Temporary fib first of all - could break higher - If not and pivot is here then back down for mthly support test etc. back down the ladder . Still early 9:30 pm Asia bear would help . GL use stops and keep your stick on the ice -
Upper targets - 60 / Mthlys 61.38 /63.36 - Playing under 60 atm considering a tease if it drops back for support .382 fib or lower . Please Like/agree if this is of help .
Upper targets - 60 / Mthlys 61.38 /63.36 - Playing under 60 atm considering a tease if it drops back for support .382 fib or lower . Please Like/agree if this is of help .
Upper targets - 60 / Mthlys 61.38 /63.36 - Playing under 60 atm considering a tease if it drops back for support .382 fib or lower . Please Like/agree if this is of help .
G morning - if the blue t line is R atm then maybe a test of 38.12 mthly S - note new demand box - Mac starting to bend. fib at 38.44 / .5 from 76.78 top could be dominant . New new demand box below . Fed speak at 2 pm - keep your head up !
Sunday night fun - at present I'm watching the .180 from 43.76 if it stays inside blue demand then I'm expecting .382 min retrace up being pulled by .5 / 38.44 / 76.x fib towards 40 ish - 41.47 being top of gap down ( 4hr tf March 8) Demand failure will suggest 35.18 mthly - 33.38 gap bottom or less . we could retrace up for 4th or continue down for 5th . ...
G evening -I'm watching blue channel resistance atm $ 45.x looming 40.57 / .618 Support . - deep demand pocket if 38.45 / .5 is broken - -37.02 temp support below . Keep your head up and stick on the ice. Dxy could come into play - Fed meeting this wk.
We'll see what will be - presently in prev demand - .5 / 32.77 above -could be pivot to retrace lower ( $20 ish) . Heads up and keep your stick on the ice.
Hope you followed the Daily from May 17 th -We've hit 41.4 mthly - could be time for support/ demand test at 39.07/Daily R - / 38.45/.5 fib ...35.19 below (35-40 range ? ) Red dashed R from 2015 peak - Support on any of the above brings 45.x into play . GL - please "agree" if this is of help -Thx keep your stick on the ice .
g evenin - temp fib - 33.63 mthly support atm - poss 5th -/ .5 32.77 next level of support break of that and eclipse area to bottom of prev demand zone (blue) Bull view would need support at .382 fib in eclipse
Still watching .5 -might find resistance at black channel top - 33.67 - if not then top of demand (blue) or .618 above
well we've made contact 32.77 /.5 - Black channel above and mthly 33.63 S/R - prev demand (blue area) extends upward - I'll consider all three as things develop - If no support is shown I'll expect a test of 20 ish - With support I'm considering top of range at 40 ish - .618 / 40.53 -mthly 41.40 - (Range -40 to +40 / -0.0 base price )- Dxy below 1.0 atm
G evening -sunday nite fun - looks like 3rd waiting to see if we set H 4th - 22.10 demand box below( 4 hr TF ) - blue trend line above of interest - You can see the support level at 22.10 - note prev demand blue box breaks $ 20 - Keeping an eye on DXY and UC for clues as usual . Keep your head up and stick on the ice . GL
G evening -sunday nite fun - looks like 3rd waiting to see if we set H 4th - 22.10 demand box below - blue trend line above of interest - You can see the support level at 22.10 - note prev demand blue box breaks $ 20 - Keeping an eye on DXY and UC for clues as usual . Keep your head up and stick on the ice . GL
Hope you sold that from 53.34 area - another Sunday nite we've made contact with .618 / 45.48 as I suggested in the last set of charts .I'm watching the mthly levels corrected 45.03 (prev 45.01) and new Feb/20 - 45.26 (higher) for support - black channels support for upward toward 47.75 area (last Thursday morn bull trap) . Runours of Fed Rate drop could give...
As always Sun nite question where's it going - I seems to have broken prev demand (blue) and has dropped below .5 fib/$26-$76 and is presently testing $50.50 mthly S/R . Prev support below (blue) - 47.22 - strongest is at $ 45.48 / .618/ $26-$76 . IG client (retail) sentiment is app 89% long - if support is show at this level I'll look for a range upward...
There's a black T-line from $26 that dissects present pivot which could be used as support As always Sun nite question where's it going - I seems to have broken prev demand (blue) and has dropped below .5 fib/$26-$76 and is presently testing $50.50 mthly S/R . Prev support below (blue) - 47.22 - strongest is at $ 45.48 / .618/ $26-$76 . IG client (retail)...