It is likely we will see a bit higher again coming sessions. we are basing (double bottom) and this suggest we could see $ 3,250 again or bit higher. Strategy BUY @ $ 2,970 - 3,025 and take profit @ $ 3,275 and SL below $ 2,900.
The share has moved as expected, and looking at the chart, we should reach around $ 170-180. the pattern is "M-top" and neck line somewhere @ $ 240 area. For now we are slightly oversold, and we could pullback to $ 250-250 before the decline will set in to 170. Strategy SELL @ $ 245-250 and take profit @ $ 175. SL above $ 280.
The pair has made a wonderful climb and the daily chart suggestion worked out well as we reached that objective. Now the 4-hourly chart is starting to feel heavy on upside. The stochastic is negative last few sessions already. Strategy SELL @ 19.0200-19.0750 and place SL above 19.1550 for now. Profit order @ 18.8350.
TSLA is in the weakness mode, and even though we may see some pullbacks short-term, the SHOULDER-HEAD-SHOULDER pattern with neckline $ 213 is broken. Any corrective action between here and $ 200.00 should be sold for a move to $ 130.00 area. Strategy SELL @ $ 170-190 and place SK above $ 225 and take profit @ $ 140.00.
This one has potential of declining towards $ 2,400 area. The stochastic is not as yet negative, but some others are, and that is why I feel that we may only have started the decline, and not as yet completed it. Of course, there will be bargain hunting short term, but overall, the bulls will get hurt. Strategy SELL between $ 3,150 - 3,500 and take profit near...
No change in view. I feel we will see return to $ 125 area. The crypto is overbought, and requires good correction. The GANN support is about $ 125 and we have FIB objectives along the way. Strategy SELL @ $ 175-195 and place SL above $ 215 and profit order @ $ 138 for now.
As I have mentioned some weeks back, this one likely will see sharper declines. We still are in need to correct the up move, and I feel we may see touch below $ 50,000 again. Strategy SELL @ $ 65,000 - 73,000 and take profit order @ $ 48,750 for now. SL is a financial decision.
The pair has spiked a bit on the back of weakening GOLD price, which is heavily overbought for some time. Stochastic is slightly negative, and on the high side, but did does not suggest we cannot see it return higher. I rather focus on the pattern, and as depicted, likely a "false bull flag" pattern is the case. Strategy SELL @ 18.8700-18.9300 range and place...
The pair has a clear "false bear flag" which usually suggests we will correct upwards. I suspect seeing the oversold state, and also the false flag pattern, a move back towards 1.0825 is possible. Strategy BUY @ 1.0660-1.0700 and place SL below 1.0580 and profit order @ 1.0795
The pair is under pressure and likely we may see a test of 18.5150. Strategy SELL @ 18.7450 - 18.7750 and place SL above 18.8575 and profit order @ 18.5650.
The pair is under pressure due to higher GOLD prices, and its logically then to expect lower levels. The 4-hourly chart is showing possibility to see 18.5600 test. Stochastic is positive DAILY chart and GOLD will correct, therefore seeing an opportunity for more fun on the upside later on. Strategy BUY @ 18.6150 - 18.6300 and place SL below 18.5150. Profit...
The pair did not move lower as yet, and my BUY suggestion never reached. Of course, GOLD is weakening, but remember, we move with the pair ahead of time. This should be of concern, and therefore, we may see a pullback again The stochastic is high, and shows overbought signs. Strategy SELL @ 18.8500-18.8800 and place SL above 18.9450. Profit order @ 18.6150.
Besides the overbought status on daily and weekly, we also are negative stochastic currently. We have GANN support $ 2,250 area and it feels we may correct back to $ 2,075 for the coming weeks to come, is my personal view. Strategy SELL current $ 2,330-2,375 and same as before keep SL above $ 2,425 to give yourself room. Profit order initially @ $ 2,178.
the pair has reached the profit target and now it feels we may a move back towards 0.8985 again. However, do not rush it, and carefully place the BUY. Strategy BUY @ 0.8902-0.8905 and take profit @ 0.8980 for now. SL below 0.8875. Over all we may see much lower levels in time so play it careful.
The pair moved as expected, and we reached profit objective and slightly more. For now, I feel we must continue from BUY side due to the expected GOLD and other precious metals corrections. There should be some pullback towards 18.6150 I feel. Strategy BUY @ 18.6150-18.6500 and take profit @ 18.8750. SL I feel maybe below 18.5150.
The pair is due to a move back towards 0.8900, and of course not an extreme move, but adjusting leverage we can create value. GOLD is poised to correct, and in such case, this pair will move lower. Strategy SELL current @ 0.8985-9010 and place SL above 0.9037 and take profit @ 0.8907. Use perhaps leverage 1.5x-2.0x as a guide.
It is heavily overbought on longer time frames, and the 4-hourly is stochastic is negative and expect a test of $ 2,328 en route $ 2,250 area. Strategy SELL @ 2,345-2,375 and place SL above $ 2,425 and take profit @ $ 2,275 for now.
The pair has moved lower, which was logical, but would not have ventured beyond 18.5600 for the reasons stated. now we are much lower, and my view is same as yesterday, we seek BUY entries now in expectation of GOLD correction. Strategy BUY @ 18.4150-18.4550 and take profit @ 18.6475 now. SL place below 18.3150 as I do not wish to be tricked into it. However, it...