DJI currently moving into a rising wedge which has triple divergence with both rsi and MACD all signs show that we might have retracement before goes to higher targets As I stated before all victories inevitably come at a cost DJI will go higher but first, need a retracement
As we can see the S1 S2 trend lines are become dynamic resistance . the new trend line and S2 are shaping the rising wedge
DJI is as I said before it is moving into uptrend channel and at the (NEW S) have very important support, as mentioned in the last memo any retracement to this area was great opportunity to buy, Now DJI is moving towards the black area if be able to break the R1 which is heavy resistance, and after breaking the black zone it has nothing to stop it from going to violet zone
Dec 8 As is indicated on the chart right now DJI is moving towards the R1 which is the important resistance, and its also moving into an uptrend channel, any retracement to S1 is expected which would be our channel bottom line, if S1 is breakout we should be saving the profit until the S2 is not broken any down price is an opportunity to buy, R1 breaks we can...
as the red zone resistance broke, the price has no any other resistance till the green zone, where we can see that multiple fibo numbers and pivot points are overlapping,
after retracement price started to move up, and it's continuing inside uptrend channel IF the Red zone breaks we can expect that the price goes up at least to the green zone
Dec 7 As we can see USoil is going up in the red uptrend channel, the green zone is very strong resistance and it is also on top of our channel we can expect USoil continue in this channel, the first retracement would be hitting the blue(safety line) line inside of our channel then if break that we can see that the oil comes down near to bottom of the channel then...
Dec 8 Gold is moving into a downtrend channel which has support at S1 and the second support is S2 any up in gold is an opportunity to sell and in longterm we can see the price touch the S3 Dec 14 Comment: price touched the upper line of the channel and R1 and couldn't break any of that resistances we expect gold continues in the downtrend channel
Gold is moving into a downtrend channel which has support at S1 and the second support is S2 any up in gold is an opportunity to sell and in longterm we can see the price touch the S3
As is indicated on the chart right now DJI is moving towards the R1 which is the important resistance, and its also moving into an uptrend channel , any retracement to S1 is expected which would be our channel bottom line, if S1 is breakout we should be saving the profit until the S2 is not broken any down price is an opportunity to buy, R1 breaks we can expect...
As we can see USoil is going up in the red uptrend channel, the green zone is very strong resistance and it is also on top of our channel we can expect USoil continue in this channel, the first retracement would be hitting the blue(safety line) line inside of our channel then if break that we can see that the oil comes down near to bottom of the channel then we...
with a bearish divergence in volume and the price moving to resistance and considering the middle line of pitchfork we can expect the retracement to the bottom line of pitchfork channel
price is moving towards the green zone on the A trend line, we can consider the movement to be bullish until B trend line it's not broken
right now the price is moving into a symmetrical triangle, yellow zone is going to break if be attacked by high volume , we expect the price break the triangle goes beyond the yellow zone resistance
after a big gap up right now the price needs to fill the gap and retrace from the high with a bearish divergence in volume we expect tesla go down in short term, we cant go into buying position unless the yellow zone is broken
As is indicated on the chart right now DJI is moving towards the R1 which is the important resistance, and its also moving into an uptrend channel , any retracement to S1 is expected which would be our channel bottom line, if S1 is breakout we should be saving the profit until the S2 is not broken any down price is an opportunity to buy, R1 breaks we can expect...
DOW is on a bullish trend due to two trend lines A and B as we can see none of them have been failed, dow is supported right now by the blue zone, dow is in correction and it will come down to blue then it will go up till the red zone
XAU/USD has a resistance at 1512 any pullback near this price is selling signal as we can see we have multiple fibo numbers in the upper blue rectangle and the lower rectangle is support for gold