Scalping Analysis for GOOGL: 1. Support and Resistance Levels: * Key support near $190 (GEX support and horizontal price level). * Resistance at $195-$197 (Gamma resistance and call wall). 2. Key Indicators: * 9 EMA & 21 EMA: Price is testing these EMAs, signaling potential for either a pullback or breakout. * MACD: Neutral but showing signs of potential bullish momentum. Await confirmation. 3. Scalping Plan: * Bullish Scenario: * Entry: Breakout above $195 with volume. * Target: $197, $200. * Stop Loss: Below $194. * Bearish Scenario: * Entry: Breakdown below $190 or rejection at $195. * Target: $187, $185. * Stop Loss: Above $192 (breakdown) or $197 (rejection). Swing/Day Trading Analysis for GOOGL: 1. Trendlines: * GOOGL broke below its upward channel but may retest $195. Watch for a rejection or reclaim of this level. 2. GEX Analysis: * Resistance: Strong gamma resistance at $195-$197. * Support: Major support at $190, $187. 3. Trade Scenarios: * Bullish Swing: * Entry: Above $195 with strong volume or bounce from $190. * Target: $200, $205. * Stop Loss: Below $193. * Bearish Swing: * Entry: Below $190 with retest confirmation or rejection at $195. * Target: $185, $182. * Stop Loss: Above $192. https://www.tradingview.com/x/Q51mPJQ4/ Options Play with GEX Insights: 1. High GEX Areas: * Call Wall: $195, $200. * Put Wall: $190, $185. 2. Suggested Options Strategy: * Bullish Play: * Buy: Jan 5th $195 Call. * Entry: Above $195. * Target: $197-$200. * Stop Loss: Below $193. * Bearish Play: * Buy: Jan 5th $185 Put. * Entry: Below $190. * Target: $185-$182. * Stop Loss: Above $192. 3. Options Oscillator Metrics: * IVR (42.6%) suggests moderately priced premiums. * Call bias (16.4%) indicates mild bullish sentiment but limited upside past $200. Insights: * GOOGL is testing critical support and resistance zones. A breakout above $195 or a breakdown below $190 will likely define the next trend. * Volume Watch: Confirmation of volume spikes at these levels is key to validating the directional bias. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always trade responsibly and manage risk.
buy it at 38-40 rs and hold it upto target its in bullish peanut weekly timeframe
GOLD Price can break resistance level and continue to going up In my chart as you all see sport touch 3 time to sport level and resistance touch 3 time to resistance level now is the time for gold to break the resistance Entry point 2625 Target 2676 Stop Lose 26214 Gold break the resistance level and hit my target Trade with your own risk
One of the best strategies is to identify areas where corrections have been completed. On the chart, a correction appears to have reached a key support/resistance area or multiple support zones. With a high probability of the corrective wave ending in this area, I'm waiting for a bullish trigger, such as a trend line or moving average breakout, to enter a buying position.
I am long no shorts I have an expected target of approximately $615 End Of January!! I will Not be Shorting!! Good luck Traders Buying Opportunity
Even a small hold of Bitcoin today can open doors to unexpected opportunities in the future. The market moves fast, and what seems minor now could turn into a significant gain over time. Don't underestimate the power of patience and foresight in the crypto world.
TVC:DXY "Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos As we head into the New Year 2025> I have struggled with the idea of the DXY rising or falling. However, I will sit back and watch PA play out and I will strike once we have further confirmation from the Order Flow. As we can see now on the 4Hr TF Bulls are in control with the Dominant Hand. Now if we back up just a bit and head to a HTF we have a Weekly Supply Zone / Daily Resistance Level ($109.452) above that we could see Mitigated here to come in the next few days/weeks all depending upon Intentional Volume. Let's stay on point>> Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey https://www.tradingview.com/x/g8J20Jqi/ https://www.tradingview.com/x/PtxbZcb3/ https://www.tradingview.com/x/9p62HC2T/
SOLANA needs to test weeklows to get a good buys on the money invested. Please understand that aiming 218.20 but the R:R at cmp looks bad. Opting for reversal from the sky blue block of chunk as stated.
We’re currently looking at Bitcoin on the weekly chart with 6 days remaining before this candle closes. It’s sitting at a key support level of $93,416.91, and Bitcoin needs to maintain this support for the bullish momentum to continue. If this critical support level breaks, we could see a bearish crossover, with the 9 EMA crossing below the 4 SMA. This could trigger a sharp decline and potentially lead to a panic sell. The next key support is at $87,328.39, which we’ll need to hold. We’ll revisit this analysis when the next move unfolds. If you found this helpful, please hit the like button.
IRCTC - Potential Bullish Reversal with Elliott Wave Setup Key Levels and Zones : Current Price: ₹777.25 (-₹3.15, -0.40%) Support and Buying Zones: Wave C Completion Zone: ₹762.00 - ₹788.00 Extended Retracement Zone (Liquidity): Below ₹762.00 Target Zone: ₹978 - ₹1,008 Stop Loss: ₹728.80 Chart Analysis : Wave Patterns: The daily chart illustrates an Elliott Wave correction pattern with the following structure: Wave A: Initial decline signaling a bearish move. Wave B: Temporary corrective upward move. Wave C: Indicates a potential bullish reversal in the zone ₹762.00 - ₹788.00. Change of Character (CHoCH): ₹815.75 acts as a key level for a potential sentiment shift if broken. Support and Resistance Levels: Support: Green zone (₹762.00 - ₹788.00). Resistance: Descending trendline and target zone (₹978 - ₹1,008). Trade Plan : Entry Point: Long positions can be initiated within the Wave C completion zone (₹762.00 - ₹788.00). Targets: Primary Target Zone: ₹978 - ₹1,008. Stop Loss: ₹728.80 to mitigate downside risk. Conclusion : IRCTC’s daily chart reveals critical support and resistance levels, presenting traders with a structured trading opportunity based on Elliott Wave theory. By closely monitoring the Wave C completion zone and CHoCH level, traders can position themselves for potential bullish momentum with a favorable risk-reward ratio. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your analysis or consult a financial advisor before making investment decisions. #IRCTC #TradingPlan #ElliottWave #TechnicalAnalysis #StockMarket