Gann
PEPE on the RUN- ATH'sPEPE is back. I've had some very good calls on PEPE. Many ppl joke about it, but its these small alt coins that often do and can out perform bitcoin. It was just a couple of weeks ago there was a small move that reaped some profits that was published. Well now we have All Time High's and right at the perfect time for PEPE to Shine. This move will have some resistive barriers along the way and they may prove to be significant, but the long play is up. The Gann box has 2 resistive points here. The top 786 line may be one to watch for. The 618 as well. However if PEPE gets thru these it will make a a 97% gain to the top of the box. Risky (mos def), but the goal here is to make some profits.
Today's Trend Analysis and SignalsGold's late-session high-fall continued the weak adjustment pattern. Technical trading ideas: Continue to short at high prices during the day's rebound! The hourly chart Bollinger Bands narrowed, with the upper track at 2616 and the lower track at 2590. The current market 2616 is today's long-short dividing line!
Gold is still weak, and the rebound is limited. The rebound is an opportunity to go short. Gold rebounded at 2616 in the Asian session and went short directly. The market is changing rapidly. Plan your trades and trade your plans. Gold is still rebounding at the moment. The rebound is an opportunity to continue to go short.
The 1-hour moving average of gold is still distributed downward, and the rebound is limited. Gold also fell back after rising in the NY period, indicating that gold is only rebounding and has not reversed. Then gold will continue to go short. Gold will go short directly near 2616 in the Asian session.
First support: 2690, second support: 2579, third support: 2563
First resistance: 2616, second resistance: 2625, third resistance: 2639
Trading strategy:
BUY: 2586-2588
SELL: 2616-2618
BANKNIFTY KEY LEVELS FOR 14/11/2024**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.
EURUSD: Strong Bearish Bias! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.06002
Wish you good luck in trading to you all!
GOLD: Market Is Looking Down! Sell!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,590.836$
Wish you good luck in trading to you all!
DXY: Move Up Expected! Buy!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 106.178
Wish you good luck in trading to you all!
MANTRA ($OM) Set to Ride the RWA WaveLooks like RWA season is around the corner and good projects are ready for new highs.
NASDAQ:OM is under the radar right now and many are betting big on this one.
RWA is just getting started and #MANTRA has better partnerships than most.
#CryptoNews #Altcoins #Bitcoin
SILVER: Local Correction Ahead! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.23713$
Wish you good luck in trading to you all!
November 12 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today
There is a very high possibility of sideways movement.
After reaching the short-term target price yesterday
Depending on the situation today, additional adjustments may continue to be connected after tomorrow.
*When the blue finger moves
Long->Short switching
This is a short position strategy.
1. 85,692 dollars long position entry section / cut-off price when the green support line is broken
When the green support line touches the 2nd section
This is where the short-term pattern breaks, and there is also the possibility of additional adjustments
And when the previous high is broken, it is also a whipsaw condition.
2. 92407.5 dollars short position switching / stop loss price autonomous
(Since it is currently a section that cannot be drawn,
try drawing it according to the newly created resistance line.)
The purple finger 88.7K at the top
is a strong downward section today,
and up to the 1st section touch is a sideways market.
From the bottom, it becomes the 1+4 section,
but since it is the second arrival, the adjustment may continue to be long.
Up to this point, I ask that you simply refer to and use my analysis
and I hope that you operate safely with principle trading and stop loss price.
Thank you.
Nasdaq (NQ)- Potential Downtrend in FocusNasdaq (NQ) is showing signs of a potential shift toward a downtrend. An ideal setup would involve a confirmed price acceptance below the identified zone, followed by a retest of this sell zone before moving lower. A confirmation at this level could signal a strong sell opportunity. This outlook represents a scalping/intraday trade perspective.
Disclaimer,
This is not a financial advice or any sort of that, this is purely for informational purposes only and is not intended to be personal financial advice.
Trading involves substantial risk of loss and is not suitable for every one.
BTCUSDT: Short-Term Analysis for 13/11/2024Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always consult multiple sources and conduct thorough research before making trading decisions.
Time Frame: 1-hour
Market Analysis:
The market has taken inducement and currently the market is experiencing a pullback to fill the gap. The additional support point of control is at 82146.00.
