PLUME has finally broken out of a 54-day consolidation phase on the daily timeframe, forming a clear triangle pattern. This breakout could signal the start of a new upward trend, making it an interesting spot market buy opportunity. Are you watching PLUME? Let’s discuss the potential! Share your thoughts below!
Recently opened a long position on pyth. Aiming for $0.1666 for tp 1 and full close at $0.1735
Hello, Skyrexians! We have already forgot about BINANCE:ATOMUSDT , asset which can only drill the bottom and be weaker than other crypto, but last 2 days it shows strength against all market. While most of coins are below the February 3 low, Cosmos is about escape this dead zone. The Elliott waves order is the king and price cannot be in correction forever, so it's ATOM's time and we will explain why. Let's take a look at the weekly time frame. We can see two green dots on the Bullish/Bearish Reversal Bar Indicator , both of them have been conformed. They have the great angle with Alligator and have been formed at 0.61 Fibonacci level. Moreover we can see the divergence between first and second reversal bar with Awesome Oscillator. We have a lot of strong signals that bear market is over and now price can reach the new ATH in the global wave 3. We need just wait! Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
AXL ~ 1D Analysis #AXL High risk trading, Buy after successfully penetrating this resistant line or buy after successfully testing this support block. with a short -term target of at least 10%+.
✍️ NOVA hello everyone, Let's comment on gold price next week from 03/17/2025 - 03/21/2025 ? World situation: Gold prices pull back after briefly surpassing the $3,000 milestone, reaching a record high of $3,004 per troy ounce before retreating to $2,982, down 0.21% for the day. Uncertainty surrounding President Donald Trump's trade policies and a weaker US Dollar initially fueled the surge but later led to a price correction. Meanwhile, geopolitical tensions continue to influence demand for the safe-haven metal. The Ukraine-Russia ceasefire hangs in the balance, with signs of reluctance from Moscow to uphold the 30-day truce. ? Identify: Gold price has reached over 3000 this week, a new turning point. The trade situation is still very tense, the momentum continues for the upward trend next week. ? Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $3043, $3078 Support : $2954, $2882 ? NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
The first two weeks of this month gbpusd has been going long for about 400 hundred pips, I expected the target resistance zone is at the price 1.34,400. I still speculate that 1.34400 is a resistance but since the market is at the 61.8 Fibo level ,that is a potential point of price reversal, expecting sell retest makes sense to me. Target sell retracement is at 1.25500 and target resistance after retracement is at 1.34400 . NOTE : be optimistic but remember to take a raincoat
? BANK NIFTY Trading Plan – 17-Mar-2025 Bank Nifty is currently trading near 48,024 and reacting to the Opening Support Zone: 47,975 – 48,027. Chart shows clear zones for both supply and demand. Let’s break it down into three opening scenarios with well-defined trade plans. ? Scenario 1: Gap-Up Opening (200+ points) If Bank Nifty opens above 48,227 (i.e. directly into or above the Opening Resistance Zone: 48,267 – 48,323), it could witness supply pressure in the short term. ✅ Plan of Action: If price opens in 48,267 – 48,323, wait and observe the first 15–30 minutes. A bullish breakout and strong candle above 48,323 with volume can trigger a move towards the last intraday resistance at 48,457. Above 48,457, next target is the Profit Booking Zone: 48,639 – 48,708, where one can partially book profits. If price gets rejected from 48,323 and forms lower highs, consider light put positions with strict SL above 48,357. ? Why this works: These zones reflect earlier consolidation, where either buyers or sellers dominated. Reaction at this zone determines the intraday trend. ? Key Levels: ? Resistance: 48,267 | 48,323 | 48,457 ? Target: 48,639 | 48,708 ? SL (if shorting