Wave Analysis
ADANIENT KEY LEVELS FOR 24/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**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 LEVEL FOR 24/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**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.
Possible reversal area on FARTCOINAnother coin that looks really good is FARTCOIN. It's actually trading in a strong accumulation zone and i see a bullish divergence. Expecting a reversal here
[[flash crash]]gm,
i’m reaching out today to give you a fair warning based on a concerning cross-market chart structure. the dxy is showing strong signs of strength and looks like it’s gearing up for an upside squeeze, potentially setting the stage for a breakout to levels we haven’t seen in decades.
the implications of this move could trigger a flash crash in both the stock and crypto markets world-wide, reminiscent to that of the covid crash. this time, however, i believe the catalyst will be the combination of elevated rates, inflation, and the looming debt ceiling crisis.
don’t fear the crash,,, it will present a rare buying opportunity for those who are in tune with this wilder market. a strategic player, one who profits from the collapse of this fragile economy, will thrive in these conditions.
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if my forecast is correct, we’ll see the TVC:DXY explode up to 127,,,
while CRYPTOCAP:BTC would lose roughly half of its current value.
🌙
BANKNIFTY KEY LEVELS FOR 24/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**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.
NIFTY 50 KEY LEVELS FOR 24/01/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**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.
Gold Impact 2800
The current trend of gold shows the clear advantage of the bulls, with the price maintaining around the 2,757 level. The overall price fluctuated upward in the recent rising channel and broke through some key resistance levels, showing strong market buying sentiment.
Key technical levels
1. Resistance level:
The current first target resistance level is 2,789, which is an important high point in the previous period. If the price can break through this level, gold may continue its strong upward trend, with a target of 2,800 or higher.
2. Support level:
The short-term support level is 2,757, which is the key bullish defense area for gold. If this level is broken, it may fall to the horizontal support near 2,720.
The stronger support level below is at the intersection of the rising trend line and the horizontal line, near 2,700.
Technical pattern analysis
The trend line marks the rising channel of gold, and the price in the channel gradually climbs upward. Multiple double bottom patterns and the trend of breaking through after consolidation indicate that the bulls are strong, while the lower and upper rails of the channel provide strong support and resistance respectively. The current price is close to the upper track of the channel and may face a certain resistance correction in the short term.
From the overall trend, gold still has great potential for growth in the current oscillating upward trend. The following factors may affect the future trend:
1. Maintaining the head trend: As long as the price does not fall below the lower track of the rising channel, gold will continue to test higher targets.
2. Possibility of breaking through resistance: If the price breaks through 2,789, the bullish target will move further up to the psychological level of 2,800 or 2,820.
3. Risk of correction: If gold fails to effectively break through resistance, a technical correction may occur in the short term, with the target pointing to 2,720-2,700.
Strategy Recommendation
Long strategy: Look for buying opportunities in the 2,750-2,760 range, with the target looking at 2,789-2,800, and the stop loss is set below 2,740.
Short strategy: If the price falls below 2,750 or the lower track of the rising channel, you can consider short-term shorting, with the target at 2,720 or lower.
Risk warning
It is necessary to pay close attention to the adjustment of the Fed's interest rate policy and the uncertainty of the global economy, which may have a significant impact on the price fluctuations of gold.
The above analysis is based on technical charts and price patterns and is for reference only. Investors should make comprehensive judgments based on fundamental factors.
Perfect time to long AI16ZI see a good opportunity to try to long again AI16Z. I can see multiple confluence that let me expect a pump soon with a target of $1.43
BANKNIFTY : Trading Levels and Plan for 24-Jan-2025📈 BANKNIFTY Trading Plan for 24-Jan-2025 📊
Here’s a detailed trade plan for BANKNIFTY for all possible opening scenarios on 24-Jan-2025. Stick to the defined levels and adapt to the market’s movement for better trading outcomes. 🚀
🌟 Scenario 1: Gap-Up Opening (200+ Points) 🌟
If BANKNIFTY opens above 48,863 :
👀 Watch the Opening Resistance Zone: 48,863-49,311 .
🔼 A sustained breakout above 49,311 can lead to a rally toward the Important Resistance Zone: 49,421-49,650 , where profit booking is expected.
🔄 For a reversal trade, wait for rejection near 49,311-49,421 , which could push BANKNIFTY back toward 48,863 .
📉 If BANKNIFTY slips below 48,863 , it might test the Opening Support Zone: 48,465-48,529 .
💡 Tip: 🛑 For aggressive traders, avoid chasing breakouts unless supported by strong volume. Stick to stop-loss levels to minimize risks.
