Price broke above 110.0 and touched 111.11 area. After the push price tapped the gz where bulls came in and then it retraced a higher support signaling bulls are in control. Next targets are 111.2, 111.5 and then 112. Only bearish if we break under 110 and retest it as resistance but if we reach that 110 and respect it as support then look for a large upswing
Price broke resistance and met targets so look for retest of structure before continuing the upward push to 26100 and ultimately 26313.
Price bounced from 1.28 area and retesting 1.29 area and trend line. Clear 5 waves down so could see 3 back up to .50-gz area at 1.30-1.305. if 1.29 is respected then double bottom at 128ish before breaking to downside targeting 127.5, 127, 126.5 and ultimatly 1.26. IF 128.5 support is respected, upside is expected before the bigger push down for LL. Currently...
Price rejected 1.33 and looked to be a pull back on daily. We are headed to test 1.32 again where we will have bulls enter for a pull back but the downside target is a new LL and psych level at 1.30. Targets before that are 1.316, 1.312 and 1.3075. Im not bullish until pa takes out trendline and 1.33-1.335 area which would then target 1.34.
Price rejected 141.15 with a double bottom. Bulls pushed strong from this area and price is in the gz of that downside push. Bears are targeting 140.75, 140 and even further to 139.5. If double bottom is respected and bulls can take out the trendline and the 143-143.50 area then target would be the psych level of 144 and beyond.
i have notes on the chart. overall bullish. bearish for short term