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.
Gann
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.
RBLBANK KEY LEVELS 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.
SENSEX KEY LEVELS 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.
NIFTY 50 KEY LEVELS 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.
BANKNIFTY KEY LEVELS 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.
#NMR: Harnessing AI for Decentralized DataDescription:
This trading idea focuses on NMR (Numeraire), the native token of the Numerai platform, which leverages artificial intelligence and blockchain technology to revolutionize data science and financial predictions. Numerai allows data scientists worldwide to build predictive models for hedge fund trading while ensuring privacy and decentralization. NMR incentivizes participants by serving as a staking and reward token, fostering innovation and accuracy in data-driven forecasting. As AI and blockchain adoption continue to rise, NMR is positioned to benefit from growing interest in decentralized finance (DeFi) and data analytics.
However, the cryptocurrency market is inherently volatile, influenced by factors such as regulatory updates, market sentiment, and technological advancements. Investing in NMR requires caution, sound risk management, and a clear understanding of market conditions.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Cryptocurrency investments, including NMR, carry substantial risks, including the potential loss of your entire capital. Always perform thorough research, evaluate your financial position, and consult a financial advisor before making investment decisions. Past performance is not indicative of future results.
#ONDO: Unlocking Tokenized Investment AccessDescription:
This trading idea centers on ONDO, a cryptocurrency designed to bridge the gap between traditional finance and decentralized finance (DeFi). The ONDO protocol facilitates tokenized investment strategies, enabling users to access innovative financial products such as fixed-income assets and structured yield opportunities. With a focus on making sophisticated financial tools more accessible, ONDO is uniquely positioned to attract both institutional and retail investors seeking diversified investment options within the crypto ecosystem.
As the demand for tokenized financial products continues to grow, ONDO benefits from its pioneering role in this space. However, the cryptocurrency market remains highly volatile, and external factors like regulatory changes, market sentiment, and macroeconomic conditions can significantly impact its price performance. As such, investing in ONDO requires a cautious and well-informed approach.
Disclaimer:
This trading idea is provided for educational purposes only and does not constitute financial advice. Trading and investing in cryptocurrencies like ONDO involve substantial risks, including the possibility of losing your entire investment. Conduct thorough research, consider your financial circumstances, and consult with a professional financial advisor before making any investment decisions. Past performance is not indicative of future results.
MOVE #MOVE/USDT AnalysisTVC:MOVE #MOVE/USDT Analysis
0.5528: A key zone for entering long positions. This aligns with the 0.618 Fibonacci retracement level, indicating strong support.
0.3138: Secondary long opportunity if the price revisits this level, which is close to the 0.786 Fibonacci retracement level.
1.1410: First potential target.
1.4113: Second target if bullish momentum continues.
1.7307: Final stretch target for a strong uptrend.
December 10 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.
Bitcoin 30-minute chart.
No Nasdaq indicators announced today.
I created a strategy based on the Nasdaq pattern and Tether dominance vertical decline conditions.
*When the blue finger moves,
It is a two-way neutral
Long->Short->Long switching strategy.
1. Pursuit purchase at $97,533 / Stop loss price when the green support line breaks
2. Target price in the order of $100,201.5 long position 1st target -> Top -> Good
The final return section is
Autonomous long position switching according to real-time movement
Please note that the 12-hour chart MACD dead cross pressure on Nasdaq is the key.
Ignore Nasdaq and follow the trend strategy.
If the 2nd section breaks out today,
It looks good to wait long at the bottom,
The pink resistance line of the 1st section at the top / green support line, the 2nd section
Convergence section is a sideways market.
The Good at the top, the Bottom section at the bottom
Moves within a small box.
It looks like the direction will come out from the breakout or breakout.
If the strategy is successful, it would be good to aim for minor altcoins that have not yet been pumped.
Up to this point, please just refer to and use my analysis
I hope you operate safely with principle trading and stop loss prices.
Thank you.
When should we say goodbye to the market?Personally, I will not indulge in daydreaming or get caught up in the marketing hype. Considering the circumstances and Trump taking the presidential seat, even if a strong bull run occurs, I will exit the entire cryptocurrency market by July 2025 at the latest.
The trigger will be in my hands from late January, and I’ll give it a maximum of six months after that.
Best regards.
THENA ideaComprehensive Trade Idea for $THE/USDT
Entry Point (Buy): 1.66 (Market Price)
Initiate the trade at the current market price of 1.62. This level is strategically chosen based on technical analysis, with the expectation of bullish momentum in the near to long term. It represents an optimal entry point to capitalize on a potential upward trend while managing risk effectively.
Stop Loss: 1.36
The stop loss is set at 1.36, positioned below a key support level to minimize potential downside. This placement provides a buffer against minor price fluctuations while ensuring that losses remain limited if the market moves unfavorably.
Take Profit Levels:
TP1: 1.79 – The first target is set at a nearby resistance level, offering an opportunity to secure early gains. This is ideal for traders aiming to capitalize on quick bullish moves.
TP2: 2.14 – The second target represents a stronger resistance area. Reaching this level would confirm continued bullish momentum and provide a higher reward for medium-term traders.
TP3: 2.87 – A more ambitious target, indicating a substantial upward move beyond key resistance zones. This level is suitable for traders aiming to capture a significant profit while holding the position longer.
TP4: 5.20 – The final target reflects the long-term potential of this trade. It is based on broader market trends and a projection of sustained bullish performance, appealing to traders with a higher tolerance for holding positions over an extended period.
Why This Trade Setup is Effective:
This trade idea balances short-term gains with long-term potential, allowing traders to progressively secure profits at key levels:
Short-term traders can lock in profits at TP1 or TP2 for faster returns.
Mid to long-term traders can aim for TP3 or TP4, targeting significant growth as the trend develops.
The stop-loss placement ensures disciplined risk management, protecting against larger losses while allowing the trade room to develop. The tiered take-profit strategy enables traders to adjust their approach based on market conditions, ensuring flexibility and adaptability to shifting trends.
Overall, this trade setup combines a favorable entry, clear risk management, and a structured profit-taking plan to optimize outcomes across various trading horizons.