No position, this is for educational use only.
Bottom fishing aficionados: catching the 1H long while watching the daily.
Monitoring the multi-pivot trendline (orange in the chart) and then assuming that prices will be back to test that level - even if nobody knows when this will happen. Suerte! Monthly here:
That test could be irrelevant but could also be a pull back right before a straight move north. Pattern on watch. Daily here
Median Line that had a multiple tests of the upper parallel and now could be confirmed with prices moving south. Pattern on watch
I would NOT discard the green Fork, the pattern is in the MAJOR trend and working nicely. Discard in case of a close under the lower parallel. Just for sharing
Daily chart with 2 MLs. The one in blue captured the major trend, the smaller -in red- could be interesting to check the next relevant levels in case of further weakness. Update of: twitter.com
Where "belin" www.urbandictionary.com are You going dear DJIA?
We are already in and short. Now watching the green Median Line lower parallel support level: waiting for more downside in case of a break and close under the support. SMA100 good resistance zone. 4h here
The 1 e 2 black arrows pointed out two pretty interesting tests of the (could be forming) red Median Line. Short and stop with a close above the dotted - upper parallel - trendline and take profit in the Median Line (center-line) zone. Daily here:
Unconventional Median Line on the weekly. Pattern on watch. What is CRISPR? wwwuser.cnb.csic.es Informational only, not a recommendation to buy or sell any security.
Lower parallel test. If that support holds we could have a move higher. Daily here:
Quite unconventional Median Line on watch. Lower parallel support test zone (red trendline) right now. Further weakness looks possible below that support.
"There is a high probability that: 1. prices will reach the latest ML 2. prices will either reverse on meeting the ML..." *Dr Alan H. Andrews*
Green bullish Median Line in play. Lower parallel support need to hold. Pattern on watch. Confirmation needed.
The black lower parallel level on watch for support. Very few hope left -probably- under that trendline.