This is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at...
Energy sector has been very strong for some time. We have a decent pullback now across the sector. Halliburton is at a major support that might hold. $ 35.84 - 36.22 is the current support to hold. If this does NOT hold then uptrend is likely over. If it DOES hold, we should proceed to new highs. =============================================
AAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. ...
CHFJPY is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
NZDUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
Looking for a retracement back to 2286-2305 levels before continuing higher. Waiting for a pull back above 2387.7, followed by a closure below 2360.5 for confirmation. I will be looking for sell entries off of the lower timeframes such as 15/30 mins. 1st take profit will be around the 2332 mark, with full take profit between 2286 and 2305. OVERALL TREND IS...
AUDCHF is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
SOLUSDT is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
GBPAUD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
GBPUSD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
ALGOUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
NZDUSD is in strong bullish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
ZRXUSDT is in strong bullish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
RUNEUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
EURUSD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new HH. What you guys think of this idea?
COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and...
On this 15 minute chart from the candlesticks, supply and demand zones are tool drawn. The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator by Chris Moody shows both the faster 5 min and the slower 60 min rising over the...