Inauguration Day! Beware of cowboy swings. Trade responsibly Inauguration Day brings a mix of excitement and uncertainty to the markets, so if you're trading today, be extra cautious. Expect some wild price swings—those "cowboy swings"—as investors react to the political shifts and news. It's easy to get swept up in the action, but remember, it's always best to keep your cool.
While the day might bring opportunities, it also has its risks. Make sure you're staying level-headed, sticking to your strategy, and trading responsibly. And, as always, if things feel too chaotic, there's no shame in sitting this one out. Safe trading!
Gann
#BOMEThere are new changes in the market and you need to adapt to them.
Despite the meme coins of famous and well-known personalities, no one is willing to invest in other meme coins, and meme coins that do not have a strong community are doomed to disappear.
People who are looking for meme coins are not looking for useful and purposeful tokens, so their priority is meme coins that are for famous people, and soon all meme coins for famous personalities will flow to the market. This is the beginning, so no one else is willing to invest in meme coins like this or same like this.
#BOMEUSDT
EUR/JPY Analysis:Bearish Insights Using MMXMIn this analysis, I explain why I'm bearish on EUR/JPY, marking my key levels with the MMXM strategy. I've also outlined the reasons for a possible bullish perspective, but my short-term stance remains bearish. Please note, this is not financial advice—it's my personal view based on my chart analysis. If you're interested, trade responsibly and always do your own research!
Melania Gann Analysis **Understanding Gann for Beginners – Let Me Simplify It for You**
Hey everyone! I know Gann charts can look super complex at first glance, but let me break it down step by step so anyone can understand it.
---
### **1. Gann Levels – Price Divided into Angles**
Gann analysis divides price into specific angles, like **0°, 45°, 90°, 135°**, and so on. Each of these angles represents a price level that’s important for support, resistance, or trend continuation.
- **What do these angles mean?**
- **0°:** This is our base or starting point. In this chart, it’s **7.41 USDT.**
- **45°:** This is one of the most important angles. If the price crosses it, it often signals strength. In this case, it’s **12.34 USDT.**
- **90°, 135°, 180°:** These are higher levels of resistance or target zones. The higher the angle, the stronger the resistance.
Think of these levels like **checkpoints** for the price. If the price breaks one, it’s aiming for the next. If it bounces off, it might reverse back down.
---
### **2. Time Cycles – When Things Happen**
Gann doesn’t just focus on price; it also looks at **time.** The vertical purple lines on this chart represent key time cycles. These are moments when you can expect:
- **Reversals** (price changing direction),
- Or **stronger trends** (price speeding up).
For example, look at the **yellow star on 24 Jan 2025 at 13:28.** That’s a point where the market might react significantly based on Gann’s methods.
---
### **3. Price + Time = High Probability Zones**
Gann’s magic happens when **price levels** and **time cycles** align. If the price is near a key angle (like **45° = 12.34 USDT**) at the same time as a time cycle (like one of the purple lines), you’re more likely to see a significant move.
This is where Gann gives us an edge: knowing not just where the price might react, but **when.**
---
### **4. Support and Resistance – Keep It Simple**
In Gann, each angle acts as either:
- **Support:** Where the price might stop falling and bounce up.
- **Resistance:** Where the price might stop rising and reverse down.
Here are some examples from the chart:
- **Support levels:**
- **0° = 7.41 USDT** (strong base),
- **22.5° = 9.72 USDT.**
- **Resistance levels:**
- **45° = 12.34 USDT,**
- **90° = 18.52 USDT.**
Watch how the price behaves when it hits these levels. If it breaks above resistance, it’s likely heading to the next angle. If it can’t, it might fall back to the previous level.
---
### **How to Read This Chart Like a Pro**
1. **Start with the Base Price:**
- The starting price here is **7.41 USDT (0°).**
2. **Follow the Price Checkpoints:**
- As the price climbs, keep an eye on these levels:
- **22.5° = 9.72 USDT,**
- **45° = 12.34 USDT.**
3. **Watch the Time Cycles:**
- The vertical purple lines mark moments when the market might react.
- Combine these with price levels for higher accuracy.
4. **Look for Reactions:**
- If the price reaches **22.5° (9.72 USDT)** near a time cycle, it could break through or reverse back to **0° (7.41 USDT).**
---
### **Imagine Gann as a Ladder**
Here’s an easy way to think about it:
- **0° = The base of the ladder.**
- Each angle (22.5°, 45°, 90°, etc.) is a step on the ladder.
