We have a double top in play. We can expect price to eventually correct after having a nice rally sicne May 24th. Targets 2 and 3 are Fibonacci levels of the 61 and 88 levels. Targets 1 and 4 are fib extension levels. Wait for price confirmation before establishing any short positions.
Price has come back into structure. We can expect some additional weakness from the Dollar. First target zone around 1.28150 region. We have established a triple top on the high time frame. More bearish pressure should resume after collecting short sellers orders to resume lower. STOP Loss placed around 1.30 zone for swing trade set up.
Of course we are long, but before that, we expect price to retest market struture that sits at the Golden Ratio of the Fibs. From there we expect price to rally to move to all time highs as we resume the bull cycle. Price targets: .11, .14, .23, .37, .47
Looking for CAD to revisit market structure which aligns with the Fib levels of the overall impulsive leg down made on 4/13/22. Target 2 will complete the Fib Extension.
If $41,766 level is violated, expect price to head to the $41, 300 price region.
We are looking for a big correction on OGN. It's massive run up recently was unexpected and appears to be whales pumping and then unloading. The project is currently over extended and appears to be heading back towards the 20 and 50 MA's. We are looking for price to return to 47 and 41 cent region and 36 cents as the third level of market structure.
Look for pair to visit minor downside targets to market structure. Confluence shows key market levels are aligning with Fib Levels and Extension points.
Allow price to make its move to give us a clear price trajectory. This allows us to avoid being in consolidated ranges where we see our value fluctuate.
Look for price to retest market structure for a short term move. We will monitor price after that level is achieved. The US Dollar could see some strength as the war heats up. We expect a push to second zone after clearing and retesting first structure.
Look for price to close the gap to the upside. Also 20 and 50 MA are hanging out in the gap. Perhaps a kiss to the MAs with price is what we need to complete the short term reversal.
Apple appears to be in a minor correction. We have market structure to the upside where a gap is needing to be filled. Also we have confluence on the lower time frame where the Fib extension lines up with key market structure.
Price has come into demand zone. We also have confluence with golden ratio sitting at demand zone.
We expect Bitcoin to enter into the loading block zone to complete the Bearish Impulsive leg. From there we can expect price to range bound within this accumulation zone. Once orders complete, expect Market MAKERS (WHALES) TO RESUME BULLISH TREND. We also have the golden ratio within the loading zone.
Inverted head and shoulders forming on the 1hr time frame. Look for price to break structure to take trade back into market structure.
Bullish reversal looks like it setting up on the E-Mini. As long as 4648 holds, we could see a reversal to collect SL premiums on short contracts.
Head and shoulders pattern setting formed on the 15 min chart. Let's see if we can get a break of the neckline for confirmation. First target level 115.254 Second target level 115.136 Third Target level 114.793