Key Levels:
Support: 83999.00-82773.00 (Daily Point of Control)
Last Support:82146.00
Resistance: 92.00-94924.00 (Confluence of Fib Channel and Gan Box)
Local High: 90,070.00
EMAs: 50/100/200 EMA (Bullish alignment)
Trading Bias:
Moderately Bullish
Main Reason:
If price pierce the last support at 82146.00, the trend may reverse to bearish momentum. However, if the price breaks the local high else bounces back after filling the gap, then the price could reach the above-given resistance 91699.00-94121.00 to form new all time high.
The above resistance is in confluence with the Fib channel and Gann square.
Gold Great Cycle from 2000 Till TodayIntroduction to Gann Analysis
Gann analysis is a trading technique developed by the legendary trader W.D. Gann, who believed that price movements in markets follow specific geometric and cyclical patterns. Gann’s methods use angles, time cycles, and geometric shapes to predict future price levels and turning points. Common tools include Gann Angles, Gann Fans, and Gann Grids, which combine price and time ratios to identify significant support and resistance levels.
Understanding the Jinny Gann Chart
The "Jinny Gann" setup is a unique variant of traditional Gann analysis. It incorporates Gann angles and grids across a price chart to identify key points where price and time intersect. In this chart, we see a series of yellow diagonal lines, horizontal price levels, and vertical time markers. These lines form geometric patterns resembling stars, squares, and diamonds. Each intersection or alignment point of these lines is considered a potential area of support, resistance, or trend reversal.
How to Use Gann Techniques with Jinny Gann
Gann Angles: Gann angles represent various slopes or inclinations that the price might follow, often indicating potential support or resistance zones. The angles on the Jinny Gann chart start from specific pivot points and extend outward. When the price touches these lines, it may find support or resistance and change direction.
Horizontal Levels: Each horizontal line represents a price level that has significance in Gann’s approach. You can see values next to these lines, such as 2,588, 1,670, and 1,287, which signify critical levels where the price could pause or reverse. These levels are derived based on specific mathematical calculations linked to Gann’s theories.
Vertical Time Lines: The vertical grid lines represent time cycles. Each segment between these lines could represent a particular period in which price actions might intensify, reverse, or change trends. For instance, on this chart, certain dates align with these vertical lines, suggesting when key price movements could happen in the future.
Intersections and Confluence Zones: Pay attention to areas where multiple lines intersect; these are known as "confluence zones." They carry even more significance, as price changes around these points can be stronger. If the price is nearing an intersection of a Gann angle and a horizontal level, traders should watch for potential reversals or breakouts.
Example of Interpretation
Key Levels in the Chart
720° Level - 3,124.42324 (Higher Upside Target):
This is a more distant resistance level, representing a strong psychological and technical barrier in an extended bullish scenario. Should the price trend up consistently, this could eventually become a critical point.
675° Level - 2,851.190537 (Potential Upside Target):
If the price Holds above the 2,590 level and sustains its momentum, 2,851 is the next major resistance to watch. This level is a bullish target for traders who are looking for further upward moves in gold.
630° Level - 2,590.457835:
This is a critical level that the price is currently near. As a strong Support, it plays a significant role in determining whether the current uptrend will continue. A break and hold above 2,590 would signal strength in the bullish trend. However, if broke, we might see a pullback to lower support levels.
585° Level - 2,342.225132:
This level serves as immediate support if the price fails to break above 2,590. It represents a key zone where buyers may step in to support the price. Monitoring price behavior at this level can give clues about potential rebounds or further declines.
540° Level - 2,106.49243:
Further down, this is an important support level within the Gann grid. A more significant price decline could bring this level into focus, where it might attract buying interest and stabilize the price.
Summary and Trading Approach
Observe Reactions Around 2,590: Since the price is close to this resistance, a breakout above it could indicate further bullish momentum. If rejected, it could signal a short-term reversal.
Support at 2,342: This is the first major support below the current price. If the price falls from 2,590, this level may attract buying interest, offering a possible rebound point.
Potential Upside to 2,851 and 3,124: Should the price break above 2,590 and maintain its bullishness, these levels become critical for traders aiming for longer-term upside targets.
This analysis allows traders to focus on the key support and resistance levels within the Jinny Gann framework and provides a roadmap for potential price movements in the short to medium term.
Produced by Jinny Gann Ar
Let's talk about trading for a bit (too much chart talk)I completely forgot about the Leap Competition as I've been focussing on my sons birthday
Trading is one of the 3 pillars you've got to master
1) master the chart
2) master the trader
3) master yourself
Trading works with Risk:Reward ratios, position sizes, risk management, and lots of other boring managements.
I'll chat a lot more about trading from now on rather than charting charting charting
lets go?