GZTCompositeMan

GZTCompositeMan

Reversal Structure at $8500 suggesting a decline to $3000 and possibly lower. Market structure of the run up suggests strong support at $4000 but the nature of the Harmonic Bearish Crab PRZ at $8500 suggest lower than even $3000 is likely. HOWEVER I will watch the lower time frames for bearish price structures and retracements up into the resistance level at...

GZTCompositeMan Updated 

Failed Market Structure. Resistance continuation pattern formed retest and run down likely depending on if the market does a lower low at $3235. Once locked we can sell more of level retests.

GZTCompositeMan

We have a bearish price action cluster on multiple timeframes with a resistance level at 1233.35 that could see prices bounce off to 1222.36. I watch for the failure of certain price structures and look for entries into higher time frame reversal and continuation patterns. Short term bearish, medium term bullish. We could expect a bounce off 1222.30 to 1234.44.

GZTCompositeMan Updated 

Price has formed a PRZ below the 1181.64. Target 1 1214.12. I will update and add Target 2 depending in the P.A at Target 1.

GZTCompositeMan

The reversal patterns on multiple timeframes point toward a drop to 144.670.

GZTCompositeMan

Reversal patterns on the lower time frames up to the daily (with the exception of the 1H) pointing toward a rally to 0.75727.

GZTCompositeMan

The lower timeframes have price action pointing downwards to 0.072200. The core resistance levels on these lower tfs overlap with the current volume-price divergence on the Weekly. On the flip side 0.072200 could turn into a PRZ due to the possibility of the formation of a Bullish Crab pattern at that level sandwiching the PRZ between 0.072200 and 0.071167 (which...

GZTCompositeMan

Price Reversal from 0.74988 to 0.73677 after a failed head and shoulder on the 1H chart.