abalogh

abalogh

Slowly knocking out my previous targets. Love this stuff!

abalogh

Next resistance levels of 2.55 - 2.60 zone highlighted by teal ovals, then the next areas of resistance are previous high of 2.91 then to the further upside channel at the "X's" marked at higher levels. Of course price and time can meet at different areas aside from the exact location of the X, but the dark blue trend line will provide some guidance as we enter...

abalogh

Playing out pretty well as per my previously posted resistance lines indicated with the green "x's".

abalogh

With price action and chart patterns left aside here. I've indicated the next rough areas of resistance to the upside. Looking forward to watching it play out!

abalogh

Now testing previously highlighted areas. I an neutral for now as it appears we have had or are still in our last impulsive leg down. I'd expect consolidation and a range bound market for another few days at least.

abalogh

If we see a break and retest of the current ascending channel support line at 6535, I see a continuation down to the next support at 6275 region. June 13 has supporting candle sticks to support this on the 4 hour chart and we can duplicate our current ascending channel support and resistance lines including their relative distance apart to provide our next...

abalogh

Current breach of support at 6525 area eyeing further downside to 5900. If current support withstands price, then looking to see a test of resistance at 8880.