As we can see, price has shot up, tested the major key level of 3101.6 twice before continuing further up. Right now, it's testing January's previous structure support of 3221 which can potentially become resistance. If price completes this head and shoulders pattern, there shall be bearish movement ahead.
As we can see, price failed an attempt to finalize a head and shoulders pattern to the downside. Price pushed back up and closed above the neck line. Price also made a three inside out bullish candle reversal at demand. Price shall break and close above my 1 hour inverse head and shoulders in attempt to go back into previous supply zone.
Price Had a break of structure last week, now creating the countertrend to retest the BOS and continue Downward Momentum
Waiting to see what Price action does at the Exhaustion levels.
Will be waiting for Buyers exhaustion, Bearish Engulfings, Cross of MA's, Break of support before Entering
After making a huge Downward move (so many confluences) at the start of the last week, Price has made a retracement to the 78.6.
Expecting a retest of the 78.6 Fib, Creating a double top, with MA's Crossing, Bearish engulfings, Break of Support with a retest.
WSA is an Australia-based mining company & its activities include mining, processing and sale of nickel sulfide concentrate from high-grade nickel mines, other base metals and platinum group metals. The price has retraced to the 61.8% fib level & closed the gap. It is also the historical resistance zone and is currently providing support. The quarterly results are...
What we can see here is that price has been showing rejection from the major key level of 1593.70. Not only just that, we see multiple rejection from that zone between 1546 and 1562. Recently, price has broken out of early February's descending trend line. Will price reach that major key level resistance and show a possible rejection or break out and retest that...