bat_catcher

bat_catcher Updated 

I keep thinking this is going to retrace move as we're quite far from 50 MA on daily, but still going strong. Just bounced off 20 MA and also 0.618 fib level so pretty sound buy.

bat_catcher

Fib levels plotted. Awaiting confirmation.

bat_catcher

A trade from yesterday, but my stop was a little ambitious... Back in again now. Trendline rejection, fall to support.

bat_catcher

Rising up in channels. Two channels meet here. Looking for a bounce to resistance (recent high + top of channel)

bat_catcher

Buy into resistance level & resistance band.

bat_catcher

Tested several times over the past weeks. Looking for a strong move to the recent highs, but failing that, the high of the most recent.

bat_catcher

Possible falling wedge on 30 mins. Buy on breakout to resistance.

bat_catcher

Off trendline

bat_catcher

Right on the top band of the resistance channel. Low risk, high reward.

bat_catcher

Dropping to next support level

bat_catcher

We're at the top of the channel, confirmed by doji and next daily negative candle. We've now broken key resistance. First target at 60.774 (fib level, strong resistance). If we break though, next target 59.001. Finally targeting near bottom of channel at 57.308.

bat_catcher

Failed to make new high on daily. Some distance from tendline. Possible a fall to where trednline co-incides with trendline and 0.618 fib. Dark cloud cover on 4 hour giving negative market sentiment. Minor support identified on hourly - suggest moving stop to zero at this point. Broken market structure on hourly (trendline)

bat_catcher

If the last time we ranged are anything to go by... Double bottom buy at peak of dip, then look for strong move up to resistance. The market likely bunch in a tight range. Buy again when the 20 MA hits the bottom of the range on an hourly. Stop at bottom of range.

bat_catcher

Ranging on weekly/daily Rejected resistance at 81.820 Adhering to 50 EMA on hourly Tight stop at 50 EMA Targeting bottom of range Low risk/high reward

bat_catcher

Possibly ripe for a drop to recent support.

bat_catcher

Weekly trend positive Possible Bullish Pennant Buy on break above recent high. Targets 17th Sep high. Stop below low of range.

bat_catcher

Daily trend positive, but moving into a possible range Non perfect gravestone doji at resistance Confirmed through doji on 15 minute Short to bottom of range and watch for breakthrough or ranging back up Might get stuck or bounce back at 3.5421 Stop above 3.5601 Initial target 3.4966

bat_catcher

Negative weekly trend Daily retested resistance on 21st Dec Interaction with 200 day moving average Two tests of resistance on 4 hourly Stops above daily high on 21st Dec Targeting low at 1.26951 with cautious look at candlesticks at 1.28703 (minor) & 1.27646