📏 Scenario 2: Flat Opening (±100 Points) ⚖️
If BANKNIFTY opens between 48,595-48,638 :
👀 Focus on the Opening Support Zone: 48,465-48,529 .
⚠️ A breakdown below 48,465 could lead to further downside toward 48,249 , which is the Last Intraday Support.
🔼 If BANKNIFTY sustains above 48,638 , expect a test of the Opening Resistance Zone: 48,772-48,863 .
🔄 Wait for a breakout above 48,863 or a breakdown below 48,465 to take directional trades.
💡 Tip: Flat openings often lead to indecision in the first hour. Be patient and wait for a clear trend to form before entering trades. ✅
📉 Scenario 3: Gap-Down Opening (200+ Points) 🛑
If BANKNIFTY opens below 48,465 :
🛡️ Immediate buyer support is expected near 48,249 . Look for signs of reversal to enter long trades.
📉 If it breaks 48,249 , further downside toward the Support at Bottom: 47,802-47,962 can be expected.
🔼 For upward momentum, BANKNIFTY must reclaim 48,465 , which can trigger a move back toward 48,638-48,772 .
🛑 Avoid aggressive trades near 47,802-47,962 unless strong reversal patterns appear.
💡 Tip: Gap-down scenarios bring high volatility. Use smaller lot sizes and trade cautiously with defined risk limits. ⚡
⚙️ Risk Management Tips for Options Trading 📌
🧮 Always calculate your maximum risk before entering a trade. Avoid risking more than 2-3% of your capital on any single trade.
⛑️ Use stop-losses for all trades.
🌐 Opt for liquid options to avoid slippage. Stick to ATM or ITM strikes for better price movements.
🛑 Avoid overleveraging and limit the number of trades during uncertain market conditions.
🔍 Summary and Conclusion 📊
🎯 Key Resistance Zones: 48,863 , 49,311 , and 49,421 .
🛡️ Key Support Zones: 48,465 , 48,249 , and 47,802 .
🔄 Focus on price action and volume near critical zones to validate your trades.
📈 A disciplined approach to trading with proper risk management is essential for consistent profitability. 🚀
❗ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please trade responsibly and at your own discretion. 😊
NIFTY : Trading Levels and Plan for 24-Jan-2025📈 NIFTY Trading Plan for 24-Jan-2025 📊
Below is the comprehensive trading plan for NIFTY for all opening scenarios on 24-Jan-2025. Follow the levels carefully and adapt to market conditions. 🚀
🌟 Scenario 1: Gap-Up Opening (100+ Points) 🌟
If NIFTY opens above 23,325 :
📌 Look for resistance near 23,475-23,541 (Profit booking zone).
🔼 If it sustains above 23,541 , expect further upside momentum towards 23,650 .
🔄 Watch for a reversal or profit-booking signal near the resistance levels for short opportunities.
📉 If it fails to sustain above 23,325 , the market may retest the support zone at 23,217-23,198 .
💡 Tip: 🛑 Avoid aggressive entries at higher levels; wait for confirmation of breakout or reversal patterns.
📏 Scenario 2: Flat Opening (±50 Points) ⚖️
If NIFTY opens between 23,217-23,198 :
👀 Monitor the Opening Support Zone: 23,123-23,158 .
⚠️ A breakdown below 23,123 could drive the index to 23,039 (next support zone).
🟢 For bullish trades, wait for clear rejection signals at 23,123 or a breakout above 23,325 for upward momentum.
🔄 Be cautious in the no-trade zone, as the market might consolidate before giving a clear direction.
💡 Tip: During flat openings, focus on managing risk and allow the market to define its trend for the day. ✅
📉 Scenario 3: Gap-Down Opening (100+ Points) 🛑
If NIFTY opens below 23,123 :
🛡️ Immediate buyer support is expected near 22,897-22,930 . Watch for reversal candles or accumulation at this level to enter long trades.
📉 If it fails to sustain above 22,897 , a further downside towards 22,800-22,750 is possible.
🔼 On the upside, the Opening Resistance Zone: 23,123-23,158 will act as a critical area for the reversal.
💡 Tip: ⚡ Use smaller lot sizes in gap-down scenarios and avoid overleveraging, as the market might experience high volatility.
⚙️ Risk Management Tips for Options Trading 📌
🧮 Always define your risk before entering a trade. Limit your exposure to 2-3% of your trading capital per trade.
⛑️ Use stop-loss orders for all trades, especially in volatile markets.
🌙 Avoid holding positions overnight without a hedge. Intraday traders should square off positions if levels are not respected.
💡 Focus on ATM (At-The-Money) or slightly OTM (Out-The-Money) options for better liquidity.
🔍 Summary and Conclusion 📊
🎯 The key resistance for the day is 23,325 , with a target of 23,541 on the upside.
