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.
NZDCAD- Touching Bearish trend line+ high volume area. Sellers will take control now.
AUDUSD - the pattern is complete and this pair is now in strong resistance area. First TP- Fib 0.382 - previous resistance which is now support.
USDJPY has reached to weekly support and Touching the bullish trend line. TP- Blue line, Volume area.
NVDA - strong down trend, forming H&S pattern. Trading at the moment in high volume area, that's why we are see buyers trying to defend their positions, but the bears are strong and probably will break this level and neckline straight to the next volume area which is my buy point.
GOOGL in strong down trend going straight to the volume area. Don't buy until the "BUY AREA" level.
EURCAD- XABCD pattern Heavy resistance at 1.363 . Bears will take control with massive shorts.
GBPUSD is approaching to sell area at 1.176 which is Fib 0.786 and bearish trend line.
USDJPY- AB=CD Monthly chart, we have 10 more days to see how the monthly candle will end. Its looks like that Huge correction is coming.
AUDUSD- Fake breakout, engulfing candle, H&S pattern. Back to bearish channel.