nexus8511

nexus8511

h&s neckline break, retesting strong support 1060

nexus8511

bullish bias, failed to break 1000 support twice and creating bullish bottom pin/wicks. long bullish if break above candle, stop order.

nexus8511

possible head and shoulder formation and also inverted h&S as well. if break above neckline, should run to new highs. if break below neckline, should test 750-800

nexus8511

could make a double top in R zones before creating a second leg down

nexus8511 Updated 

should continue downside short term trend on apex

nexus8511 Updated 

2 failures before breaking down... market usually tries twice before quitting.. seeing the signs along with buyers trapped in doji bar 2b formation top and creating new downside wide range bearish gap bar

nexus8511

here we go, breakdown off the down gap range and off a 2b as predicted earlier today, creating another possible down gap to confirmed.

nexus8511

price moving into the DOWN GAP and over 70% chance (low volume relative to the breakdown candle) it will break down within the zone.