R-T

R-T

Weekly resistance is lurking on the corner. Potential temporary (and lucrative) reversal to the South to the next Daily S/R before the bulls are kicking back in to the North.

R-T

Price has reached Daily previous high and has shown rejection (Red dashed line). Anticipate Head and Shoulders formation. Be patient to wait for Head to form completely and get in the market either at Right Shoulder (early entry) or by the break of the neck line (late entry).

R-T Updated 

Tripple Top might appear on Daily chart to show continuation of Daily downtrend bias. I am therefore still waiting for best opportunity to sell: break of ascending channel (white dashed lines) + confirmation. Confirmation I'm hoping to see is break of support zone (white) which brings the price back into Daily descending channel (blue dashed lines)

R-T Updated 

Price is potentially making Double Top to respect Higher Time Frame (HTF) Daily channel (blue dashed lines) and Daily resistance zone before going South with an impulse. However, it can still going North for a little longer to reach the top Daily channel before going South. Look for confirmation of South train before jumping in!

R-T

Price is reaching Daily Resistance zone (Red dashed line). Be ready when market is out of buyers and sellers are rushing in. Wait for confirmation of South impulse in a form of lower time frame channel break before entering the market.

R-T Updated 

Price has been in the retracement period. Wait for price to show its real intention around Daily resistance zone (blue zone). Potential double top can form in this area as well. Price can potentially drop out of the Hourly channel (white dash lines) which confirms that the Bears have taken control.

R-T Updated 

Overall trend is down. Currently on retracement to North. 1H double top has developed. Potential bigger double top can form in 1H chart as indicated by yellow arrow. Wait for big impulse down, and then go to 15min chart to confirm the impulse and for best entry selling. Blue zone = Daily Support/Resistance zone White zone = 1H Support/Resistance zone

R-T Updated 

Overall trend is down. Currently on retracement to North. There might be very few potential to buy. Preferably, wait patiently to see big impulse South as indicated by yellow arrow. Blue zone = Daily Support/Resistance zone White zone = 1H Support/Resistance zone

R-T

Price has formed Double Top on Higher Time Frame (HTF) Daily and broke ascending channel followed by short period of correction before going further South. There is a possibility of Head & Shoulder (H&S) pattern to the South. Look to Short the market at next Resistance level.

R-T Updated 

Price is currently on bottom Monthly channel (pink dashed lines). On a lower time frame, descending channel has been formed inside bigger consolidation channel. Look to buy on breakout of descending channel.

R-T Updated 

Price has shown its intention in going further South by forming Head and Shoulder on the Daily chart. Look for best entry in lower time frame such as 1H to go short. Preferably once price confirm its intention with next impulse phase to the South breaking most recent hourly correction channel (white dashed lines).

R-T Updated 

Monthly (pink dashed line) and Daily (blue dashed line) have shown bullish power. Now price at the bottom of Daily bullish channel. Expect bullish power soon. Look for bullish reversal pattern for entry.

R-T Updated 

Higher Time Frame channels are all going South. Look for potential Head and Shoulders formation in 1H time frame to catch impulse to South.

R-T Updated 

Head and Shoulder is appearing at Monthly top channel which give the confluence to sell. Go to lower time frame for best entry.

R-T

Daily chart has formed its right shoulder (blue Head and Shoulder) with the recent high rejected by top Monthly uptrend channel (pink dashed line). On 1H chart, it has also formed its right shoulder (green Head and Shoulder). Confluence to South. Sell when opportunity shows!

R-T Updated 

Price has formed double top on Weekly top channel and gradually moving downwards. However there is still no impulse showing bearish force to South yet. Wait for the impulse to happen. Enter at correction after the impulse for safe entry.

R-T Updated 

Price is still inside the inner channel within boundaries of the outer channel. A bit too risky to enter short on the breakout of inner channel. Wait for impulse breaking out of outer channel before going short.

R-T Updated 

Price seemed trapped between Daily resistance and Monthly support for a long time now. It tried to break to South only to be rejected fiercely by buyers demand. However there are not enough sellers afterwards that bring the price back down. Breakout to North seems more probable than going further to South in the outer channel (white line). Get ready for it.