DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
CHESAPEAKE ENERGY CORP, GENERAL ELECTRIC COMPANY, NEOVASC INC, SPDR S&P 500, FORD MOTOR COMPANY, BANK OF AMERICA CORP
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX INDEX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Range trade higher
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Buy zone around .38 fib retracement and below 50 RSI
If 1/16 was the high then the long pattern is for a retrace to the .38 fib ~$51.65 around the end of Jan.
Facebook bump and run reversal?
Wouldn't be surprised to see price fall back to the lower trend line before the dip buyers turn it back up.
Demand levels (green)
Thoughts of how a large "pool" of buyers in demand zone could form a rounded bottom and the stages involved.
Second wedge touches lower half of steep channel.
A dip into the triangle to complete the channel bottom might be a good place to slip into a long swing.
... but I think price wants to visit the 88.85 supply before the shake out.
Possibly setting up for a launch in early Jan. and reaching next plateau peak above 61?
General pattern of drop(sharp), base, rise ...
From here, if pattern repeats, look for retest of high, some sort of shakeout drop into base area then get long for next extended move.