15minute
semiconductors likely have some continued downsidesoxl is pretty much plummeting if we get a significant gap down and cant set a higher low 4hr the 15 minute trend will continue downwards until the 4hr is bullishly diverged stoch, rsi a lot of people are covering, and that may lead to some squeeze, but the over all trend is down if we close gap from either direction, and it looks like it is setting a lower high 4hr i would continue to sell semis. if we close gap from either direction and it looks like the test was sucessfuly holding some higher low around the thursday close its more bullish intermediate term but id imagine this is finding a daily lower high even if it recovers some or corrects sharply only to fall again.
22.04, 21.74, 21, 20.76, 20.22 key levels right now SOXL.
island top or taking offif we hold the 18.50s and break upper 19s retracement will be good enough and well be over rising vwma and trama if we reject 19.75 and close below a significant low on the 5 minute then stiff overhead resistance means were in for low 18s. if we see that close into the upper 19s were headed over 21
btc breaking bull (gbtc)good time to get in on btcusd as macd/rsi and fib retracement all suggest it is oversold and rising on 15 minute timeframe
tightening range breaking bull so far (tqqq)nasdaq and tech bulls are breaking out of this mornings tightening 15 minute range
with a clear break to the upside and hourly close above rising support and sinking resistance could result in prices above 170
macd/rsi heqding toward overbought signals are above indicator
S&P on the 15 minute. It's in a period of narrowing consolidation after retreating from the highs. At the moment it's testing the upper portion of the wedge. The bulls made some peaks on the way down that they will now have to work against on the way back up, but breaking out of the first one is the biggest step to achieving momentum.
I don't trade based on my predictions. I let the market tell me which way it's going then I try to hop on as the train is leaving.
XAUUSD 15 Minute IdeaXAUUSD has made its way to the upper side after 1455.
Judging by the resistance trend line, it has been broken and could test 1478.517 (Fib 23.6% 15 minute) before making another move up towards 1492.99 (Fib 38.2% 15 minute).
Once price breaks the 1492.99 zone, we could be looking to go LONG to 1504.742 (Fib 50% 15 minute) and see a pullback before moving up to 1516.464 (Fib 61.8% 15 minute). 1516.464 is also a zone of resistance so price may retest quite frequently at that area before making another move up.
However, if price get rejected heavily at 1492.99 zone, we could be look to go SHORT back to 1455 or 1450.
In conclusion, wait till price breaks above or gets rejected at the 1492.99 zone. Good luck on your trades!