Sapphira

Sapphira

Price has dropped to the .382 retracement level. Possible small bounce if price doesn't continue to lower trend line.

Sapphira

Price has formed a nice structure as it descends towards the .236 retracement level.

Sapphira

Price continues to respect the channel so am short below resistance.

Sapphira

Price continued up past the .618 retracement level. With weakness expected in the dollar and potential risk off sentiment approaching I am watching for a rejection at the trend line.

Sapphira

Price has touched long term support level .6440. Am anticipating a drop in the dollar and a small bounce from this level with perhaps a retest of this level before moving higher.

Sapphira

With the USD initiating a descent and continued pressure on the price of oil I am anticipating a continuation of price down to test the lower trend line.

Sapphira

Price has broken through channel. With yields rising am watching for continuation lower with a potential test of support along the lower trend line around the .382 retracement level.

Sapphira

Price has briefly spiked beyond the channel. Am watching for a potential drop from here.

Sapphira

Price is at resistance between the .5 and .618 retracement level and may continue down from here.

Sapphira

Price has reached the upper sloping trend line. If price is rejected from this level I will look for a drop to the .618 level to test the lower sloping trend line.

Sapphira

Price is approaching the previous weekly high. There is bearish divergence and price is close to the daily pivot so am watching for a potential rejection at this level.

Sapphira

Will remain short below 26,560.

Sapphira

Price was rejected at the upper trend line. Am watching for potential continuation down to test the .618 retracement level.

Sapphira

Given movement on the DXY, I am watching for a potential drop to form an inverse head and shoulders and long from there. If price breaks up from here then I will watch for a retest of the trend line and go long.

Sapphira

Very close to 27,000 so price may spike up from here before heading down, if not down from here.

Sapphira

Very close to 27,000 so may spike up and then down, if not down from here.

Sapphira

Priced has reached 24K. Looking for a drop back to 22500.

Sapphira

Price has found support. Am watching for a potential shallow retracement to the .236 level before continuing short to either form a double bottom before making a deeper retracement or continuing the trend short.