DAILY
Still expanding the current wedge we are in. Peaking at 193.50, which could either be our ceiling this week or our target before heading up to 193.60
4H
We are still in a small pullback flag, so the assumption stays that long term we are bullish but no commitment as of yet.
1H
We either going to bounce on 191.30 or we are going to get rejected at 192.00,...
DAILY
Just had an expanding wedge and price is building more into the wedge. 38655, shows us further price movement to possibly the upside.
4H
38600 is a form of some support, look left and you will see the test / rejection and sensitivity around this price. The expanding wedges are just giving us signs that there's bearish pressure when they happen. So we are...
DAILY
Still following the channel and building it further. Currently 17949, which is giving us more confirmation to the direction we are anticipating.
4H
The little reversal candles don't give us enough information to go in any direction.
1H
17865 had a double bounce here, which had long wick touches to show rejection.
15Min
It's bottoming out and price is...
The forecast went in the direction of the market. Which shows that we working and getting better and the edge getting sharper.
DAILY
We finally broke out of the consolidation and chose a direction (short). Bouncing off 150.80, with the current candle now pushing upwards. We have slight direction as to what we are doing.
4H
Bull channel and we hit the bottom of...
We did well on the trade. Now rinse and repeat.
DAILY
Broke down below 191.24 and closed there. We are currently forming a reversal candlestick, the next candlestick will give us direction.
4H
We are trying to reverse from the drop that happened. Bouncing off 190.80, and we still pushing up. We still in the middle of a bear channel reversal, so we are waiting...
DAILY
18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction.
4H
Double bottom and...
DAILY
All we have is consolidation and reversal candles with no definitive pattern. Yet they are pushing upwards, tomorrow we will get the correct direction.
4H
Inverse H&S and we still struggling to break the neckline of the pattern, therefore we have no guarantee that we are going up. We broke it but came right back and have been struggling to break it...
We did well and got both our trades hit our exit point. Now rinse and repeat
DAILY
Broke through a resistance level and started creating new highs, plus our ascend was very impulsive and engulfed the bears in the market. Indicating we are pushing up and fighting bears now.
4H
191.24, the support price I will believe will give us further signs to look for longs...
Daily
The beginning of a reversal (to the upside) the completion of todays candlestick will help confirm that. It looks to be forming an evening star right at the top of the resistance which adds to our confirmation.
4H
We definitely are still on the right track but we are still just slightly early.
Got the test of the previous resistance (39620) correct just...
UPDATE
4H
We are still consolidating and this is not the time to enter but rather the time to wait for a breakout of either direction.
1H
We are in the middle of a channel but we are consolidating. If we follow the possible formation of the channel we expect a bull run to 152.20 which will be a break of the highs and a point to look for trades to...
Update
4H
We have been moving up. 190.550 was and still is our current support.
15Min
The reversal candles we just had showed us extra opportunities. The RR is just shy of our ideal RR, hence the SL (190.65) is tight, but the TP (191.25) is the same as the previous trade.
WEEKLY
Highest high, peak, top price. 18467, we bouncing around these areas and that is indication of more bulls to come. For now it's first a matter of getting momentum to go.
DAILY
18300 being the strong level of rejection with wicks all over the place is signs of reversals we would anticipate them going down and falling hard.
4H
Aiming down, possibly to...
WEEKLY
Previous candlestick confirmation were 2 bullish engulfing candles which gave us bullish movement.
DAILY
152.100 our rejection level, even got a reversal candlestick right on it but we will wait for the next few candles. Rather an immediate breakout either up or down, we have consolidation.
4H
It's just more consolidation, up and down, averages no...
WEEKLY
Spinning tops at the current price (190.60), therefore we wait.
DAILY
190.00 looks to be the rejecting price, we are moving up.
4H
190.60 is a strong level we bounced of and had candlestick confirmation to the upside.
1H
191.30 is where we are anticipating
15min
190.40 was our resistance and turned into our support
So wrong or just too early.
Mid way we were moving following our analysis and the bulls just gained energy but that's okay. I did have quite a bad week so it would have affected my thoughts.
Currently 39450, were we anticipated the major drop is where we can adjust and rework our analysis from 1W down to 15min.
Weekly we have a strong bearish candle, which...
We are still waiting for the move. This rejection of the price 151.50 is an indication that price is being squeezed. We can therefore anticipate an impulsive more.
Short-term I do see the sell, the more I zoom out the more I see the buy for longer term purposes. LL's below 18180 I would see the bears strength for now I'm forecasting bulls coming in and taking over but firstly we are going to stay patient and just watch.
