Time for S&P500 to drop a little bit~S&P 500 has finally reached 4600~ after several weeks of uptrend, it's time to retest the 3/1 line ~
Gann Fan
BTCUSDFan pattern. Bitcoin monthly chart
In your opinion, which path do you predict for Bitcoin in 2025?
- Upward green color, the price reaches 300,000
- White color, the price range is between 40 and 20 thousand
- The red color is descending and the price reaches 10,000
(comment your opinion)
Gold analysis and short tradeIf you have been following my gold analysis and posts where I gave a swing short setup, I explained how we could see a good bounce from 1900 area and we have witnessed just that.
The chart is self-explanatory as to why we bounced. There were several confluences for the exact bounce price, it was a golden pocket which interested with trendlines from falling wedge and ascending broadening wedge perfectly.
Also as shown below we have Gann 1/2 support right where it bounced from.
Now I am waiting for Gold to move past 1980 area which is strong resistance as it's a macro-VAH as shown below which is exactly where gold is rejecting from currently.
Once it does move past that area, I am looking at another short setup on Gold from the exact measured move area of the wedge which is confluent with a cypher on the 4H timeframe as shown below.
If this short does not work Gold will create new all-time highs.
US500 Short for next 2 days at leastFrom price Action Perspective, we need a confirmation Candle on the reverse for the Shooting star on the daily time frame.
On GANN Sqaure and circles of support and resistance + Angles analysis, it was expected to reverse maximum between 4526 - 4531, which took place already.
I am shorting already since Thursday and Friday,, First Target for profits will be 4456, with few pull backs for quick scalping.
will set buying positions at 4456 and decide upon the new signals of continuation of Bearish or reversal to continue original trend.
Gold bearGold is developing a nice top. Trend reversal pattern. Committment of Traders is showing extreme positions.
Ethereum Gann Fan SupportsFor Ethereum, which returned from the $ 2100 resistance in the short term, a Gann Fan fit appears in the long term. If Ethereum, which is in the descending channel, holds at $ 1640, which is the Gann Fan support, it can walk to the descending channel resistance, and from there to the Gann Fan resistance. If it cannot hold the $1640 level, the target will be 1365.
V-Guard Looks very good after forming a nice bullish pattern in weekly and given a BO yesterday
Safe entry would be today's(weekly) closing above 268 which makes the weekly candle close above bothe box and Fann levels.
BTCUSDT WEEKLY POSSIBLE RETRACEMENT WITH HIGH PROBABILITYIf the price breaks down the white channel and the 2/1 GANN RAY , it will have a high probability to reach the VAH red line & 0.618 fib and if the three lines are broken down then the price will dump down to the green support area.
I am bullish on BTCUSDT as long as the price dose not break down the 0.786 level.
better to wait for a daily close to get confirmation for a reversal or continuation .
Good LUck
Rico AutoLooks good to break one of important Gann Box levels @104.
RSI above 65 in all the major time frames with more volumes coming in
MarutiSince the auto sector is doing good, most of the auto ancillary stocks along with Auto stocks have given a BO
Maruti which already gave a BO last month, holds supports from 2/1 gann angle showing more bullishness
Potential turning point on NFLX at $465Often we have the same distances from the 1x1 Line before we have a pullback.
You can see it like on the volume profile, where we have deviations from the PoC.
Or overbought and oversold conditions
Obviously these prices are too far away from the fair price.
Precision WiresLooks good to reach to that long term trendline resistance marked in Red
Safe entry above 86.5 based on weekly closing basis
RSI is above 65 and Volumes are also good
NTPCNTPC looks bullish in the long run as it breaks out of the critical Gann box levels and RSI > 65
PS Nifty PSE sector looks good as well after it has given a BO
Vasconn Engineering Stock PE - 8
Profit growth - 2618% +
Order book - 1740+ Cr
Company done many real estate projects in pune city
Huge potential in future
Looking really good technically too with more volumes and forming a nice setup to make a new rally.
Candle is at my favorite position on Gann Square.
Realty SectorBreaks out into the new Gann box level and MACD cross over being done
Keep an eye on this along with Auto and PSE sectors where ATH Bo is done
PSE SectorPSE sector looks promising in the following days ahead as it breaks out long term resistance reaching ATH
NHPCNHPC : Nice setup right at the Gann square area where a good run is expected.
Volumes are good for the last 3 weeks and RSI picking up it's strength
Capacite InfraCapacite Infra:
Looks good to break the important level at 207 with more volumes coming in this week.
Expected to give a decent run once it crosses 207
Paradeep PhosphatesLooks good to break one of the Gann box levels and take entry only after that @59 based on closing basis
RSI is showing strength as well above 65 on daily TF
Volumes picking up and it crosses the volumes of last few daily candles in less than an hour of trading day today
Kilburn Engineering Looks good above 130 once it breaks out of the long term trendline
Fundamentallyba decent stock as well
Monthly candle is placed in a bullish area on the Gann square.
Entry can be taken only above the Trendline.
KPR MillsExpected to give a good movement in this month as monthly RSI is showing strength above 65 and also the candle is at a bullish area on Gann square and above one of the Gann box levels
BTCUSDT POSSIBLE RETRACMENT LEVELSBTCUSDT possible retracement levels with high probability .
The two green OB zones are very strong and includes two fibonacci levels and FVG for the second green zone . Delta Volume Profile will show you difference between buy and sell at different price levels.
Good LUck
