As I said in previous posts that the alcoin leader Ethereum is either going to breakout or breakdown from this level. The price action of ethereum got multiple rejections from 2000 and 2100 in past weeks. It is now testing the supports of 1800 and 1600. My idea is to go long with entry after confirmation of support above 1800. My goal will be the resistance of...
US30 took rejection from 32000 twice. My target is long position only after supports of 31600 and 31200.
As mentioned yesterday the price was expected to test supports from where long positions were recommended with targets of 31600 and 31900. The price took support from 31400 instead of 31200 from where long positions were taken and both targets of 31600 and 31900 were achieved. The price is expected to continue the upward momentum today. My target is to wait for...
The Altcoin mover ethereum is in a downtrend for the past few months. The price action of ethereum is taking correction on a weekly time frame which is almost completed. I am expecting a reversal in trend in coming weeks. For intraday my idea is that the price is taking huge supports at 1950. My goal is to go long after the price takes support from 1950 with...
The yellow metal took resistance from 1865 yesterday but the support of 1850 is still strong. My idea is that the price of gold will now move upwards and try to break the resistance of 1865 today. My target is to take entry after confirmation of support of 1850 near London break down. My target is resistance of 1865. #XAUUSD #gold #goldtrading #goldtradingsystem
US30 took support from 30600 on Friday. The rally continued on Monday . US30 met with initial rejection at 31900 after testing the resistance multiple time the price action started moving downwards. Currently the US30 is testing the support of 31600. My idea is that the price will try to take support from 31600. My goal is to make entries at 31600 and 30600 with...
As I mentioned in previous week’s technical analysis that gold is likely to take a support from 1800 and a pull back towards 1850 is most likely to happen. the price took support from 1800 and gave a weekly high of 1850 as forecasted at the start of the week. The overall trend is now reversing but we can see strong resistance around 1850 to 1860. And after that...
As I said in previous week’s intraweek technical analysis of US30, the price is going to test the support of 31200 before more any clear trend. the price did tested the support of 31200, before that the price made a false breakout extending to 32600. But ultimately the US30 lost almost all of its gains after disappointing financial results from leading retail...
Ethereum Intraweek Technical Analysis: As mentioned in previous week that Ethereum is going to consolidate around 2000 and it is going to either breakout or break down. Ethereum tried to breakout but met with immediate rejection around 2100.Now Again after consolidating below $2000 , ethereum is getting close to another breaking point. In coming week we might see...
US30 Intraday Technical Analysis: The price completed the correction and is now continuing the downward momentum. My target is 31600 and 31300 for intraday. From there we can expect a deeper move towards 30000 . I will take long term buying positions after confirmation of support at 31200 . before the 31200 the bears are incharge. We might see minor retracement on...
Gold Intraday Technical Analysis: Gold took a rejection from 1835 twice. My idea is that gold will test the support of 1800 again . My goal is to take entry with target of support of 1800. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics. #XAUUSD...
The price of ethereum took a rejection from 2100. My idea is that the downtrend is going to continue for a while. The price will test the support of 1800 once again . I am not going in for intraday on ethereum. Buying is already done at 1800. Next target is 1600 . If you like this or if you think the opposite of this or if there is any other opinion, mention it in...
Gold Intraweek Technical Analysis: The price took strong support from 1800. A pull back towards 1830 and 1850 can be expected. But the overall trend is still down. My idea is to sell at all resistance levels after rejection. In coming week in am expecting that the support of 1800 will be tested once again. My goal is to sell at all resistance levels with target of...
After consolidating below $2000 , ethereum is getting close to another breaking point. In coming week we might see a breakout or break down . long term position entries are already taken in ethereum with last entry at 1800. The initial target I am targeting is $3000 for long term. In coming week my idea is that if the price goes down it may test the support of...
As I said in previous week’s intraday technical analysis, US30 is going to test the support of 32500 and then reverse the trend, the US30 did tested the support of 32500 on the opening day, it failed to test the support and the downtrend continued with another 100% move towards downside before making any significant pull back. The price took support from 31200 and...
Gold Intraday Technical Analysis: The yellow metal faced rejection and 1870 and the downtrend prevailed in the gold market like all other financial markets . My idea is that the gold will try to test the support of 1950 once again today during London or New York session. My target is entry after the confirmation of support at 1950 with target of resistance of 1960...
US30 stayed sideways between 32500 and 32300 with false breakout both upside and downside. Today there are a more than three FEDs addresses at different times. My idea is that the US30 will test the supports of 32200 once again and resistance of 32600.My target is entry at 32200 after confirmation of support and my target goal will be 32500 and 32600 for...
The downtrend of JP225 continued yesterday. Today JP225 showed recovery in Asian session. But this is not going to sustain in intraday. My target is entry at intraday resistance of 26300 with target of 26100. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics