Our first TP for this short-term bear will be our nearest daily support, IMO it will be a very sensitive support
Sell-off incoming. Price broke out descending wedge and also tested it before going up again with strong resistance coming up ahead, the blue horizontal line below is our Demand Zone which is also 61.8% "Wave 1" retrace confirming possible H&S. I will gladly buy that zone but for now I am looking to short neckline (Supply Zone)
UJ is forming a nice bullish flag pole and is respecting the 50% level, I am expecting a drop to that support before up
We are heading towards 1810 area, I am looking for a strong bounce off of that support area. With jobless claims and positive fiscal stimulus news, I believe we will see 1900's again.
Price bounced of strong support and is currently heading to nearest resistance (TP1) which will be followed by (TP2) ETC...
Waiting for breakout confirmation below slant blue line before entering
New low incoming? share your thoughts and ideas :)
we are soon heading into a big buy zone, so be on the look out for reversal - look at monthly
Short to 106.600 area and wait for confirmation for buy, let me know what you guys think