TheSultanTrader

TheSultanTrader

We are currently in a downtrend coming down to a possible support area. Lets see how price reacts in this area. Would wait for breakout and retest before making any trades

TheSultanTrader

Interesting area to look at as this is an area of resistance. We are coming to this area with a lot of bullish momentum so will like to see how price reacts before taking any trades. Wait on the retest.

TheSultanTrader

XAU has been consolidating for a few days in this pennant formation. We have been holding this support area but also noticeably we have been making lower highs. Wait for breakout and then retest before making a trade

TheSultanTrader

Interesting area to look at. We are currently in a downtrend but coming down to some major support. Will wait for a retest before taking any trades

TheSultanTrader

Interesting area to look at as we are approaching resistance on multiple time frames. Will be looking for a short once we break market structure. We are still currently in an uptrend.

TheSultanTrader

Watching AUD as we approach this resistance area. Looking for signs of weakness in the market structure before taking a short position to the 0.57 area . If it breaks through then next resistance is the 0.645 area.

TheSultanTrader

Watching market structure as we approach this area of resistance. We are currently holding an uptrend but will be looking for a short if the trend shows signs of weakness

TheSultanTrader Updated 

I believe this is a bearish retest as long as it stays below the 1650 resistance area and expect a retracement at least to the 1610 area. The last monthly candle also closed bearish .

TheSultanTrader Updated 

breaking out and retesting out of descending trend. Stop at previous low and expect a retest at the 1.08 - 1.0830 area

TheSultanTrader

We have double topped so far in the .8740s area after breaking out of a descending triangle. We have failed to pass 200 MA as well. Expecting a bullish retracement and will take a temporary short if we manage to keep .8750 as resistance and it will also need to break the current uptrend that it is holding. Wait for the retest before taking trade

TheSultanTrader Updated 

We currently broke out of a descending trend. I believe we will retest previous support in the 1.099 area if we can hold this major support at 1.077 area

TheSultanTrader Updated 

We are currently retesting after breaking out of a descending triangle. If we can hold this 200 support area then i expect to push towards the upside.

TheSultanTrader

Looks like MATIC is breaking out of a descending triangle and retesting. As long as we can hold this trend and support in the 200 area then im bullish

TheSultanTrader

If we can hold the 580s-590s area then i do expect to break out of the downtrend trend

TheSultanTrader

BCH did not hold 4300-4400 area as support. Once broken we retested the 3600-3700 area and retested the previously broken support in the 4400 area. We are now retesting the new support in the 3600-3700 area and if we hold this area then i expect bullish continuation. I recommend waiting on the breakout and retest once we break the downward trend

TheSultanTrader

We have retested support after initial breakout. If we can hold this level as support (4200), then I expect continuation towards the upside.

TheSultanTrader

EOS falling quickly after not holding the 5100 area and failing to break resistance in the 5300 area. If we can hold the 4700 area as support then I do expect to retest the 5100 area

TheSultanTrader Updated 

We are now testing support after previously testing resistance in the 5300 area. We have wicked multiple times below support but the body did close back above. I believe we are going to test the 5300 area again