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Gann Square

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.
by avatarfreak
Silver Major Price Levels and Trend InsightsWelcome to my latest Silver (XAG/USD) technical analysis using Gann grid lines! If you're new to Gann analysis, don’t worry—I'll break it down in simple terms. What Is Gann Analysis? Gann analysis is a method developed by legendary trader W.D. Gann. It combines geometry, time, and price to identify key levels in the market where price action is likely to react. In essence, Gann theory suggests that markets move in predictable cycles and that certain price levels are more significant than others. How Does This Gann Chart Work? In the chart you see above, I've applied Gann grid lines, which create a web of horizontal, vertical, and diagonal lines across the chart. These lines represent price-time relationships and help identify critical levels where Silver’s price might find support or resistance. Each horizontal line corresponds to specific price levels (in US dollars), while the diagonal lines help capture the trend and potential pivot points. Key Price Levels Here’s a breakdown of the most significant levels that you can see marked on the chart: Resistance Levels: 427.5° = $33.49 (Strong overhead resistance). 405° = $32.05. 382.5° = $30.66. 360° = $29.29. Support Levels: 337.5° = $27.95 (Current level, a key area to watch). 315° = $26.64. 292.5° = $25.37. 270° = $24.13 (Major support zone). The numbers next to these levels represent angles or "degrees" in Gann theory, which are important for measuring cycles of price and time. What Do These Levels Mean for Silver? Currently, Silver is trading around the 337.5° level ($27.95). This level could act as strong support, and we could see a potential bounce if buyers step in. However, if the price breaks below this, the next significant support level is at 315° ($26.64). If Silver holds the 337.5° level: We might see a move back up towards $29.29 (360°), followed by $30.66 (382.5°) if the bullish momentum continues. If Silver fails to hold 337.5°: The price could drop towards $26.64 (315°), which is another strong support zone. Diagonal Trendlines and Time Cycles The diagonal lines crossing the chart represent Gann angles, which help forecast turning points in the trend. For example, when price interacts with these lines, it often leads to shifts in direction or momentum. These angles can give clues as to when a price change might occur in relation to both price and time. Conclusion In summary, Silver is at a key inflection point. A bounce from current levels could take the price higher toward $29 and beyond, while a break below $27.95 might lead to further downside. Using Gann analysis helps traders understand not only key price levels but also the timing of potential moves, giving a more complete picture of market dynamics.
OANDA:XAGUSD
by Magic_xD
Option Chain Before Earnings - $NVDA huge CALL skewThis week, keep an eye on NASDAQ:NVDA , which will release its quarterly earnings on Wednesday. Here are this week’s earnings releases implemented by the TanukiTrade Options Overlay indicator for Tradingview: 08/28 Wednesday after market close: NVDA , CRWD , CRM 08/29 Thursday after market close: MRVL The Options Overlay indicates that NVDA's call skew is above 55% at 54DTE, meaning that CALL options are priced 55% higher than PUT options for the binary expected move distance . This suggests that the market is pricing in a strong upward move. The yellow curve represents the binary expected move, while the blue curve shows the 16-delta OTM options. The green rectangle highlights the area where you can potentially profit from the butterfly trade if the earnings report meets bullish market expectations. Upward price levels: 7/8 - 138 8/8 - 150 Downward price levels: 6/8 - 125 5/8 - 112 If you agree with the market’s bullish sentiment, one of the best R:R trades might be a directional NVDA call butterfly. You can buy it for $109 with the nearest Friday expiration, with a maximum (theoretical) profit of nearly $900. It’s worth executing this trade before the earnings announcement. Note that the green dashed line is theoretical; while it's not a traditional trendline according to classic TA, the long-term upward trend is still quite clear Expiry: Aug 30 Legs: 1x140C -2x150C + 1x160C Net debit: ~$100 Max profit: $890
NASDAQ:NVDALong
