Gold came to see the shape of downtrend.
Gold has not reached YPP (P) 1269.009 and is trying to fall again.
Please look at the weekly,You can also see the red trend line being conscious.
But I decided not to use this line because of my discipline.
So I will not do anything now.
There is no reliable horizontal...
NSE:ICICIPRULI ICICIPruLife is trading near support area of 360-365 from where it has bounced two times in past one year, same is visible in above chart. We are expecting similar kind of bounce back from these support zone and risk reward is favourable. RSI is showing upwards divergence on daily charts.
We are recommending strong Buy around 373-376 with Stop...
There is a neckline of irregular head & shoulders of the daily scale.
The place is 6000.
Looking at daily, the raise after the neckline 6000 touch is not strong.
It retries again to 6000, and if it fails it is long trader dominance, but if it reaches around 6000.0 it is considered to be a short continuation.
The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786.
If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase.
However, the penetration to YPP (S1) remains as difficult as the previous idea.
Most recently I will consider transactions with a story aiming for YPP (S1) attack.
1) MPP (P) 0.74689...
Over time, eurjpy was pushed up from the area of YPP (P) 128.637 and MPP (P) 128.786.
It will be stopped around 130.000 and the next week will be come.
130.000 is not only a round number but also a head & shoulders neckline, so it seems that there are many conscious traders.
(Also worried that for MA...
On June 28, gbpusd attempted to attack MPP (S1) 1.30760 and YPP (P) 1.30508 last month and pushed back cleanly.
It is currently stopped at MPP (P) 1.32437 this month which was made in July.
<< notes >>
Last month's MPP
On the weekly chart, it can not be said whether the up trend of last year is breathing back or aiming...
I think that it is difficult in the short term.
Because there are MPP (S1) 1.15111 and YPP (P) 1.14786 near 1.15000.
Although We can see a state of attacking 1.15000 in May and June, it was impossible to touch.
It seems that the barrier is still thick.
However, it is a position that can not be denied that there is a possibility of going down under 1.05000 by...
Last month It ran a range between MPP (P) 109.442 and MPP (R1) 110.769.
Location of MPP of last month
In July, the resistance of the MPP (R1) last month went out and price ran up like a racehorse who confirmed the gate opened.
However, although it is commonplace, that alone is not a strong trading reason.
Bitcoin can not decide where to go from MPP of last month.
I will continue to select the downtrend approach.
1-1) It rise to MPP (P) near 6641.8 and MPP (P) is functioned as a resistance line.
The first limit is on WePP (P) 6225.1.
The second limit is above 6000.0.
There is WePP (S1) 5904.6 under 6000.0, so there is a risk of extending the limit any...
MPP was updated in July.
Unfortunately, however, it did not almost move about this symbol.
As the weekly chart, it is a range market so it will be both short and long compactly for a while.
<< tactics >>
1) MPP (P) 0.98956 is function as a support line
The first limit is under WePP (R1)...
It was pushed back near the double zero of 400.00 on the weekend, but it was stopped again by the horizontal line (461.80 in my chart).
Also, in July, the position of the MPP changed, so that there was no strong resistance up to 400.00.
I am watching it as a downtrend now, so I'd like to put a short as a set sequence.
<< tactics >>
1) Horizontal line 461.80...
In July a new MPP was drawn.
Currently it is the situation that it will rise again with the support of new MPP (P) 1.31266 neatly.
Even if looking at the weekly chart, It have been slowly raising it for nearly 10 months.
As a provisional up trend, I'd like to simply place a long.
<< tactics >>
It was a story of five months ago when I made a move towards 2900.0.
Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence.
I assume that this symbol is not considered an uptrend already.
However, most recently it is likely to consider trading...
As last week, I am taking measure of double zero 3.000 to function as a resistance.
However, Please be aware that the low price is rising and it is a price move that has not given up trying to penetrate double zero 3.000 above.
But, at the moment, I consider a short as judging that double zero 3.000 has functioned as a resistance.
<< tactics >>
1) It was judged...
There is no trend, it is NK225 that goes between 22000 and 23000 range.
However, it is still difficult to understand price movements.
I think that there is no problem by doing both trading and selling.
<< tactics >>
1) MPP (P) 22372.6 can be recognized as functioning.
There is WePP (S1) 22195.6 on the way, but thought to penetrate, it limits above...
The rate once went back through the double zero 6000.0.
Currently it is a situation to receive resistance at around MPP (S1) 6353.9.
Judging that it is a down trend, if you apply the set sequence, I'd like to have a short position well.
1) Resistance MPP (S1) was judged to work.
Short entry. The limit is above double zero 6000.0.
Or if you assume double...
It have temporarily updated the latest low of 0.74126 this week.
Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015.
There are four lines that become the barrier. (There are many)
1) MPP (S2) 0.73356
2) YPP (S1) 0.72900