- The price climbs up the ladder, testing each step. If it slips, it falls to the step below. If it breaks through, it climbs higher.
---
### **Why Does Gann Work?**
Gann believed that markets are influenced by natural laws, like geometry and time. While it’s not a guarantee, it gives us a structured way to think about price and time. It’s all about identifying **key levels** where the price is most likely to react.
---
### **Final Tips for Beginners**
- **Focus on the Key Levels First:** Start with 0°, 45°, and 90°. These are the most important.
- **Use Time Cycles:** Pay attention to the purple lines – they show when to expect reactions.
- **Combine Gann with Other Tools:** Look for candlestick patterns, trendlines, or volume to confirm your trades.
---
Let me know if this helped! If you have questions, feel free to ask, and let’s discuss how we can use Gann to trade smarter together. 😊
Gold Scalping Opportunity: Potential Short SetupGold shows potential for a short-term Downward move, presenting a scalping opportunity. Confirmation is essential as the price approaches the identified zone.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Scalping and trading carry substantial risks, including the possibility of significant losses. Trade cautiously and responsibly.
GOLD TECHNIAL SIGNAL UPDATE > GO AND READ THE CAPTION Baddy dears friends 👋🏼
Gold trading signals technical analysis satup I think 🧐 now gold ready for sell trade gold sell zone enter point 2707 to 2708
First tp 2703
2nd tp 2700 last target 2697 stop loss 2715
Tachincal analysis satup
Fallow risk management
ENA/USDT
MIL:ENA is showing bullish potential as it bounces from a strong Fibonacci 0.618 retracement zone within an ascending channel 🧐. This structure sets the stage for a significant rally 🚀.
Targets:
🎯 Mid-Term Target 1: $1.6373
🎯 Mid-Term Target 2: $2.1521
🎯 Long-Term Target: $2.6178
I remain bullish on MIL:ENA as it forms a higher low and prepares for the next move upward.
SENSEX KEY LEEVLS FOR 21/01/2025**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.
GLENMARK Key Levels for 21/01/2025**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.
january 20 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.
Today, Nasdaq is closed and there is a high possibility of sideways movement.
In the case of Bitcoin, the report is being updated,
and the movement is coming out as expected before.
The most important part is whether the weekly chart MACD dead cross is in progress.
If the Bollinger band weekly chart resistance line is touched,
the dead cross is ignored and can continue to rise,
but if it is not touched,
the dead cross must be imprinted while moving sideways,
so the sideways movement period may be long in the mid-term.
Today, based on trend following
* One-way long position strategy when the red finger moves
1. $ 107,086.5 long position entry section / stop loss price when the green support line is broken
2. $ 113,417 long position 1st target -> Good 2nd target
The Good section at the top is the weekly chart Bollinger band resistance line. From this section touch, you can operate a short position autonomously,
and from the update of the report, it can shake up and down greatly,
so you must proceed with the stop loss price unconditionally.
From the green support line -> Bottom, a long bullish candle is in progress,
and since it is a full candle,
even if it moves sideways,
it should not go down to the bottom and
should be supported.
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.
NAUKRI Key levels for 21/01/2025**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 LONG Gold Analysis: Bullish Bias with Key Levels Identified
Our analysis indicates a bullish bias for gold, with the market currently forming a higher-high, higher-low structure. Key observations and setups are as follows:
1. Order Block and Confluence:
• A significant order block is identified at the 2687 region, aligning with the 38.2% Fibonacci retracement level and the trendline of the ascending channel.
• We anticipate prices to dip to the bottom of the channel, sweep below the liquidity zone, and then rebound towards the upper boundary of the channel as volatility increases.
2. Downside Scenario:
• If the channel breaks to the downside, a retest is likely to occur. Upon confirmation of the retest, the next liquidity level is estimated around 2671, which aligns with the broader channel structure.
• Additionally, the 2658 region serves as horizontal support and aligns with a potential stop-loss placement in this scenario. This level represents a critical point for assessing further bearish momentum.
3. Upside Opportunity and Symmetry:
• On the long side, the setup aligns with a symmetrical triangle pattern, indicating the possibility of a retest before resuming the upward trajectory.
• With this setup, our take-profit target is significantly higher, yielding an attractive risk-to-reward ratio of 3.53:1.
RELIANCE KEY LEVELS FOR 20/01/2025//@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.