NASDAQ:OM is getting ready for breakout ? Next leg up will send this to double digits ?️?? Team has already hinted big month ahead ?? I feel NASDAQ:OM will end 2024 with double digits ? #OM #Binance #RWA #Kucoin
gold expectation this week #xauusd is going to p if it brack the up line , except that going forr short
Path to 1 million dollar BTC in 2029 looking at past halvinging patterns
Trading Plan for Bank Nifty – 05-Dec-2024 Intro: Previous Day's Chart Pattern On 04-Dec-2024, after mitigating the supply zone at deep retracement zone from the last swing high, showed initial resistance near important resistance zone. by mitigating supplies Banknifty is forming a strong support zone near ₹53,051. The index respected the deep retracement zone and closed near ₹53,236, indicating the potential for bullish continuation. The Yellow trend suggests consolidation, the Green trend indicates a bullish trajectory, and the Red trend points to bearish movements. Plan for Different Opening Scenarios: 1. Gap-Up Opening (Above ₹53,465 by 200+ points) If Bank Nifty opens significantly higher, crossing ₹53,702: Immediate Resistance: Watch for ₹54,472, which acts as the final intraday resistance. Prices sustaining above this level could lead to a breakout towards ₹54,600 or higher in coming sessions. Action Plan: Allow prices to settle for the first 15–30 minutes. Look for pullbacks near ₹53,702 for entry opportunities, with a stop loss placed below ₹53,465. Target the next resistance zones at ₹54,472 and ₹54,600. Risk Management: If prices fail to sustain above ₹53,702 and show strong selling pressure, avoid initiating long positions. Reassess the trend near ₹53,394. 2. Flat Opening (Within ₹53,051 to ₹53,394) If Bank Nifty opens flat, between yesterday’s closing range: Key Support and Resistance: ₹53,051 will act as strong support, while ₹53,394 is the immediate resistance. Action Plan: Wait for a breakout from this range. If prices sustain above ₹53,394, initiate long positions for targets of ₹53,702 and ₹54,472. Place the stop loss below ₹53,236. If prices break below ₹53,051, consider short positions targeting ₹52,893 and ₹52,533. Stop loss above ₹53,236. Risk Management: Avoid overleveraging as the consolidation phase might lead to false breakouts. Confirm the trend before entering trades. 3. Gap-Down Opening (Below ₹52,893 by 200+ points) If Bank Nifty opens below key support levels: Critical Levels: ₹52,533 becomes a significant support zone. Failing this zone can trigger further selling pressure towards ₹52,200. Action Plan: Observe the opening 15–30 minutes for price stability. If prices rebound from ₹52,533, look for buying opportunities targeting ₹52,893 and ₹53,051. Place a stop loss below ₹52,400. If prices sustain below ₹52,533, initiate shorts for targets of ₹52,200 and ₹51,900. Stop loss above ₹52,893. Risk Management: Protect capital by reducing position size in high volatility conditions. Prioritize defined stop-loss levels to minimize losses. Tips for Risk Management in Options Trading: Position Sizing: Trade with a smaller position size in volatile conditions to avoid large losses. Premium Decay Awareness: Avoid holding options positions close to expiry unless they are deeply in-the-money. Avoid Averaging Down: Do not add to losing positions, especially in options, as losses can multiply quickly. Hedge Positions: Consider strategies like spreads or buying protective puts to reduce risk exposure. Summary and Conclusion: Bank Nifty’s price action on 04-Dec-2024 hints at a bullish structure, with strong support near ₹53,051 and resistance levels clearly defined. For 05-Dec-2024, focus on identifying the trend post-opening and trade cautiously, especially in gap-up or gap-down scenarios. Use stop losses diligently and prioritize risk management to navigate the intraday volatility. Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only and should not be considered investment advice. Please consult your financial advisor before making any trading decisions.
