MiniMikeP

MiniMikeP

It has been too long since I last posted. All the best to everyone! BR

MiniMikeP

Hi Guys, our 1st target was hit sooner than expected! Again, and as always, no one know what will happen for sure, just simple expectations based on market dynamics. Options I am monitoring now: 1) the price can break upwards, go straight for our 2nd and even break it like it is nothing. (volatility and fear in the markets is crazy right now) I hate this option...

MiniMikeP Updated 

Hi Guys, after some high volatility (not over yet) our second target ( please read previous post) is confirming to be a high resistance price as expected, although it was not initially confirmed when price broke it like it was nothing. It went from resistance to support then resistance and now support again (this is called a mirror level, powerful indicator of...

MiniMikeP

Hi Guys, What happened was exactly why my prefered option from last post was for a consolidation on a rising triangle to bring technical slowly down. Technicals got overextended and the reaction, fueled by the market panic, led to crazy selling of anything into cash, some say margin call triggered it, others blame the algos, others even fund managers looking...

MiniMikeP

Hi Guys, our 2nd target just got hit and it is doing a good job at keeping the price from going further up. It is a confluence of several resistances as you cans see on the graph. In my opinion at this point anything can happen. It can break up because of some fundamental, collapse because of overbought conditions Or, my preferred one and best long term...

MiniMikeP

Bull flag created and broken to the upside...this is looking to good to be true. I now expect this to, at least, hit our second target 1631-1634. where do you guys see this going? all the best of luck and trade safe

MiniMikeP

Hi guys, first target hit to perfection. what do you think will happen now? will it go to our 2nd target or retrace further down? For me we have 2 possibilities here: 1) we have a small retracement and bull flag is created to take short term indicators out of overbought (4h RSI is way overbought) and continuation to the upside to hit or even blast 2nd target of...

MiniMikeP

Triangle just broke to the upside, a close today above 1584 will very likely signal further upside. My personal targets are 1611 and 1631. What do you guys think and why? Thanks, Gl and trade safe (I do not give trading advises, everyone should trade at their own risk)

MiniMikeP

Please tell me if you think if it will break up or down and why. No posible wrong answer, we have 50/50 chance here. Although long term I remain really bullish. Thanks and GL

MiniMikeP

Daily chart. what do you think?

MiniMikeP

What do you guys think?