Hitting resistance at the trend line. It is forming a evening star. There is a high probability for price to dive down.
Strong pull back into resistance close to the 618 fib level. We are over bought and should begin to see a series of dojis as the price begins to slow down momentum at this level. Look for candlestick pattern to go short.
Potential short opportunity here. Trend is down. Hitting resistance. Look for a confirmed candlestick formation.
We have a pull back into the 618 fib level. Looking for a bearish candlestick to confirm the downtrend.
Look for a break below the yellow trend line. We are hitting the 618 retracement. Overall trend is down. Look for a huge bear move down.
We are bouncing off a great support level at 2066. Look for bulls to reign in here.
Huge move up after FOMC meeting. We have a large exhaustion candle, a evening star pattern. Look for this to drop further down.
We are waiting for price to reach near the 1.46330 level. This level is a key 618 fib resistance. Look for a doji near the 618 fib level. We will keep on eye in this. Trend is down. We are over bought on stochastic. Look for a moving average cross over to confirm.
1. Retrace @ 50% 2. Over bought at 80 stoch 3. Crossover of moving average 4. Trend is down
1. Down trend 2. We are pulling back into 618 retracement 3. We have a series of dojis 4. Stochastic is over bought 5. Over head R1 pivot level
We are hitting major trend line resistance. We have a cross over of moving average and overbought at stochastic.
Good short opportunity here. 1. Over bought stochastic 2. Moving average crossover 3. 76.4 fib level 4. Going with the down trend
Look for a nice short here. This is a classic pull back into resistance. Look for a moving average cross over and a doji candlestick.
Keep an eagle eye around 4.12 level. Confirm with low close doji and heikin ashi.
Look for a low close doji and cross over. Confirm with Heikin Ashi.
We have resistance at the Pivot and R1 level. Look candlestick consolidation and a low close doji.
1. Moving average cross over 2. Low close doji 3. Close below R2 pivot point 4. Bounce off the 0.764 fib level