I have been backtesting my strategy for weeks and I can assure you that it is more effective than anything else I have tested, it is simple and reduces analysis time by 80%. As simple as looking at a trend, detecting crossovers and boila.! NOTE : Each crossing in the average of 5/20 marks what would be a support or resistance zone depending on how it is analyzed. What I personally do is detect the crossings from highest to lowest temporality (1M, 5M only to polish an entry) but it is almost as perfect as the creation itself. There are no mistakes if the areas are marked well. Try and do your backtesting with the averages (5,20,200) I spent more than two months trial and error and the result was 90% correct in my group. Sometimes I say the more we see, the less we understand, the less we see the clearer things are...
Gold ( OANDA:XAUUSD )is entering the Resistance zone($2,667-$2,653) . From the point of view of Classical Technical Analysis , Gold seems to be moving in the Expanding Triangle Pattern during the last 3 days . In terms of Elliott wave theory , Gold appears to be completing a Zigzag Correction(ABC) . ( Wave B(WXY) was complicated ). Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to drop to at least $2,642 , and if the Support lines(1,2) break, the Heavy Support zone($2,642-$2,620) can also break. ⚠️Note: You can enter a Short position by considering capital management after finding a trigger near the resistance lines or after breaking the Support zone($2,652-$2,648).⚠️ ⚠️Note: However, the next few hours(6:45 pm UTC) of Fed Chair Powell's Speech will greatly impact the Gold trend.⚠️ ⚠️Note: If the Resistance lines(upper line of triangle) and the Resistance zone($2,667-$2,653) are broken, we should wait for the Gold pump.⚠️ ?Be sure to follow the updated ideas.? Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
? In this video, I’m diving into my thoughts and top picks for altcoins in this market cycle! ?? We’ll explore: ? Key trends shaping the market ? The potential movers ready to explode ? My strategies for navigating this cycle ? What to watch out for in altcoin opportunities Whether you’re a seasoned trader ? or just starting your crypto journey ?, these insights could help you stay ahead of the game. Don't miss my top altcoin picks and the logic behind them! ?✅ Smash that like button ?, subscribe ?, and let me know your favorite altcoins in the comments below! Let’s ride this market cycle together! ?? #Crypto #Altcoins #MarketCycle #CryptoTips
Does the market feel random to you? Like a casino where your trades are gambles, hoping for the best while fearing the worst? Well, it's time to rethink everything. Markets aren’t random; they operate with algorithmic precision , and in this live trade, I’ll show you exactly how. Using Gann Astro principles combined with advanced mathematics, I calculated the precise time of a market reversal—down to the minute. This isn’t some generic indicator, supply-demand, or support-resistance nonsense that makes you wonder if trading is a rigged game. Retail strategies are like trying to drive blindfolded; they ignore the fundamental truth of the market: time is more important than price , and the market's movements are governed by an intricate algorithmic system. With over 5 years of deep expertise, I’ve moved beyond the clutter of retail methods to uncover how planetary cycles, mathematical models, and time-based analytics drive price delivery . This is not just theory—watch the market respond to the exact reversal I predicted, proving the power of this method. Forget gambling; this is science . If you’re tired of losing money to the randomness of retail tools and want to learn how to master the true precision of the markets, DM me for exclusive one-on-one training. Step into the world of professional trading and leave the chaos behind.
?#OP is about to reach the target area ⚠️ ?From a structural point of view, there is a bullish structure at the daily level, so it is a bullish trend, and it is very reasonable to continue to rise. So yesterday we found a buy signal and participated in some long transactions. The result developed as expected. At present, the main profit has been locked, and the remaining positions will continue to expect more. ⚠️Note that we are currently close to the target area, so don’t blindly chase the rise. The key is to lock in profits in time. Let's see ? BITGET:OPUSDT.P
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will fall to the monthly level DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please this is a PREDICTION and I have no reason to act on it and neither should you Please support our analysis with a like or comment! Let’s master the market together. Share your thoughts and encourage us to do more by liking this idea.