Gavinpjones13

Gavinpjones13

So, we bounced of resistance. Cloud is now our trend decider. My outlook... we retest previous support in the next week or so. I still think the daily 200MA still needs to come close to retest. We shall see

Gavinpjones13

if you are following this support and resistance lines, we may be heading for a pull back. we shall see on the next candle how we look.

Gavinpjones13

Looks like we're going to break the cloud. As i havn't used any other indicators at this point, if we do break need to find support points. Looking bearish to me. Looking at bollinger bands, maybe retest the middle support, we shall see.

Gavinpjones13

Just my opinion, but i think the 200ma on the daily will be retested. May not touch but come close. I think cloud support will be with us for a few days, maybe a week or two, but we fall through and retest. What do you think?

Gavinpjones13

Unless we see some large upward movement, we will be entering the cloud. I'm still bearish, weekly looks undecided, but we have around 7 hours to see where we are at.

Gavinpjones13

So, we broke the 50ma on the daily. The cloud is now acting as support. My prediction, is we go sideways onto the cloud, break through and run towards the 200 ma on the daily. If you set up bollinger bands the weekly must retest close to the ma. I am bearish right now, but we will see where we end up.

Gavinpjones13

Ok, so daily 50ma acted as resistance, but the 4 hour looking bearish on the 200ma. 40 minutes to go till close.

Gavinpjones13

Down to the 200ma???... think we are going to see some downwards action this week. But i'm a noob so....

Gavinpjones13

Descriptions says it all. Currently waiting in cash to see what will hold. Imo, we have a fair bit to go down before we climb again. But, i'm a noob so could be wrong lol

Gavinpjones13

Potential sign that we are heading down a bit. Tricky trading conditions, waiting on more confirmatiom.

Gavinpjones13

Support has held, and we seem to of broken the downward resistance from above 11k. We could go up from here again. Trade wisely though

Gavinpjones13

As we enter the wedge, 11k came yesterday, but that could of been the top. this run is wild at the moment though so stay alert.

Gavinpjones13

So around this mark in yellow, there was previous weekly support/resistance. The cloud could also be tested and act as resistance. 10k is a physcological barrier also as we then head into five figures. Right now though, the bulls are charging and we could break through with ease and continue.

Gavinpjones13

Weekly is looking good at this point. Top of the inner cloud could act as resistance. Just over the 10k mark could provide a pullback. Plus, 10k is a strong physcological number.

Gavinpjones13

So, what a turnaround that was. Looking at the charts and the resistance points it was always going to happen. Next target in yellow for me. Around the 10k mark. Top of the weekly cloud. Will this be the top.... But, i'm a noob so could be wrong lol

Gavinpjones13

So, the death cross confirmed. Is this confirmation of bearish??? Around the 7600 support is what i will be looking at. We break, we go down more. But , i'm a noob and could be wrong lol

Gavinpjones13

If the cloud acts as resistance, may still see downwards movement. 200ma and 50ma could meet at a critical moment.

Gavinpjones13

I showed a few days back the 4 hour testing the 200 ma. Now broken will the horizontal support hold. I don't think so. The weekly is looking bearish. But , i am a noob so all this could be wrong lol