ZhenweiZee

ZhenweiZee

Possible formation of Head n Shoulders for Telsa Motors ?

ZhenweiZee

Possible retracement to the level of 57.5 - 55 Shooting Star Candle present, likely to see a reversal

ZhenweiZee

A continuation chart from the last, 5 min chart, reverse head and shoulder, expect it to hit @ around 1.09-ish. 1 hour chart, expectation of a double top formation, before heading down south. Should price move above, the area of 1.09000, Go Long

ZhenweiZee

Has prices bottom-out ?

ZhenweiZee

Multiple Signal, awaiting for the break down @ 1.08000

ZhenweiZee

Breakout from potential resistance, divergence signal present. Lookout for reversal signals

ZhenweiZee

The drop from the peak was a much expected reversal. Riding on a long term trend, its bullish on my view.

ZhenweiZee

General view of a downward trend.

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Potential Resistance point or areas, shaded in Red.

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Let the chart place its explanation.

ZhenweiZee

seem challenging to conclude the upcoming movements. A setting for long, but worries me that it wouldn't be able to breakthrough the shaded red, further more a size-able thin cloud. 4th wave ??

ZhenweiZee

Expect a fair bit of retracement from this pair..

ZhenweiZee

Has been away for awhile now. From my take, its possible to see foreseeable retracement for a larger move "upwards". Have not been reading the news, my judgement is base on the charting alone :)

ZhenweiZee

Candle action, current candle are testing the support turn resistance line, if you are on the sell side, place your stops accordingly, the positive signal for sell if candle closes below the trend line and fibo. My bet is on the Bull, but do watch out for the strong resistance highlighted in Green.