Daily candle closed with Doji (Indecision candle) after major downward move. Bullish Divergence on renko. Bullish divergence on 30m & 1h candles. Using the pivot point indicator expecting price to break the P (pivot) and push to R1 (Resistance 1).
Was expecting price to move to 15000 area. 15100 area might be the lowest due to possible inverse Head & Shoulder. Simple setup. Good risk to reward.
Daily- Hanging Man Candlestick Pattern. Expecting Bearish Movement. 4H- "M" Pattern/Double Top. 1H- Doji (Indecision Candle) at top of last leg on "M" Pattern. Expecting price to fully react to pattern once it breaks the neckline. Should see it return to 15000 area to complete pattern.
Daily- Indecision Candle (Doji). 4H- Downtrend. Pullback to 88.6% Fib. Hidden Bearish Divergence. Possible M Pattern seen more clearly on line chart. 1H- Bearish Divergence. Head and Shoulder. 30m- Bearish Divergence. 15m- Bearish Divergence. Expecting Head and Shoulders/Bearish Divergence to play out and reach 149.588.
Bullish Divergence on renko and candle. Reversed from support. 5 min candle had triangle breakout
Price pushed to 38.2 PRZ (price reversal zone) level. Initial push down reversed to similar area and created similar movement before continuing down. Still a downtrend just a matter of figuring out where price will reverse from. Waiting for bearish variation/engulfing candle on 1h or 4H. Once price reverses expecting it to move similar in the way it did before...
Daily & 4H down trend. Price at major daily Support level (Head & Shoulder Neckline). Price pulled back to 23.6% on 4H Fib. Starting to form 1H & 4H Bearish Pennant. Expecting price to break Major zone and start Daily Head & Shoulder breakout.
4H rejected 23.6%. Looking for continuation to -23.6%. 15 min Bearish Pennant forming.
Price is inside Daily Head and Shoulder Neckline zone. Complete full Bearish Day yesterday expecting today to do a pullback and continue the trend and break the neckline. Currently on 30 min price is making a sell continuation pattern. Waiting for price to break. Possibly start of major drop. Intraday S1 level is 148.600
Price has made it to neckline of Daily Head & Shoulder. Currently price is at bottom of 4H 200 Bollinger Band. Expecting a breakout from the 4H band and a continuation to break the Daily neckline. Once Daily breaks Pivot S1 at 149.181 (Neckline) looking for price to continue down to atleast S4 at 143.031. Which is also the middle BB for weekly. For Swing entry...
Been very strong in Buy Analysis for GJ since Covid correction. Currently see a huge possible Head & Shoulder on Daily. To add some confluence there's Bearish Divergence on Daily as well. This last push up also created some Hidden Bearish Divergence. 4H Chart also showing Bearish Divergence and trend channel (wedge). Daily could have a massive fall towards the...
Price showing strong resistance at Daily resistance area while inside trend channel. Expecting price to break channel and return to Daily Support/Resistance area.
Overall push to upside on Weekly. Consolidated in zone 1.17010 - 1.21915. Created a Flag Pattern showing sign of long term trend continuation. Weekly MFI also reset back to bottom (oversold area).
4H pennant forming indicating trend continuation. Upon breakout, expecting price to reach next resistance/pivot level 152.450.
Price showing strong rejection on daily at price 35500. Expecting another dip once price breaks flag/channel. Possibly to 34764 area.
Range marked up from 1H chart. Expecting break of zone near 151.950 to continue towards 151.450 & 151.400 area.
Big move coming. 200 BB on 30m and 1H are squeezed tight on candlestick chart. Bearish Divergence on 15m Renko chart. 4H Renko formed Double Top. Expecting price to breakout of Bollinger Band to reach levels 35114, 35000 and 34764. Left Side is 15m Traditional Renko with box size 45. Right Side is 4h ATR Renko.
Overall expecting price to continue up trend for previous highs. First a possible pullback to 1 of the 3 levels (151.800, 151.600, 151.400) before continuing uptrend. Left side is 1H Traditional Renko set at 0.2 box size (20 pips). Right side is 4H ATR Renko.