Suria97

Suria97

For swing traders , Next few weeks , based on my chart, if price breaks past 1835 , we are heading higher up till 1860 -1880 range , retracement back to 1850 area possible , look out for a breakout of this huge pennant. Hopefully this works , $50 moves in hand. Strong bullish divergence to support this as well both on RSI and MACD.

Suria97

Good day traders , I have produced an analysis for those seeking to take swings in Gold. Currently , the descending triangle has been broken with prices at 1806 now. If it holds , the next target is 1816 , fibo 0.618 level with the usual pull backs and eventually reaching 1851 at fibo 1 level. Looking at RSI , if it breaks the red trendline , then we have...

Suria97

Dear traders , With reference to my earlier chart on gold , it hit my target price that was 1792/1793 zone and followed the path as plotted in the earlier chart. We have strong resistance at 0.236 Fibo level ( 1791 ). Two possible scenarios 1)If 1791 rejected we could see it heading back to 1815 levels. 2) If 1791 broken , I expect it to consolidate around...

Suria97

Dear traders , If you have followed my earlier calls ,,( refer to earlier chart on gold on my feed ) you would have made a decent profit for the first call. Second call i admit you would have been stopped out but hey there is a first for everything. It was my first successful analysis here on trading view and I was happy indeed that i was able to share the...

Suria97

Dear fellow traders, In my journey of becoming a successful trader , I have learnt one very important rule. It is a core and basic rule of all trading. Please inscribe it into your mind like you would onto a rock with a nail. ALWAYS USE A STOP LOSS. Why ? Let me tell you story of how all my money , burnt my accounts and sat on the cold hard floor why life was...

Suria97

For swing trading only. Wait till rejection at 1700 and buy. If Fibo 0.236 at 2337 rejected , close trade. If broken , use trailing stop loss. Target is 3356 ( 0.618 Fibo ) level. However if 2337 rejected and 1707 broken , then e are heading for next Supply zone at $1300. In the mean time RSI shows bearish divergence , sentiment is still bearish. Happy trading.

Suria97

Dear traders , From a technical standpoint , my chart consists of a pitchfork which can only be seen in full in a daily or weekly timeframe but for now for positional and day trading I am using 4H chart. Gold closed at 1812.25 today. It STRONGLY REJECTED 1829 ( 0.786 Fibonacci ) levels. It lost to 200MA as well. Its next landing spot would be 1801, though 1804...

Suria97

Forgive me for the amateur drawings still working my way around this platform. However lets focus on the important stuffs. Seems as though ETH is now done with its Head and Shoulders and what could have been a false breakout. It has not broken the trendline. If it does break resistance it is bullish , in the mean time more likely it would complete the H & S...

Suria97

If it breaks past 1950 , it will be a good time to short , as MACD is now crossing at the material time. Support 2000 Breakout signal 1950 TP 1700 SL 2150

Suria97

Currently , with the market unsure , based on my past mistakes this is where i believe the market might move. Though i did not fill in the moving averages , for the purpose of this chart , the trendlines used will suffice. Resistance = 3012 If it breaks through resistance , wait for it to break the next downtrend resistance. My prediction is another correction...

Suria97

Ethereum might just fall through like a waterfall , India has already banned Bitcoin and China is already banning it too. If Ethereum can’t maintain strength on those support lines , it’s going to be a waterfall as a correction is needed currently.