DAILY 38800, our lower edge. We have a high test on the lower end of the wedge so we can zoom in to look for better information. 4H 38600, is a strong support from previous price. 1H Break of 38900 will convince me of a bull run 15Min 38815, wait for the touch / bounce or breakthrough of this price
DAILY Stay watching 4H Bearish channel in a bullish trend. So we wait for the touch of 17900 or 18500. 1H Impulsive bull candle, then a slow down (the consolidation / accumulation), now we heading back up so we can put a Buy Stop. 15Min First wait for the break of 18150 and the retest before entering this trade. Do not take it on the break, rather wait for...
DAILY 152.10 is our strong ceiling and we are playing around here so we can be looking out for possible trades. 4H NFP gave us the push we needed after being stuck for quite some time and we were forecasting in the same direction. So this week we can look out for trades. 1H We'll first wait for the 152.00 touch and rejection / breakthrough. 15Min 151.80, should...
DAILY Still expanding the current wedge we are in. Peaking at 193.50, which could either be our ceiling this week or our target before heading up to 193.60 4H We are still in a small pullback flag, so the assumption stays that long term we are bullish but no commitment as of yet. 1H We either going to bounce on 191.30 or we are going to get rejected at 192.00,...
DAILY Just had an expanding wedge and price is building more into the wedge. 38655, shows us further price movement to possibly the upside. 4H 38600 is a form of some support, look left and you will see the test / rejection and sensitivity around this price. The expanding wedges are just giving us signs that there's bearish pressure when they happen. So we are...
DAILY Still following the channel and building it further. Currently 17949, which is giving us more confirmation to the direction we are anticipating. 4H The little reversal candles don't give us enough information to go in any direction. 1H 17865 had a double bounce here, which had long wick touches to show rejection. 15Min It's bottoming out and price is...
The forecast went in the direction of the market. Which shows that we working and getting better and the edge getting sharper. DAILY We finally broke out of the consolidation and chose a direction (short). Bouncing off 150.80, with the current candle now pushing upwards. We have slight direction as to what we are doing. 4H Bull channel and we hit the bottom of...
We did well on the trade. Now rinse and repeat. DAILY Broke down below 191.24 and closed there. We are currently forming a reversal candlestick, the next candlestick will give us direction. 4H We are trying to reverse from the drop that happened. Bouncing off 190.80, and we still pushing up. We still in the middle of a bear channel reversal, so we are waiting...
DAILY 18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction. 4H Double bottom and...
DAILY All we have is consolidation and reversal candles with no definitive pattern. Yet they are pushing upwards, tomorrow we will get the correct direction. 4H Inverse H&S and we still struggling to break the neckline of the pattern, therefore we have no guarantee that we are going up. We broke it but came right back and have been struggling to break it...
We did well and got both our trades hit our exit point. Now rinse and repeat DAILY Broke through a resistance level and started creating new highs, plus our ascend was very impulsive and engulfed the bears in the market. Indicating we are pushing up and fighting bears now. 4H 191.24, the support price I will believe will give us further signs to look for longs...
Daily The beginning of a reversal (to the upside) the completion of todays candlestick will help confirm that. It looks to be forming an evening star right at the top of the resistance which adds to our confirmation. 4H We definitely are still on the right track but we are still just slightly early. Got the test of the previous resistance (39620) correct just...
UPDATE 4H We are still consolidating and this is not the time to enter but rather the time to wait for a breakout of either direction. 1H We are in the middle of a channel but we are consolidating. If we follow the possible formation of the channel we expect a bull run to 152.20 which will be a break of the highs and a point to look for trades to...
Update 4H We have been moving up. 190.550 was and still is our current support. 15Min The reversal candles we just had showed us extra opportunities. The RR is just shy of our ideal RR, hence the SL (190.65) is tight, but the TP (191.25) is the same as the previous trade.
WEEKLY Highest high, peak, top price. 18467, we bouncing around these areas and that is indication of more bulls to come. For now it's first a matter of getting momentum to go. DAILY 18300 being the strong level of rejection with wicks all over the place is signs of reversals we would anticipate them going down and falling hard. 4H Aiming down, possibly to...
WEEKLY Previous candlestick confirmation were 2 bullish engulfing candles which gave us bullish movement. DAILY 152.100 our rejection level, even got a reversal candlestick right on it but we will wait for the next few candles. Rather an immediate breakout either up or down, we have consolidation. 4H It's just more consolidation, up and down, averages no...
WEEKLY Spinning tops at the current price (190.60), therefore we wait. DAILY 190.00 looks to be the rejecting price, we are moving up. 4H 190.60 is a strong level we bounced of and had candlestick confirmation to the upside. 1H 191.30 is where we are anticipating 15min 190.40 was our resistance and turned into our support
So wrong or just too early. Mid way we were moving following our analysis and the bulls just gained energy but that's okay. I did have quite a bad week so it would have affected my thoughts. Currently 39450, were we anticipated the major drop is where we can adjust and rework our analysis from 1W down to 15min. Weekly we have a strong bearish candle, which...