M1 : Ongoing trend reversal in progress. 38.2% Fib ret @ 41'575 filled. Low so far being 40'548. Next target on this time frame is @ 37'360 ahead of a very strong support @ 34'372. W1 : KS @ 40'550 hold... for the time being D1 : Failure to recover above the D1 pivot level @ 45'000 increased the expected selling pressure. Global picture is showing a primary broad...
M1 : In an ongoing bearish downtrend channel. Watch clouds resistance (31.20) & 23.6 % Fib ret(31.90) as pivot levels on this long term time frame W1 : Below the clouds and currently attempting to recover above the Mid Bollinger Band with TS, slightly above it A weekly closing level above those 2 levels, above mentioned, would be a first warning confirmation of...
M1 : Ongoing trend reversal in progress W1 : Currently, below the Mid Bollinger Band D1 : Below the clouds. Recovery attempt. Pivot level @ 45000 (D1 closing basis) H4 : Potential double bottom in progress ! Trigger @ 45'850 H1 : Above cluster. Double bottom trigger level (45'850), also coincides with H1 clouds resistance area M30 : Attempting to breakout the...
M1: Ongoing trend reversal which has been triggered by a doji pattern, Current candle is for the time being confirming this bearish price action (long black candle). In addition, the 38.2 % Fib ret @ 45575, has nearly been reached, low so far being 42'185. Monthly closing level at the end of May will be crucial !!! W1 : Last W1 closing @ 46'444 is below the Mid...
M1 : Ongoing trend reversal in progress. Pivot level on M1 closing @ 52'021. 38.2% Fib ret @ 41'575 ! BULLISH ABOVE BEARISH BELOW W1 : 48680 on W1 closing is VERY IMPORTANT ! D1 : 2 dojis on a row ! Ongoing candle is currently attempting to breakout the support line in green. Watch carefully at today's closing level and a failure to hold above the 49'000 area...
M1 : Still in its ongoing uptrend channel. May closing level will give clues for June. W1 : Under the influence of a major double top formation trigger level being @ 12'207 Last week price action triggered a low of 12'915 which hold Kijun-sen level ! Nice recovery triggered by this rejection and as a result W1 closing level is above the cluster of MBB and TS.. but...
M1 : 50 % Fib Ret @ 1.8060 % nearly reached, high seen so far being 1.7740 % in March. W1 : Sideways 1.4840 % -1.7740 % trading range Currently traded below Tenkan-Sen (conversion line) D1 : Still under the influence of a former double top formation and failure to hold above the clouds is likely to trigger further downside in the coming session (s) Interesting to...
H4 : In an ongoing downtrend price action, far away below the clouds ! In addition, there is a symmetrical triangle formation in progress on which a breakout will give the following implications : UPSIDE BREAKOUT : + 5720 , Target around 56'000 (also clouds resistance area !) DOWNSIDE BREAKOUT (expected !) : - 5720, Target around 42'500 (VERY IMPORTANT SUPPORT...
M1 : Far above the clouds ! Ongoing bearish price action, currently below the monthly pivot level @ 52021. May closing will be important for further development ! W1 : Far above the clouds too ! Support trend line of the ongoing uptrend channel has been briefly broken overnight in reaching a low so far of 45'700, also moving briefly below MBB, currently @...
M1 : ATH @ 4036; Ongoing trend reversal in progress ! W1 : Bearish engulfing in progress (wait W1 closing for confirmation) TS under attack, first significant support @ 3765 ahead of 3597, 3462 and 3326 (clouds support zone in this time frame) D1 : Double top formation in progress coupled with a bearish divergence trigger level @ 3882 (which should be confirmed on...
M1 : Volatility, volatility and volatility... W1 : Weekly pivot level @ 0.4715 D1 : Former uptrend support line broken. Pullbacks attempt without success for the time being ! H4 : Under the influence of a double top formation (trigger level @ 0.51733) and target @ 0.2932 ! Currently attempting to recover above the DT trigger level. Below the clouds and still below...
M1 : One way up... W1 : Weekly pivot level @ 3'436 D1 : In an ongoing uptrend channel attempting currently to breakout on the upside this channel. Wait D1 closing today H4 : Same than D1. Next H4 closing level would already give some clues for the upcoming trading hours. H1 : Actually caught in a 4200-4350 trading range watch breakout on one or on the other side....
M1 : Currently above the M1 pivot @ 52'021, low seen over the week @ 52'924 W1 : Roughly in the middle of an ongoing uptrend channel. Watch potential breakout on one or on the other side. On the downside major support to look at on W1 basis is @ 49'100 which is also, currently by the way the bottom of the clouds support area. D1 : WATCH THE CLOUDS, WHICH AGAIN AS...
M1 : Still in a broad bear trend channel, below the clouds W1 : Same than M1, but some potential recovery signal in progress D1 : In an uptrend channel, still below the clouds, yesterday's price action triggered a long white candle (which is usually a bullish signal) but needs to be confirmed of course. Looking ahead in case of a trend continuation on the upside,...
M1 : Still, for the time being in an ongoing uptrend channel.. but long black candle in progress should be seen as a first warning signal of a trend reversal in progress which should of course be confirmed on M1 closing at the end of May. W1 : Under the influence on a major double top formation in progress with its trigger level @ 12'207; if activated target is @...
M1 : ATH so far @ 0.741460... now roughly lost 50 % from the peak ... W1 : Weekly pivot level on W1 closing level @ 0.4715 D1 : Up 313 % in roughly 3 weeks... and down 43 % in 3 days... Former uptrend line support broken and TS too !! H4 : Double top formation in progress, coupled with bearish divergences on several technical indicators !!! Double top trigger...
M1 : ATH so far @ 4208... W1 : Weekly pivot level @ 3436 D1 : Yesterday's price action triggered a doji pattern = uncertainty & indecision First significant support @ 3674 ahead of more important @ 3344 H4 : Mid Bollinger in progress to be broken (wait for next H4 closing for validation or invalidation !) H1: Ongoing bearish trend still inside the clouds which has...
M1 : Trend reversal in progress. Pivot level in this time frame @ 52'021 W1 : Roughly in the middle of an ongoing uptrend channel. Watch MBB as first significant support level D1 : Failure to recover above the clouds and above the psychological level of 60'000 (59603 high !) has been confirmed by two black candles which are followed today by another black candle...