orimichaeli

orimichaeli

Weekly resistance trend line+ supply zone. Sell with tight SL as DXY is SUPER bullish.

orimichaeli

USOIL- falling wedge. Divergence RSI. Target- Volume area.

orimichaeli

Looks like the harmonic pattern is completed. The volume is also decreasing and forming clear divergence.

orimichaeli

AMD is Bearish forming- H&S LH&LL XABCD bearish pattern.

orimichaeli

NZD-USD ABCD pattern in progress Get ready to dump.

orimichaeli

Strong support trend line. XABCD pattern. Over sold.

orimichaeli

GBPUSD broke the trend line test the resistance and rejected forming H&S.

orimichaeli

Uber has reached to high volume area+ MA 200 acting as a resistance as well and resistance trend line. Over bought MFI+RSI. Huge gap bellow to be filled. Good R:R

orimichaeli

EURNZD- the pair reached to to upper border of the descending channel. ABCD- pattern. Volume- poc

orimichaeli

AUDUSD has reached to strong resistance point & forming ABCD pattern.

orimichaeli

Sellers back in control with downtrend (LH-LL) after rejection on the volume area and forming double top + H&S pattern.

orimichaeli

PayPal is still under bearish pressure. By the volume zone (point of control), we can identify who controls the market - bulls or bears and analyze the point of support and resistance. In March 2020, the high volume zone acts as strong support and the bulls made a bull run with gains of 257%. Since then, the sellers have jumped into the game and broke the volume...

orimichaeli

GBPUSD- Expecting small false breakout and then huge selloff. Good Luck!

orimichaeli

APPL with nice run and low volume and now has reached to 149 which is major POC and very strong resistance. Daily candle are going end as red Doji which indicates that sellers coming in. MFI forming divergence- Smart money comes out from the stock. TP- 120.

orimichaeli

BA forming bear flag and 149 which was very strong support is now resistance.

orimichaeli

As I see it, it's just another LH in this bear market. We may see false breakout and attempt to break 12,400 that was previously strong support and now strong resistance, but the sellers will push it back down.

orimichaeli

Since 2000, only twice SPY has created a clear downtrend with LH&LL, loss of 50% and 5 years of recovery. (the corona selloff was an impulse in uptrend market with very quick recovery and did not create LH&LL). 1. Year 2000 - The .com bubble crashed, Spy started a downward trend of two years with a loss of 50%. 2. Year 2007- Pre SUB PRIME and a few months after...

orimichaeli

In this 3 months chart things are looking little bit better for bulls. First we have seen rejection at FIB 0.236 before bears push down. The MA 18 is very important to watch as its acting as support for bulls and FIB 0.382 as well if it doesn't hold, its going to be a disaster for bulls. Does it just a healthy correction or beginning of a crash dotcom bubble...