TAcharts

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It appears a potential long at D (with candle reversal evidence to support) could lead to a nice move either to E or breakout to upside.

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Confluence of bearish shark PRZ with AB=CD for the potential move down.

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While this will take some time to set up (assuming the PRZ area is reached), it may well offer a nice opportunity for a longer term trade. If my assessment of the diagonal is correct, a long position initiated at (d) could see a nice move up to (e) and shark PRZ.

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This bullish shark completion will likely be the 3rd "touch" of bottom support level, as well as a move to the .618 retracement of the last move up on the weekly chart. This may well be a point from which a new uptrend may develop to break out of the falling channel.

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Looking for reversal candle pattern (on smaller time frame) to short for the potential move down to PRZ from Double Top. 1st goal will be to break down through the AC/B channel.

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A few thoughts on Sugar and what may lie ahead. Potential short in retracement area.

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Potential reversal for pullback in developing move up or retest/surpass of prior low.

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Nice confluence.

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Explanation detailed on chart. Metals group awaits resolution. :o)

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While we got our anticipated initial reversal thrust at our higher high (within the 1.13-1.618), but DXY has been riding up the AC/B parallel channel. I view this channel as a key to break to help confirm that the PRZ may in fact be reached. It is not uncommon to have price break the channel, but then retest (kiss) before continuing. Observations I have found helpful.

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Looking for retracement 1st to "4", and with follow through, to bottom of wedge.

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Just to shed some light on a couple of possibilities in play. In the event the Bullish Bat plays out, we have an area defined for a possible reversal back up.

TAcharts Updated 

It appears that Platinum may be heading up to retest prior support now resistance. PRZ falls within this resistance area, which should be supportive for a move back down given candle/technicals signs of reversal there. I take a slightly different slant on the shark formations. For me, the meat of the formation is the lower low/higher high that falls within the...

TAcharts Updated 

Simple application of harmonics/channeling. Essentially (or similar) to a wave 4 in EW. Ride to 5, and look for the corrective turn back down. Up and back!

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I have outlined the anticipated long setup to resume towards the AB=CD completions of dual ABCs, creating the confluent PRZ area. See chart for detailed outline.

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Having just completed a Daily Bullish Shark, now have an apparent Bearish Shark in progress. Both of these are contained within a larger (longer term) Bearish Shark on the Weekly chart. If we are to reach the larger Shark PRZ, the longer term bias will be up.

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The Gold/Silver ratio had been showing signs of topping and moving down recently, but has again started inching up. This implies Silver has lost some luster (at this point), which seems supportive of this move down in Silver to reach our PRZ. I have noted some things of interest. My focus is on the move to the PRZ, so I carefully watch for higher highs, lower...

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Through the use of the arc function, Gold shows a very nice rounding bottom, with key "touches" on the arc (a bending trendline if you will). I see two necklines. A measured move from the bottom of arc to neckline extended up (via a breakout) takes us virtually to the upper neckline. It's measured move (again from the bottom of the arc) would extend up well...