2 quick and strong rejection candles on the minute chart. Bulls want to defend those.
Not very sure but see analysis in chart.
as title
Notice that pennant? Pushing through would lead to a huge expansion. Key LVN just below. I have no idea where this b**ch is going no dice at all.
If Bitcoin can't hold 2900 then perhaps we go sub 2k. The bounce above 4k was weak and the bulls who entered above 4k are now squeezed out.
Oil has seen two violant down days. Those type of days typically appear at the end of a strong trend, showing exhaustion. From this chart, we can see if the lower white line holds, then the divergence could start to play out for a trip back to 57s, and perhaps to above 60s.
Quick trade back to 5k. Getting above 5k then 5k6 is in sight.
Buying BTC below on a flash crash to below 5k may be the best deal before the end of the year.
BTCUSD has come down hard. A bit more pain for those who longed at 6k and then we will be good to explode after squeezing them out.
Above 800 triggers an impulsive stop run. Copper chart:
AMZN has had a wild ride the past month, marking a double top for a recent rally that nearly doubled it from 1200. We can see that a D shaped profile is starting to form between 1340 and 2000. This could be the new trading range for AMZN for the next one or two years. The best strategy here is to long at bottom and short at top.
Trade the breakout. Upside target 58.
This is a monthly chart for TSLA. We can see how October reacted: 1. Market tries to break below Key LVN at 272. But instead, stock bounced from that level and closed the month at the top of that market structure 327 LVN. 2. This month, we have backtested that level, and if it can start breaking previous highs (340,380), it will be ready to enter a major...
Upside targets, 57.15, 57.38, 57.7, for today only. Stop if pushes below 56.5. All targets given for /CLF19.