salvanost

salvanost

maybe, just maybe it can form reversal pattern latern and possible to retest 195x-196x but for a while let's wait 1981-1982 resistance first

salvanost Updated 

previously I said I want to see 195x or 196x retrace down but for now must see price under 1973 or not because 1987 weird zone for reversal I still see 1988-1989 as good reversal zone as long above 1973 be wary of 1988-1989 potential

salvanost Updated 

EW scenario, but im not taking the wave just the fibo wave 4 = 0.382 retracement after wave 5 can drop to 0.5 retracement but I'm playing safe, waiting retracement to 1990 from 204x

salvanost Updated 

1961 support fibo vs 1957 support fibo we can see how breaking 1957 really important for bear and why 1961 support still good support for bullish trend it still rejected on 1.382 but if touch 1.5 fibo usually it mean bullish trend continue and could go higher to 2.27 or 1987 area

salvanost Updated 

based on previous triple top monthly if bullish possible to break out and target 2200-2500 but it need to break some resistance I will show it later

salvanost Updated 

based on the previous chart volume spike should become a bullish signal but instead of spiking to 1940, it spikes down to 1903 I believed that spike to 1940 should have become a solid signal last week but it did not happen and yet the indicator still showed a bullish signal 1940 should be retested to show signal to 1955

salvanost Updated 

1. 1910 still a nice retest target 2. 4h stochastic already bottomed and retrace 50% (from 1935, drop to 1910 retest 0.618 fibo) 3. 4h bullish might target 1976 but 1940 or 1950 or 1960 more reasonable for now 4. if bullish it will spike to 1940, no sign on4h and daily volume yet previous idea gold need retest 1937 / 1940 / 1978 to target 2200++ with extra detail...

salvanost Updated 

retest 1914 but if possible I want to see retest to 1907, but it need time this will form IHS reversal pattern and create a reason to 1980-2000 zone before drop again to 1850 area bearish: IHS invalidate and just drop to 1850

salvanost Updated 

retest 1944 waiting triangle breakout the only indicator working right now the momentum

salvanost Updated 

will retest 194x for sure the problem old plan sees 189x as the bottom before retrace up but surprisingly retrace up to 193x from 1910

salvanost Updated 

1. usually when important support broken I would say it bearish signal, especially 1935 2. 1935 must be strong to protect 4h bullish signal 3. but daily and weekly need above 1965 to start bullish signal which we don't see 4.so it depend on 1943 resistance now, daily candle close above 1943 or failed and continue to drop? comment: it's not friendly to bull plan...

salvanost Updated 

1948-1949 temporary supoort but I believe it will drop lower later choose your pokemon! bulbasaur might be good support (green one) long term bearish, must not go under 1932, because weekly and daily got 1870 as next target bull should see 1925 as lower low and bottom bearish signal gone with 1965 daily candle close

salvanost Updated 

problem: weekly and daily bearish signals weaker above the 1965 area I think it might bull trap trader on 2004$

salvanost Updated 

the bearish trend only retrace up max to 1958 above 1958 got too many zones that need to retest it will bearish until 13 June IMO any chance drop to 186x-187x? yes

salvanost Updated 

must wait candle close, but low TF looks super bearish IMO job data very strong = no recession signal the FED will rate hike to force recession

salvanost Updated 

4H reversal with support on 1948 probably retest 1976 first then small rectrace down to 1960 and go to 1982 problem: the wedge pattern not perfect it could sign a bearish pattern again later on bull flag the key here on 1982 area rejection

salvanost Updated 

1948 and 1956 resistance retest 4h candle might close as reversal candle

salvanost

still waiting for the 1989 retest but it depends on the 1975 rejection or break out right now I can only see the 1963 and 1968 retests I don't know how deep the rejection in 1968 or maybe break out? so I will focus on PA 1968 later