Top resistance band was hit near the $9800 level, looking to short back to the daily trend ans the triangle formation continues. $9000-$9100 area target.
Several indicators i use are showing a short opportunity is approaching. I believe this will signal the end of the 9K + zone for the medium term. Daily fib levels are $7700 and $7000 if we break $8600
$9500 level broke, currently price is testing the Daily trend, I expect a continuation of a correction on the Daily chart. Targets are Fib levels of $7700, $7000 and $6250. Long term swing low date i am testing is the 30th May.
Price has pulled back to 38% at $9500 zone, Now looking for a long to previous high, next level if we break that is $10500 zone. Positive energy from 1PM.
Price is about to retest the main trend and previous high of $9500. Energy supports move to the upside in the next 24-48hrs. Time is up May 15th on this run.
Price cornering to break out, positive energy available over the next 24hrs to support move.
The forecast drop went 45' shy of the expected price and now we have made a higher low followed by a lower high, do we break here or is there another higher low, before the next high..
Retrace here with initial target at $8300, 180' from previous high. Energy available 11-12 noon, and 1-2 PM.
Next high if we break the current trend is $10139 360' from the start of the move and 90' from previous high of $9480.
do we continue up from here until the May 15 top, or do we retrace to the $8K area first? Comment your thoughts
$9500 held and rejected as the down trend was met. Looking at a solid retrace now as low as $8K Plenty of energy remains to drive price back down so hold on for the ride.
Main down trend approaching, expect resistance although energy promotes a break out is possible. Trend is up until the 15th May $9500 level must be watched
Right on cue, price has responded to the time pivot. High energy period over the next few days so expect volatility .
Time point reached tomorrow, expect an energetic move over the next few days. High energy Astro and time cycle pivot.
Ascending triangle, Time has reached 120 as of tomorrow with high energy Astro available to boost the break. Expect a solid push over the next few days. Bulls are in town.
projected top of this bull run is 15 May $9500 zone. Sharp reversal from that point.