USOIL- 2 classic M pattern. Now expecting for correction to previous support that became resistance by Fib level. GOOD LUCK!
AMD- now in huge sell area. This price range is multi sell area in all high timeframe (6 month chart, 3 month, 1 month, weekly... )
USDJPY- Strong previous resistance that now turn strong Weekly support. Will go highs to the POC.
NVDA- huge rising wedge. Very close now to the kill zone. Short massively! Good Luck!
EURAUD- still bullish. Broke the ascending channel and now move inside new channel. My target before the correction is - 1.626 which is very strong resistance/supply zone. SL- below today candle. GOOD LUCK!
Silver- Very bullish but at very good position to catch correction- POC. RESISTENCE LINE. My target Fib 0.382- 21.200 GOOD LUCK!
GOLD- correction on bearish trend. POC- bears will push it down.
UK100- broke the trendline, and now we have a very good R:R to take a short position to the support zone which is also the bottom line of the channel.
EURGBP - Forming LH & LL, touching resistance line. Wait till reach to POC for short.
EURUSD- Resistance line, wait for false break and bearish 4H candle.
US100 - Is this the end of the bull run we had last month? The Chart looks scary for bulls!
NETFLIX- At multi year POC, got rejected from Fib 0.382 , touched and rejected from bearish trend line. These 3 factors, specialty the POC level, giving me (for my opinion :) ) very good opportunity to short with very good R:R. My TP is the lower trend line of the correction channel which is also Fib 0.236. Good Luck.
After the dump and the nice correction Tesla hit strong resistance. We may see another push up to the next Fib0.5 resistance, but I will start building my short position from today and continue to add if it continues to up. GOOD LUCK!
NG- As every trader knows, this is the most complicated commodity to trade, very aggressive with huge potential to win/lose. On weekly chart, NG is now in multi year POC touching multi year trend line and RSI pointing 28. Historically, each time when weekly RSI was at this level we have seen huge correction of more than 100%. Trade safe.
DXY reached a major support trend line + previous resistance which has now become support, forming an ABCD pattern with a 0.5 Fib retracement.
NVDA- * 5 waves pattern in progress. * Bears will take control soon, get ready for January 2023 dump. * Final TP for bears around 50.