- solid break of symmetrical triangle to downside- measured move of $26 -down to 130.2x area (.50 retracement level) on daily time frame -looking for a move to take until august if not sooner
higher time frame shows defined downtrend pulling back after strong impulse move mid time frame shows uptrend weakening and mature looking for a breakdown with negative momentum and negative volume pressure lower time frame is working bottom of base- worth monitoring for possible false breakdown and continuing consolidation breakdown of support level of 71.3x...
higher time frame showing change in market structure after pulling back and in defined uptrend mid time frame shows rising moving average and positive market structure change forming a base before possible breakout lower time frame is in alignment with higher time frames with positive momentum and volume first target is resistance of 83.0x area and next level to...
higher time frame in uptrend finding solid support and retraced to .50 level- looking for a bounce upward mid time frame is forming an ascending triangle with positive momentum and volume looking for breakout of resistance area of 112.4x to first target of 113.5x area lower time frame is showing once resistance is broken- there is the least resistance for strong momentum
higher time frame is in defined uptrend with healthy pullback mid time frame is showing a rising ma after minor accumulation and weakening downtrend breaking out of downtrend line with positive momentum and volume pressure lower time frame is showing positive strength after price was overextended and pullback to intermediate moving average and working it way back...
-mid time frame is in downtrend with price action consolidating and wykcoff spring failure test above the 147.7x area with rsi positive divergence -lower time frame is showing a range bound tight action with positive volume pressure ready to test 149.x -higher time is in uptrend- pulling back and in area of support
higher time frame in defined uptrend and found support area after pullback-high probability mid time frame showing formation of ascending triangle- an inverse head and shoulders showing symmetry lower time frame in range bound consolidation- monitoring price action for break of first resistance area of 180.5x to target to 181.2x area
higher time frame in defined uptrend with positive trend strength mid time frame showing continuation pattern in form of falling wedge=potential to breakout or breakdown continuing en route to apex lower time frame showing bullish price action making higher highs and lows as it test resistance area of 135.3x area first target 136.6x area and if broken next...
higher time frame in uptrend parallel channel with strong momentum bars of support line mid time frame is breaking out of downward trend line and out of consolidation range-structurally sound upper bound of value and resistance area is 62.5x positive momentum rsi and rising positive volume pressure lower time frame shows price breaking out of triangle with good volume
higher time frame is in channel range uptrend looking to breakout strong mid time frame is showing positive price action- showing higher highs and higher lows along trend line rising rsi and positive volume pressure-trading above value area showing strong momentum lower time frame is showing price action showing uptrend with weak correctives moves meaning bulls in...
higher time frame is showing defined uptrend with an over-extension on breakout pulling back mid time frame is showing markup to distribution to consolidation for the next leg down descending triangle is forming against downtrend line and multiple test of support is showing weakness possible breakdown to breakout level of 55.7x on higher time frame- first level...
-higher time frame showing healthy pullback in defined uptrend finding support at 53.3x area -mid time frame shows range bound action after a quick downtrend/ signs of accumulation are seen in range bound equilibrium -momentum is strengthening upward along with volume pressure -spring candle/pinbar found on mid time frame finding quick support at 53.3x area shows...
higher time frame is showing defined uptrend with indecision mid time frame is showing range bound action/distribution it also shows a break of first uptrend line and a false breakout towards the resistance area of first trend line and price broke down through the second trend line which shows a weakening of the trend bounces off the third trend line which is...
higher time frame is showing range bound price action- negative divergence in rsi closer look at mid time frame shows the transition from a range expansion to range contraction and selling volume pressure being applied along with negative momentum lower time frame shows price action in that same range contraction apply pressure to the support area with multiple...
higher time frame is showing negative divergence in rsi intermediate time frame is showing distribution and no conviction in buying pressure and forming a descending triangle further supporting higher time frame alignment lower time frame is showing a downtrend breaking below support and retesting on pullback will look to enter on 130.2x area for a move down to...
higher timeframe is in defined uptrend and finding support on trendline intermediate time frame is in accumulation phase after short markdown showing price action making higher highs and higher lows on trendline moving towards the .236 retracement level of 7.30 rsi is confirming the move and has room to run and break resistance lowertime frame is showing...
higher time frame is in defined uptrend finding support on trendline intermediate time frame is showing a range-bound consolidation with price action pressing up against resistance of the .50 retracement level of 43.50 lower time frame is showing a breakout and minor pullback of triangle continuation pattern rsi on intermediate time frame is showing positive...