🛡️ Strong buyer support is expected near 22,897-22,930 .
⚖️ Avoid trading in consolidation zones and wait for breakout/reversal confirmation.
📈 Remember, successful trading comes from proper planning and disciplined execution. 🚀
❗ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk and discretion. 😊
Scenario on XAUUSD 23.1.2025 [update]This analysis will only be about adjusting the level from the previous analysis, because my longivy setup turned out better than I expected, but now the question is what will happen next, I personally would like the scenario as I displayed it with sfp above high and then a proper correction to lower levels is important sr the level is at the price of 2730, if the market holds it then there could be a movement of gold to a new ath, but if this level were to break, my scenario would be fulfilled
BITCOIN TRADERS IF YOU R HOPING FOR 150 it is NOT coming in 2025As so many are holding on HOPE that DJT is going to make BITCOIN reserve this year I can state this BASED on the MATH and Wave structure Most will be HOLDING THE BAG . My cycles are bearish until oct 2026 the avg decline is over 75% I have told EVERYONE to exit from the first peak at 108100 and that the pullback was wave 4 that wave 5 should peak from 109100 to 116 focus on 113 Well we saw 109,400 And There is major Top forming first decline this spring is down to 74,000 and then just a sharp rally at best a 50% of the first drop ! best of trades WAVETIMER
PEPEUSDT: Anticipating a Correction Before the UptrendGreetings, fellow traders!
The recent surge in Bitcoin's price, sustained over the past 72 hours, has injected a bullish sentiment into the broader market. For those considering a long position on PEPEUSDT, I anticipate a potential price correction before the primary uptrend commences.
I foresee a possible retracement to the $0.000014150 level, followed by a renewed upward trajectory with two price targets: $0.000017500 and $0.000020000. My recommendation is to consider entering a long position after the anticipated correction, above the $0.000015300 threshold.
Best of luck and profitable trades to all!
BINANCE:PEPEUSDT
My current target is this.According to my calculations, the news that will come out now will bring the market down to the target I have set. These are my ideas and what do you think about it?
Europe markets are in the last few days and hours of a TOP MAJORAs the chart posted Has not been altered at all over the last 4 years in the Elliot Wave or the trendlines We are now running up to if lucky to touch the line as so many markets world wide . We are going to see a MAJOR SHIFT in the world rather soon . from 1/19 to 1/25 and then in march 10th to the 20th focus on MARCH 13TH see spirals for SPY and DIA 11/29 to 12/5 . Best of trades WAVETIMER
GOLD FURTHER SELL OFF?! (UPDATE)Gold has successfully climbed up towards our 'Option 2' price zone & sellers have been rejecting that zone nicely, pushing price back down.
However, $2,737 - $2,732 is a crucial zone for Gold. If buyers keep rejecting this zone, then there's a chance that price could start another bull run from this price & push upwards of $2,800+. Keeping a close eye here.
NZDJPY Set To Grow! BUY!
My dear followers,
This is my opinion on the NZDJPY next move:
The asset is approaching an important pivot point 87.259
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 87.955
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Bitcoin bullish move...Hello everyone, share your thoughts in comments below..
Bitcoin will be bullish from here more you can read below and see above in the chart as it is a 4-hour technical analysis chart for Bitcoin.
Key Features:
1. Price Levels: Bitcoin's current price is $102,541.36.
2. Resistance Zone: Highlighted in red, indicating a level of selling pressure.
3. Support Zone: Highlighted in green, marking a level of buying interest.
4. Projections:
A yellow line shows a potential bullish trajectory from support.
A purple arrow suggests a breakout beyond the resistance zone.
Indicators:
1. Trend Line: Reflects overall market momentum.
2. Candlesticks: Represent price movement within 4-hour intervals.
Bitcoin is consolidating between support and resistance, with potential for upward movement if support holds.
Key Levels;
Buy now from 102550
TP 1 at: 103100
TP 2 at: 104000
Target 106285
SL at: 99907
Kindly like comment and share this idea.
EURJPY Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for EURJPY below:
The instrument tests an important psychological level 162.62
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 161.30
Recommended Stop Loss - 163.32
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
AUDUSD Set To Fall! SELL!
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6274
Bias - Bearish
Safe Stop Loss - 0.6310
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.6211
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURCHF Trading Opportunity! SELL!
My dear friends,
My technical analysis for EURCHF is below:
The market is trading on 0.9448 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9398
Recommended Stop Loss - 0.9474
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NZDCHF What Next? SELL!
My dear subscribers,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5139 pivot level.
Bias - Bearish
My Stop Loss - 0.5153
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5117
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
