Intraday Trading with Gann

Until 10:19 it was still hoviering above buy target of 5041 around 10:20 it was trying to touch or break above 5056.24 1st target. running between 5048 to 5054 in 5 min TF. in 1 min TF it slowly inching to touch 1st target.

@ 10:25 it broke 1st target and opened above the close of previous clsoing 5 min tf.and touched 5061.80 and moved to 5059. And in 1 min TF it broke 1st tgt @ 10:25 and hovered above it in range 5054 to 509 though it touched @ 10:26 it touched 5060.42 however @ 10;28 it touched 5060.90 next candle was red as 1st resisteance was 5058.
 
iT GAVE A SELL SIGN @ 5058 AND CAME TO 5044 AND FROM THERE IT WENT TO 5055 TRYING TO BREACH AGAIN 5056 FINALLY IT BROKE @ 11:20, MARKET WAS RUNNING SIDEAYS AFTER FIRST TARGET BETWEEN BU TARGET AND FIRST TARGET

ALOK URS
 
iN 5 MIN tf IT GAVE THE SAME BUY SELL ABOVE AS 09:30 CANDLE @ 12:30 WHERE AS 10:30 IT WAS 5057 IN tf 5 , AND 11:30 IT WAS 5048.40 IT GAVE BUY ABOVE 5058 AND SELL AT/BELOW 5041 AND THIS TARGET ONE WAS 5025 AND IT TOUCHED @ 12:15. tHEN IT STARTED TO PUSH UP
 
AFTER PUTTING 12:30 PRICE IN GANN CAL 5031.40 5tf BUY WAS 5041 AND 12:39 CANDLE TOUCHED 5042 AND 12:41 CANDLE WAS ALSO TOUCHED 5041 COULD NOT SUSTAIN AND WENT DOWN TO 5038 AND PUSHED UP AGAIN TO 5040 THIS COULD NOT SUSTAIN AND CANDLE CLOSED @ 5039, NEXT CANDLE OPENED AT 5038.88 AND BROKE 5041 TOUCHED 5043 AND HOVERING BETWEEN 5040.40
 
IT TOUCHED 5048 CAME DOWN TO 5042 AND PUSHED UP AGAIN TO 5046 @ 12:53 , HIS CANDLE MOVED UPTO 5050.50 AND CLOSED AT 5046 , NEXT CANDLE OPENED 5048 WENT UPTO 5050 AND MOVED DOWN 5045 WITH RED CANDLE WITH BUYING PRESSUE COMING AT THIS LEVEL CANDLE TURNED TO GREEN AND RED ALTERNATIVELY MOVING UPTO 5048 AGAIN RUNNING UPDAND DOWN WITH 2 POINTS UP AND DOWN. tHOUGH macd, rsi AND STOCH WAS MOVING UP , PRICE WAS RUNNING SIDEWAYS TO BREAK , THIS SEEMS TO BE THE HARD PART WHICH SIDE. cANDLE CLOSED AT 5043 WITH RED CANDLE OF GREEN BORDER TO CANDLE BODY . nEXT CANDLE OPENED AT 5044.20 AS GREEN CANDLE
 
@13.04 candle closed green with 5044.5, next canndle green opened at 5045 and went upto 5049 in 5 min tf and came down to 5045.77 again however hovering above 5041
 

Similar threads