near resistance): Above 48,357 ? Scenario 2: Flat Opening (Within 100 points) A flat opening near 48,000 – 48,050 would mean prices open inside the Opening Support Zone: 47,975 – 48,027. ✅ Plan of Action: Watch how prices behave near 47,975. If it holds and 15-min candle shows bullish rejection, go long for targets of 48,121 – 48,267. If there's no momentum or a range forms between 47,975 – 48,121, expect consolidation. Trade only near extremes of the range. Breakdown below 47,975 with follow-through volume can drag prices to 47,839 (gap-down support zone). Avoid aggressive trades in a sideways market. Be patient for breakout/breakdown confirmation. ? Why this works: The market often retests previous zones of buying/selling pressure. A flat opening gives traders the opportunity to assess real-time sentiment based on price reaction at these zones. ? Key Levels: ? Support: 47,975 | 47,839 ? Resistance: 48,121 | 48,267 ? Breakdown Target: 47,839 → 47,621 ? Scenario 3: Gap-Down Opening (200+ points) If Bank Nifty opens below 47,839, it would directly test the last intraday support zone, possibly heading towards the Buyer’s Support: 47,527 – 47,621. ✅ Plan of Action: If price stabilizes around 47,621 – 47,527, observe for reversal patterns like hammer, bullish engulfing or RSI divergence. A bounce from this zone offers risk-reward favorable longs, with targets of 47,839 – 48,000. If selling pressure is strong and 15-min candle closes below 47,527, avoid longs — more downside may unfold. Only consider fresh shorts if price shows consolidation below 47,527, targeting 47,400 – 47,250 levels. ? Why this works: Gap-downs often cause panic, but these also provide traps for sellers. Reversal zones like Buyer’s Support give excellent bounce-back trades when combined with price confirmation. ? Key Levels: ? Panic Support: 47,621 | 47,527 ? Bounce Target: 47,839 | 48,027 ? SL (if buying near bottom): Below 47,470 ?️ Risk Management Tips for Options Traders ? Avoid trading the first 5 minutes: Let volatility settle. ? Time decay alert: Avoid buying far OTM options post 11:30 AM. ? Use spreads: Hedge naked calls or puts with spreads to reduce risk. ? Avoid overleveraging: One trade should not blow your capital. Stick to position sizing. ? Set a Daily Stop Loss: Define your max loss for the day and strictly stop trading if hit. ✅ Summary & Conclusion ? Gap-Up Opening: Watch for breakout above 48,323, aim for 48,457 → 48,639, else fade if price rejects resistance. ? Flat Opening: Respect 47,975 – 48,027 zone. Longs possible on hold; breakdown leads to 47,839. ? Gap-Down Opening: Monitor 47,621 – 47,527 for potential bounce. Breakdown below 47,527 could mean deeper correction. ? The best trades will come from zones where price reacts strongly. Combine price action confirmation with good risk-reward setups. ? Disclaimer I am not a SEBI-registered analyst . This content is intended purely for educational purposes . Please do your own analysis or consult a financial advisor before making any trading or investment decisions.
? NIFTY Trading Plan – 17-Mar-2025 Nifty is currently hovering near the Opening Support Zone: 22,351 – 22,378, with a key resistance at 22,442 and profit booking zone near 22,617. Depending on how the market opens, we will plan our trades accordingly. ? Let’s analyze different scenarios: ? Scenario 1: Gap-Up Opening (100+ Points) If Nifty opens above 22,442, the index will test the last intraday resistance at 22,551. A decisive breakout above 22,617 may trigger strong bullish momentum. ✅ Plan of Action: If Nifty sustains above 22,551, look for bullish price action and enter longs with targets of 22,617 and 22,680+. If a sharp rejection occurs near 22,617, consider booking partial profits and trail SL. Avoid chasing longs if Nifty starts showing weakness near resistance. Wait for a pullback. ? Key Levels to Watch: 22,442 (Support) | 22,551 (Breakout Zone) | 22,617+ (Profit Booking Zone). ? Tip: In case of a fake breakout above 22,617, selling pressure may drag Nifty back to 22,442. Watch for reversal patterns before taking aggressive trades. ? Scenario 2: Flat Opening (Within 50 Points) If Nifty opens near 22,383 – 22,434, we will monitor price action near the Opening Support/Resistance Zone. The first 30 minutes will be crucial for direction confirmation. ✅ Plan of Action: If Nifty bounces from 22,351 – 22,378, look for long opportunities targeting 22,442 and 22,551. If Nifty struggles to hold 22,442, expect sideways action. Trade only near major levels. A breakdown below 22,351 will indicate weakness, leading to a test of 22,296 and 22,208. ? Key Levels to Watch: 22,351 – 22,378 (Support Zone) | 22,442 (Resistance) | 22,551 (Breakout Confirmation). ? Tip: Use a wait-and-watch approach in the first 30 minutes. Let the market establish direction before making big trades. ? Scenario 3: Gap-Down Opening (100+ Points) A gap-down below 22,351 could push Nifty towards the last intraday support of 22,296. If the selling extends, watch the golden retracement zone at 22,114, which is a high-probability demand zone. ✅ Plan of Action: If Nifty stabilizes at 22,296, expect a recovery towards 22,351 – 22,378. Scalping opportunities exist. If selling pressure continues below 22,296, expect a further slide to 22,114, which will be a must-watch area for buyers. Only consider fresh longs at 22,114 if strong reversal signs appear. Else, avoid catching falling knives. ? Key Levels to Watch: 22,296 (Support) | 22,208 (Breakdown Confirmation) | 22,114 (Golden Buy Zone). ? Tip: Avoid aggressive longs in a gap-down scenario unless a clear reversal is seen at major supports. Watch for confirmation before entering any trade. ⚡ Risk Management Tips for Options Traders ? Premium Decay Alert: If Nifty consolidates, avoid buying OTM options. Time decay will erode premiums. ? Hedge Positions: If selling options, hedge using spreads to reduce risk. ? Exit at SL: Do not hold options hoping for reversals. Stick to the predefined SL. ? Avoid Trading the First 5-Minutes: Market volatility is high; let a pattern form. ? Size Appropriately: If uncertain, reduce lot size and wait for confirmation. ? Summary & Conclusion ✅ If Nifty Opens Gap-Up: Watch for 22,551 – 22,617 resistance zones. A breakout can trigger further upside. ✅ If Nifty Opens Flat: First 30 minutes are crucial. Support at 22,351 – 22,378 should hold for longs. ✅ If Nifty Opens Gap-Down: Watch 22,296 for a reaction. If broken, 22,114 is a key buy zone. ? Final Note: The best trades come when price action confirms levels. Avoid emotional trading and respect stop losses. ? Disclaimer I am not a SEBI-registered analyst . All views are for educational purposes only. Traders should conduct their own analysis or consult a financial advisor before making any investment decisions.
*GBP/JPY Sell Opportunity Alert!* We've identified a high-probability selling opportunity in the GBP/JPY pair, with a sell entry at 192.300. This level represents a strong resistance level, where sellers are likely to enter the market and push prices lower. *Key Influencers:* - Currencies: USD, EUR, and JPY - Commodities: Oil - Bonds: Gilt, GJGB10, and T-Note - Indices: FTSE 100, Nikkei 225, and Dow Jones - Organizations: Bank of England, Bank of Japan, and respective governments *Trade Details:* - Sell Entry: 192.300 - Target Levels: 191.440, 190.508, and 188.607 - Stop-Loss: 193.810 *Reasons to Sell:* 1. *Technical Resistance:* Strong resistance level at 192.300. 2. *Bearish Momentum:* Bearish signals from momentum indicators. 3. *Fundamental Analysis:* Negative UK economic data and strong JPY. 4. *Overbought Conditions:* Overbought conditions on RSI indicator. *Trading Strategy:* Sellers may enter at 192.300, with a stop-loss at 193.810. TP levels can be used to take profits or adjust the stop-loss. *Share with Your Friends!* Don't miss out on this potential trading opportunity! Share this alert with your friends and fellow traders, and let's make some profitable trades together! *Remember:* Always use proper risk management and trading strategies to minimize losses and maximize gains. Happy tradings Keep your best wishes to Travis ?
God First Minimum Risk Maximum Reward Action Backed Believe # faith, strategy, and execution all in one #