Monthly: Price is currently rejecting a previous zone of resistance that now it is support and also is rejecting the ascending trendline. Weekly: Price is trading above the monthly support and we are expecting another tap to the weekly last higher low that was broken. Also we are expecting for price to fill the wick of the previous week. Daily: Price is in a...
Monthly: Price is rejecting a very strong demand zone. Weekly: Price already closed above the weekly resistance and the weekly candle could be filled next week. When we see this type of candles we expect them to get filled because on the lower time frames are just a pullback. Daily: Price is retesting previous broken structure and it is rejecting the 61.8% of...
Montly: We have a bearish scenario as price is forming a H&S pattern and also price is moving below the descending trendline. Weekly: Price is forming a bearish W and currently it is rejecting previous broken structure and also is rejecting the zone of the 61.8 and 78.6 of the weekly fib. Daily: Price could possibly come to retest a previous broken structure and...
Weekly: Price is sitting on a strong demand zone. Daily: Price is making LLs but it could be all correction for another push to the upside. Also price is at the last higher low of the bullish structure so it is a good zone for longs. 4H: Price already invalidated the 4h bearish structure and it is forming bullish structure so if price can continue like this we...
Monthly: We can clearly see that price is rejecting the previous broken structure that was resistance and now it is acting as support for more upside momentum. Weekly: Price has already completed the bearish W to the lows and now it is rejecting to the upside. Daily: Price formed a reversal pattern which can let us capitalize in a counter trend movment to the...
Monthly: We have to take in consideration the price is currently at a monthly support. Weekly: Price is forming a bearish W and it is also rejecting the zone of the 61.8 and 78.6 of the weekly fib so we could see anothe tap to the montly support. Daily: If the daily close is bearish we could probably see a H&S pattern in play for more downside...
Monthly: Price is showing some deceleration and it is retesting previous broken structure. Weekly: Price is forming an inverese H&S pattern that could indicate to us more upside potential. Daily: Price is also forming an inverse H&S pattern and it also rejected the lows. 4H: Price is forming 4h inverse H&S too so we can expect anothe push to the upside at...
Monthly: Price rejected the monthly high so we are expecting for price to reach a previous support. Weekly: Price is formign a H&S pattern and also a bearish W. Daily: In the daily time frame price is also forming a bearish W. 4H: We should wait for price to change from bullish structure to bearish structure to look for an entry.
Monthly: Price is rejecting previous broken structure. Weekly: Price is forming and inverse head and shoulder pattern and it is rejecting the 61.8% of the weekly fib. Daily: Price is forming a bullish M so we are expecting anothe push from the 61.8% of the daily fib. 4H: Price is making higher highs and it already rejected the IC (institutional candle)...
Monthly: Price is below the descending trendline and it could go to retest a previous structure on the monthly. Weekly: Price is forming a H&S pattern and it is rejecting the 61.8% of the weekly fib. Daily: Price also is forming a H&S pattern with an Institutional candle in the last push. I am expecting that price rejectes the White box and make a new low on the...
Monthly: Price had an over extended push to the upside and it came back to retest previous broken structure before going to the upside again. Weekly: Price is forming a bearish W and it is rejecting the 61.8% of the weekly fib. Daily: Price could retest the daily Institutional candle (white box) before it continues to the the downside and it could also form a...
Monthly: Price is rejecting the weekly highs and the descending trendline. Weekly: It is forming a bearish W and price is already rejecting the 61.8% of the daily fib. Daily: Price could be forming a H&S pattern to confirm more downside momentum. The 61.8% of the daily fib is also aligning with the possible right shoulder. 4H: We should wait for deceleration on...
Monthly: Price is below a big descending trendline and it is forming a H&S pattern. Weekly: Price is making LLs and it is rejecting the 61.8% of the weekly fib. Daily: Price already retested the institutional candle (white box) so it could continue to the downside at least to the beginning of the correction. 4H: Price formed a bearish W and it rejected the...
Monthly: Price is above the ascending trendline and it is forming an inverse H&S pattern. Weekly: Price is starting to make HHs so I am expecting more upside momentum. Daily: Price is forming a bullish M and it could go the 95.20 region if price reject the institutional candle ( the white box).