? Unlock the potential with my #CrudeOil Intraday Technical Analysis for 05 December 2024! ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! ?❤️ ? Range Trigger Point (RTP): 5,839 ? Day Range: 158 ? Long Position ? Buy Above: 5,924 ? Average Position: 5,905 ? Target 1: 5,937 ? Target 2: 5,997 ⛔ Stoploss: 5,871 ? Short Position ? Sell Below: 5,886 ? Target 1: 5,741 ? Target 2: 5,681 ⛔ Stoploss: 5,939 ✨ With over 6 years of research and back-tested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets. My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other important signals, I identify the best price ranges, entry points, timing, and appropriate stop-loss levels. I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! ? #CrudeOil #CrudeOilMCX #Commodities #TradingSignals #IntradayTrading #MCX #NumroTrader
XAU/USD surges in a decisive breakout, breaching key resistance levels as bullish momentum accelerates—gold shines as the ultimate safe-haven asset amidst market volatility!..
Zomato Ltd view for Intraday 5th Dec #ZOMATO Resistance 290. Watching above 291 for upside movement... Support area 280 Below 285 ignoring upside momentum for intraday Support 280 Watching below 279 for downside movement... Resistance area 290 Above 285 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
Technical Analysis & Price Action * Trend Overview: QQQ continues its bullish momentum, reaching $523.52 before consolidating near $522. This upward channel is intact, with buyers maintaining control, but caution is warranted as it approaches resistance. * Support Levels: * $517.50: Immediate support aligning with recent pullbacks. * $513.33: Strong support where buyers previously stepped in. * $510.00: Key psychological support, failure here may lead to further downside. * Resistance Levels: * $523.52: Immediate resistance, a breakout above this level could push toward $530. * $527–$530: Major resistance zone to watch for profit-taking or rejection. Liquidity Zones & Order Blocks * Liquidity Zone: $516–$517, high trading volume with significant activity, acting as a pivot zone. * Order Block: $520–$522; a breakout here could signal bullish continuation. Scalping Playbook 1. Bullish Setup: * Entry: Above $523.52 with increasing volume. * Target: $527 (partial) and $530. * Stop Loss: Below $520. 2. Bearish Setup: * Entry: Below $517.50 with a strong breakdown. * Target: $513.33 (partial) and $510. * Stop Loss: Above $520. Swing Trade Strategy 1. Bullish Swing: * Entry: Close above $523.52 with volume and bullish momentum. * Target: $530 (short-term) and $535 (medium-term). * Stop Loss: $520. 2. Bearish Swing: * Entry: Close below $513.33 with strong selling pressure. * Target: $510 and possibly $505. * Stop Loss: $515. Thoughts & Projections * QQQ’s strong uptrend shows no immediate signs of reversal, but volume at resistance needs to be monitored closely. * The MACD histogram indicates slowing momentum, suggesting a potential pullback before the next leg higher. * Focus on intraday volume and watch for rejection near $523 or a breakout confirmation. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your own due diligence and manage risk effectively.
State Bank of India view for Intraday 5th Dec #SBIN Resistance 865. Watching above 866 for upside movement... Support area 850 Below 855 ignoring upside momentum for intraday Support 850 Watching below 848 for downside movement... Resistance area 865 Above 855 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
BTC at 100k! I remember the pain of having btc but not been able to acess that! Anyways! As mentioned in my previous chart, Standing by the opinions as mentioned in the days chart i posted earlier linked below. Now This was the chart i drew and exactly did happen the same, except for the spring, https://www.tradingview.com/x/k2sx8Aue/ Now next happens to be something ive seen happening previousyly 1, BTC reaching 109K ( my last suggestions based) 2. A big red candle equating longs 3. Taking Res at 98k and then hitting up TP's Ideally i would wait for another big candle, or a volume dump to take actions, But next TPO likes in 98541. 104,541 is the time im wriitng this, can break it, if tpo stays for the day, can be shorted till 98541.
