rasindu2003

rasindu2003

Bitcoin had a really huge uptrend due to the spot approval from SEC but previous day it made a huge downtrend .Btc may continue to the down side but before it moves down it has to rebalance the price action according to the 1H time frame.then we will see the reaction what happens next i expect a nother upward move to the 44000/43500

rasindu2003

in here gold need to reach 2009/10 level first.then we are creating a good game plan for gold because the trading plan is important to the day trading. Let's begin: 1.In here i expect gold hit 2009/10 and do a big down with a high volume.the correction which is bigger than the move will move the pair down and turn bullish to bearish. this is my wrost case one...

rasindu2003

Eurjpy has been broken the flag pattern and it has tested.so we can do long by taking a small risk

rasindu2003

GBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy . EDUCATION so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.( SBR ).also the trading...

rasindu2003

i have previously noticed that my final target is 1935 ..so i am still waiting till gold buy above 1918/15 zone..the situation like this, which displays on the chart ,what we could expect ?i am expecting a psychological reaction in 1920(psychological area).gold does a correction till 0.78 FIB level then it will rise till 1930 again.also we need to check price...

rasindu2003 Updated 

According to the price action and the price patterns ,finally gold will buy .gold created a triple bottom and it will made a huge rejection to the upside till 1935 . if the gold breaks 1935 then the target is 1945 /50 range.on other hand if gold breaks bellow 1915 it will lead gold to move to the hell(1881). But pattern structure will not able to do that.i...

rasindu2003 Updated 

Gold had done a serious down move..but now it is creating a head and shoulder patter in 1H .so it is a good sign which proves gold will change its trend so what we need to do just wait break till the neckline then we can see a clear buy till 1940 if that range breaks the it moves to 1950 .my final target is 1950 .lets see.

rasindu2003 Updated 

currently the situation oversold.we can see it on the RSI.but EURCHF had broken the trend line 4H so in that point .this pair will do a short term buy correction and it will fall again.

rasindu2003 Updated 

currently gold is trading in a bearish wedge pattern n D1 chart.Also it has been reacting for the 1910-1912 very strong resistance and the EMA 200 was supporting for the rejection the situations like this what we can expect the higher rejection to the upside is possible .if gold trade above 1920 and behave steady above that area will move gold to 1929-30 strong resistance

rasindu2003 Updated 

Ths is my psychological view about eurusd .it has already printed double bottom in the 1H time frame but ,due to the weekly close of the market may be reduced the strength of the doble bottom .so to breakout this bearish channel EURUSD has to form a new patter like head and should to make a bullish reversal .so i am expecting a bullish bias for the next week on the EURUSD

rasindu2003

previously gold on a massive uptrend and it was manipulating on a consolidating area between 1961 and 1954..By the way according to the daily prospective gold made a huge impulse without and correction and now it is time to correction.We knwo that the any market do not continue it own trend without a correction so we may see a correction then it will continue its trend .

rasindu2003 Updated 

As i have predicted the GOLD have moved to 1890 level .so we know that the no market is moving as a straight line and now it is time to do a correction on gold but still in a bearish chanel so it will be a sell after this correction

rasindu2003 Updated 

currently the gold is moving between a bearish channel and is broken below the weekly resistance ..in that case it would be fall more until 1880 weekly support which was previous resistance .in that point gold seems quite bearish .we can see the daily demand around 1910 area was actived and price moved to 1930-1936 area again. on other hands , IF the gold trade...

rasindu2003

In previous days US dollar index made a serious down trend towards 102 level ..the bearish scenario is still valid until it move above 38.2% FIbo level..so we could see a small correction then a huge sell as an impulse.

rasindu2003 Updated 

Now gold retested as well as to continue it bear trend but the dollar index is till showing som kind a small up trend so in that case gold will fall a little bit to 1952 level again and make a double bottom at the level them move high. on the other hand we can see a daily trend line has not broken yet so it that case gold so we have a still chance to looka at...

rasindu2003

FED powell has been made a serious impact to the dollar index which was overbought because of the huge supply to the DXY.BUT dxy has not touched the valid area to sell .so we could see a simple upside move ment then it falls down .. By the way DXy has been retraced about 38.2 in fibo levels and also the market had closed when it was retracing so that could be...

rasindu2003 Updated 

previously gold made a huge down trend to 2036 are to 2005 area.because of the strength of the dollar had been increasing.So in that case we could expect a more dollar rejection to the upside .Dollar is going up means gold will fall.Not as vice versa but direction are completely opposite . on the other hand gold will rise fro a long term but we have to see the...

rasindu2003 Updated 

just like my previous announces gold went to 2007 area and moved up .Also in NFP day gold made a serious down trend to 2000.34 which is a strong psychological barrier so we could expect move bullish continuation according to the Gann speed resistance theory and according to the technical perspectives .we are not looking for selling positions .we are only looking...