Please have a look of the Blue TL and Red TL. As long as the price is trading above the Blue TL the price has upward momentum, any close below will push the price downward. Current price action shows that price will break the ATH and will lead towards the black horizontal line at 21054. Please leave your comments. TRADING PLAN: BUY LIMIT 20030 SL: 19900 TP: 20755
The SPX500 if manage to close above the last high of 5670 on Daily TF then expect the price to hit the TL.R at 5764 from where the prices can fall back a bit and then move for the next target to TL.B2 at 5810 and if it closes above that point then you can expect the price to move to take over the PIVOT R3 at 61110, but if it is rejected then expect the price to...
The SPX500 if manage to close above the last high of 5670 on Daily TF then expect the price to hit the TL.R at 5764 from where the prices can fall back a bit and then move for the next target to TL.B2 at 5810 and if it closes above that point then you can expect the price to move to take over the PIVOT R3 at 61110, but if it is rejected then expect the price to...
If the price has to reverse then it should reverse from the point where it is currently trading (1.3628), beyond this point price will move to 1.3794 from where it can reverse back to 1.3380 which could be strong support for the huge rally that could lead to break the last high of 1.4677 and can set a new record high. The dotted red lines indicates the possible...
If price remains below 1959.32 which is 2021's high then price will get support at 1875.02, which a apex point. If price has to go up it should remains above 1875.02 targetting 2187.87 but if prices closes below 1875.02, then obvious target will be yearly (2022) Pivot Point 1836 which should stand solid support. In case the prices pierece through PP and closes...
There is a big barrier for the further movement for USDJPY. According to Trend Line projection the max it could lead to 145.354 and after closing above this point will open the further advancement to 152.00 As we can see below there are many hurdles in the pair advancement according to the Trend lines drawn. Wish you all the best with your Trading.
Resistance 1 is at $89.02 from where price will take a bit downside slide ($82 - $80) and then can proceed further to the target $93.43 There are two paths as indicated buy blue and green pathways. Market can behave differently but I am describing, what I am seeing.
Since the all the time high the Nas 100 went down to 10431.8 from where it makes its way up to 15931.60, from where it has fallen to 14553.5 On three month time frame it seems that prices has hit its upward target of 15931.6, which was actually 15940 (according to Gann analysis). It seems now price is trying to go up to fill its price gap at 15711. Anyhow, its...
EURUSD price is approaching towards its minimum target of 1.08263, close below this point will open the next target at 1.0700 from where it can get support. The real support is around 1.0669, that could prove to be the reversal point for the EURUSD.