Liquidity is extremely strong in this area, creating a high probability for price to move both up and down to trigger all stop-losses before continuing the downward trend. What we expect: The price breaks this box to the upside, grabs liquidity from the minor high, and then resumes the downward movement, aligning with the overall bearish trend for gold. This scenario highlights the importance of staying cautious and planning trades carefully around these key levels.
Technical Analysis & Price Action * Trend Overview: PLTR has shown volatility with a sharp drop from $72.20 and a quick recovery to the $70 zone, currently consolidating around $69.69. This indicates indecision with potential for a breakout or further correction. * Support Levels: * $67.28: Immediate support from previous consolidation. * $65.65: Strong support aligning with a prior liquidity zone. * $64.24: Critical support, marking a potential bearish breakdown. * Resistance Levels: * $71.31: Immediate resistance; a break above here could target $72.20 and beyond. * $72.20: Key resistance; breaking this level on volume could lead to a bullish rally toward $74. Liquidity Zones & Order Blocks * Liquidity Zone: $67–$68, where significant volume accumulation occurred during recovery. * Order Block: $69.50–$70.50; a breakout from this range could determine the next directional move. Scalping Playbook 1. Bullish Setup: * Entry: Above $71.31 with volume confirmation. * Target: $72.20 (partial) and $74. * Stop Loss: Below $70. 2. Bearish Setup: * Entry: Below $67.28 with a break on heavy volume. * Target: $65.65 (partial) and $64.24. * Stop Loss: Above $68. Swing Trade Strategy 1. Bullish Swing: * Entry: If PLTR closes above $72.20 with strong volume. * Target: $74 (short-term) and $76 (medium-term). * Stop Loss: $70. 2. Bearish Swing: * Entry: A break below $65.65 with volume. * Target: $64 and possibly $62. * Stop Loss: $67. Thoughts & Projections * PLTR’s current price action shows potential for a breakout above $71.31 if the bulls maintain momentum. However, failure to hold $67.28 could lead to a bearish reversal. * The MACD on lower timeframes is curling slightly bearish, indicating caution. Monitor volume closely for confirmation of either direction. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and manage risks responsibly.
Technical Analysis & Price Action: * Current Trend: MSTR has shown a sharp breakout above the downtrend channel, signaling bullish momentum. The price is approaching key resistance at $419. * Support Levels: Immediate support lies at $410. Below that, $400 serves as a psychological and technical level. Stronger support is seen near $393. * Resistance Levels: Key resistance stands at $419. A breakout above this level could target $430-$440 in the near term. Liquidity Zones & Order Blocks: * Liquidity Zone: Between $393-$400, where buyers have consistently stepped in to support the price. * Order Block: Around $400-$410, reflecting potential institutional interest. Scalping Gameplan: 1. Entry for Scalping: * Long Entry: Above $419 on high volume, targeting $425-$430. * Short Entry: Below $410, targeting $400 and $393. 2. Stop Loss: For longs, place stops at $410; for shorts, set stops above $415. 3. Exit Targets: For longs, partial profit at $425 and final exit near $430. For shorts, aim for $400 with reassessment at $393. Swing Trade Strategy: * Bullish Setup: Enter above $419 with a close above this level, targeting $430-$440. Set a stop-loss at $410. * Bearish Setup: If the price breaks below $393, consider shorting with a target of $380-$370. Suggestions & Projections: * MSTR's breakout from the descending channel is a strong bullish signal. However, watch for volume confirmation at $419 for further upside. * If the stock fails to hold $410, a pullback to $400-$393 is likely before the next leg up. Thoughts: * Scalpers should focus on the tight range between $410-$419 for quick moves. * Swing traders might wait for a clear breakout above $419 or a retest of $400-$393 for cleaner setups. Disclaimer: This analysis is for educational purposes only and is not financial advice. Always perform your own research and trade responsibly.
3 entries and 3 profits booked with RENDER ? It was a good channel to trade to, I was just observing the OBs and hit LONG at the support level waiting for the breakout. I guess we'll see on the new ATH? Who knows.