TF: Daily Massive decline this past week, I am looking for a retest of the major broken support (potential area shown in yellow ellipse) and further downside over the coming weeks. Please note we are at a critical level, and if this holds than this idea would be invalidated. If idea is validated I think we will initially get a bounce around $1440 to $1470 being...
TF: D Price fell out and rejected longterm trend line. I think over the some time price will work its way down to the $20 to $50 dollar area. See my previous idea:
TF: D Look for price to correct up and test the support that broke. This is a nice level being the .05 to .0618 area, if this area turns into resistance then look for price to move down to the 1.618 area ($1400 to 1600)
TF: 8 hr Looking for gold to retrace a bit and enter some shorts on based on double top and RSI divergence.
TF: 30 min Possible head and shoulders on the 30 min. Somewhat risky being that the neckline is at the gap down. Look for possible short term upside to around 69.60.
TF: 4 hr If price breaks trend line on 4 hr look for shorts on gold Previous Idea:
Possible short term correction bounce around $45.25 and then downside to the support at the $40 to $37 area and nice bounce from there overing the next few weeks to months.
TF: D Looking for retracement and buys around 140 to 150 levels. It'll take some bouncing around and time, but I do think we could see a deep retracement before continuing higher due to global uncertainty and negative impacts surrounding the Coronavirus.
TF: D The current downside market conditions due to the Coronavirus virus may be the catalyst to send TSLA down after a parabolic bull run. Never buy in on parabolic runs especially at the top. Potentially big downside movement to the 0.50 - 0.618 fibonacci levels (between $346 and $422) over the next few months.
TF: 4 hr Looking for some buys on GBPJPY up to the blue zone. Some bullish divergence can be seen on the RSI, looking for some wicking/retest at the blue zone before longing.
TF: 8 hr Some large wicking can be seen in this area, looking for some corrective buys to the larger down trend. The general area for taking profit is where price has fallen out of a large support area on the weekly.
TF: 4 hr Looking for sells and potential wicking candles around the blue zone. Double top with rejection, bearish divergence on the RSI, and stochastic indicating overbought conditions make this a great short opportunity. Red dashed lines are Fibonacci clusters pulled from the previous impulse at 1.6120 area, look for some reaction around these lines.
TF: 4 hr Price was rejected near the golden zone, i'm looking for shorts momentarily. note price is trading above the 89 EMA (purple line) and the 50 EMA (red/green line). so be cautious entering short as market conditions are not ideal.
TF: 8 Hr Price has been trading in out of the trend line on the chart, I am thinking further downside for a bit. Potential target might be 140.90 area as of now.
TF: D Looking for a retest at the 69.90 to 70.00 broken area.
TF: D GBPUSD is testing an important Supply and demand zone and is currently trading near the consolidation area from October's massive push to the upside. Looking for price to fall out the the 1.2930 to 1.2300 zone before dropping to the downside to test the bottom of the consolidation area.
TF: D Price broke strong trend/support line, I am looking for a pullback, retest, and confirmation before entering short
TF: 8 Hr Very clean and interesting completed H and S pattern following a previous uptrend. Currently the markets for NZD/AUD (risk currencies) are pulling back from recent declines due to global fears (trade wars, coronavirus, US tension in middle east etc.). I am looking to see if current price can close down below blue supply/demand zone (H and S neckline)....