HI Guy's this is the Super Bullish monthly continuation trend with 4$ Rule
Note : In this trend i have Targeted 1622 but it can reach upto 1700 so pls keep your equity strong as we can see 50 to 80$ or more spike at one time with super high volatility. In this volatility you may have to lose your account so, SL of at least 120$ or above should be maintained as...
Trend Analysis - Valid Till 2nd August 2019 with 4$ Rule.
This is what i see.. 1400.26 breaks we see 1397 ext 1392 and 1416.60 above will take us to 1424- ext 1427.. if fundamentals are strong then we may see again 1441-44 within these two days .
This chart is valid till 2nd August 2019 only.
4$ rule to be maintained strictly.
Since last 2 weeks the daily range most of the time playing above 20$ we have to move according to it .. and keeping our hedge or SL figures tightly maintained. Friday close below 1400 made see that the fuel for upward is low. so we can again test till 1384/ 3 and then go for 1433 /38 as per the wave. ..the come back to lower low of 1377 ext 1355 then we shoot for...
watch 30min RSI & MACD.. let RSI get oversold.. if the movement is slow.. it will come to 1415.. if the movement is higher... at lower side.. then it can come to 1412 to 1408.. but i would recommend.. not take sell or short at 1430.. our hedge figure is 1435.. .. let the retrace take place.. and come back to hedge figure above.. so that it continues till...
1358.82 achieving target.
1344.67 above is leading us for our target.
1332.70 above is confirmation which can lead us for breaking 1344.67
1320.73 Buyer's are getting stronger.
1304.96 is the line btwn Bull & Bear, above is Bull and Below is Bear.
1288.46 Bear's are getting stronger.
1281.02 confirming that it will go more down to test.
1269.71 Bears getting...
Today's Range 13$ again 1327.61 ext 1329.88 down side 1317 ext 1315 & 1312.
Note : For Today 1321.35 is the cut off point btwn Bulls & Bears
4$ rule always applied. GL
And pls don't forget to see my Weekly Chart.
Today's Daily Range 8$
1325.06 ext 1321.40
1329.92 ext 1331.30
GL guy's and remember
4$ rule always applied.
Take your profits in intervals.
Note : 1328 is Refree btwn Bullish & Bears Fight.
it should be watched very closely imo.
This is my weekly view and if this levels are broken.. it will try to retest or bounce back to another higher level.
Important things to watch is whether it retest 1315 or it will go further down. Or it will bounce back to 1338 and above.
This is the weekly scenario. Will post Daily chart with figures after some movements happens in the market.
Weekly figures or...