by TanukiTrade
$GLD Breakout and Option Strategy Spotlight with Overlay It looks like GLD 0.44%↑ finally broke out of its sideways-upward channel on Friday. Time to explore some opportunities using our Options Overlay indicator on TradingView. The current IVR is at 84, while the 62 DTE average IVx is only 19.9, making this IVx level exceptionally high for gold over the past year. On the daily chart, the Gold ETF is trading between the 6/8 and 7/8 levels. The options chain shows that calls 62 DTE are about 130% more expensive, indicating a strong bullish sentiment in the market. Examining the standard expected move (STD1), even at 4 DTE, the upside target is 237 (7/8), with the downside at 6/8. The delta curve shows the 16 delta OTM call trending upwards toward the 8/8 level, which aligns with the 250 level. Given this, I would caution against buying single-leg calls at such inflated prices. A pullback could dramatically reduce their value, and time decay will work against you. If you're determined to go bullish, a simple CALL butterfly offers a better risk-reward ratio! GLD Bullish strategy - if we are expecting rising IV Assuming further IV increases (IVx rose by 2% over the last 5 days despite a drop in VIX and a rise in the underlying), a CALL calendar spread presents a solid R:R setup. The Options Overlay quickly highlights the optimal expiry dates to target: Sep 20-27. I noticed a 4% volatility skew between these dates. The standard expected move (STD1) and delta16 suggest an upward probability range capped at 245, meaning there's an 86% chance that AMEX:GLD stays below this level by Sep 20. Here's my setup in this case: GLD Sep 20th - Sep 27th 245 Calendar Call Spread. This spread, spotted in under a minute on TradingView, offers nearly 8x risk-reward, but it's beneficial only if you're betting on continued IV increases.
AMEX:GLDLong
by TanukiTrade
BTC Ramped Move to $96KWith wars raging in the middle and eastern Europe, Governments are constantly devaluing their civilians' purchasing power. The King of Crypto, with gold, seems to be a place of refuge from the increasing inflation. We have seen a sideways acclamation over the past 144 days, with a stop run below 52,500 handle to shake out the weak hands. Price rejected these prices and moved strongly back into the range. I believe this to be a wave 4 move, with wave about the develop. The RSI holding above 40 which is the bottom of a bullish trend. 144 days is significant timing for those Gann traders. My target is 96K calculated using fib extension and confirmed by Gann square of nine. The CBIdx indicator is holding above 40 with a small bullish divergence appearing. We Should see ramped movement to the upside in the coming week.
CRYPTO:BTCUSDLong
by TRADER-RI
MVIS All time GANN chartIn this chart you can see that MVIS has generally respected the curved lines and middle downtrend line (45 degree) angle. Bouncing off of them and on break throughs dropping to the next level. The last time we dropped to .15 MVIS bounced off of the curved green line all the way back up to the next one (and back down). At .82 MVIS was sitting on that curved line again. Thus far has bounce a small percent off of it. Looking for a continuation / repetition here.
NASDAQ:MVISLong
by CommissionGlum
MAHLOG- Analysis - Bottom Fishing Trade MAHLOG- Analysis Buy zone 370 to CMP or 389 Targets 451, 491, 538, if goes above this we can target for 632 also Stop loss - 346 for swing traders Stop loss - 328 for long term investor Important Dates to monitor :- 18th Dec 2023 23rd Dec 2023 (+/- 1 day) 10th Feb 2024 9th March 2024 - Very important date Hope this information will assist you in your trading / investment. Disclaimer -  I AM NOT A SEBI REGISTERED ANALYST OR ADVISOR. I DOES NOT REPRESENT OR ENDORSE THE ACCURACY OR RELIABILITY OF ANY INFORMATION, CONVERSATION, OR CONTENT. STOCK TRADING IS INHERENTLY RISKY AND THE USERS AGREE TO ASSUME COMPLETE AND FULL RESPONSIBILITY FOR THE OUTCOMES OF ALL TRADING DECISIONS THAT THEY MAKE, INCLUDING BUT NOT LIMITED TO LOSS OF CAPITAL. NONE OF THESE COMMUNICATIONS SHOULD BE CONSTRUED AS AN OFFER TO BUY OR SELL SECURITIES, NOR ADVICE TO DO SO. THE USERS UNDERSTANDS AND ACKNOWLEDGES THAT THERE IS A VERY HIGH RISK INVOLVED IN TRADING SECURITIES. BY USING THIS INFORMATION, THE USER AGREES THAT USE OF THIS INFORMATION IS ENTIRELY AT THEIR OWN RISK. Thank you.
NSE:MAHLOGLong
by PrashantTaralkar