prospect. The technical analysis indicates that the coin is poised to break through this resistance and potentially reach new heights. I'm closely monitoring the market movements and anticipate some positive price action in the near future. Let me know if you would like me to provide any additional insights or analysis on the FTM cryptocurrency.
#NMR: Innovating with Decentralized Data ScienceDescription:
This trading idea highlights NMR (Numeraire), the native token of the Numerai platform, which leverages decentralized data science to revolutionize the finance industry. NMR incentivizes data scientists to create predictive models for stock market strategies, offering a unique approach to hedge fund operations. With its foundation in blockchain technology, Numerai ensures secure, transparent, and efficient collaboration among participants. The growing adoption of decentralized technologies in finance and the innovative use of artificial intelligence position NMR as a promising asset with a strong fundamental base.
However, cryptocurrency markets are notoriously volatile, and external factors such as regulatory developments, macroeconomic trends, and technological changes can significantly impact prices. Investing in NMR requires careful evaluation and effective risk management to navigate these uncertainties.
Disclaimer:
This trading idea is provided for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like NMR involves significant risk, including the potential loss of your entire investment. Always perform thorough research, assess your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
#DOT: Unlocking the Power of InteroperabilityDescription:
This trading idea highlights DOT, the native cryptocurrency of the Polkadot network, which is a leading blockchain platform focused on enabling interoperability between different blockchains. DOT is central to the network’s functionality, serving as a governance token, a staking asset for securing the network, and a means of bonding for creating parachains. Polkadot’s innovative multi-chain framework has positioned it as a key player in addressing the scalability and compatibility challenges faced by traditional blockchains. As the demand for seamless cross-chain communication grows, DOT continues to stand out as a strong candidate for long-term growth.
It’s important to recognize that the cryptocurrency market is highly volatile and subject to external factors such as market sentiment, regulatory changes, and technological advancements. Investing in DOT or any other cryptocurrency involves substantial risks and requires a thoughtful approach to risk management.
Disclaimer:
¨
This trading idea is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like DOT carries significant risks, including the potential loss of your entire investment. Always conduct thorough research, evaluate your financial situation, and consult a professional financial advisor before making any investment decisions. Past performance is not indicative of future results.
AUD/USD bullish viewHere's a breakdown of the double confirmation for a bullish view:
### Key Observations:
1. **Horizontal Support Zones:**
- Strong horizontal support levels are visible (e.g., near 0.6340 and 0.6623), indicating areas where price has previously bounced.
- Price is approaching or touching these key support zones.
2. **Fibonacci or Gann Levels:**
- The circular arcs suggest Gann fan or Fibonacci-based analysis. Price might align with these levels, indicating a potential reversal zone if support is respected.
3. **Downtrend Exhaustion:**
- The price action shows significant downward movement but is now near support, which could signal a potential reversal as buyers step in.
4. **Confluence of Indicators:**
- The overlap of multiple tools (horizontal lines, circular arcs, etc.) at similar price levels strengthens the case for a bullish bounce. This is referred to as **double confirmation**, where independent indicators point to the same outcome.
5. **Trend Reversal Potential:**
- The price may be setting up for a bullish reversal if these key levels hold. Look for additional confirmation like bullish candlestick patterns or increased volume near support.
ADANIENT KEY LEVELS FOR 12/12/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
RELIANCE KEY LEVELS FOR 12/12/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
INDUSINDBK KEY LEVELS FOR 12/12/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBIN KEY LEVELS FOR 12/12/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
AXISBANK KEY LEVELS FOR 12/12/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
ICICIBANK KEY LEVELS FOR 12/12/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.