AUDUSD is bearish and ABCD pattern in process. The pair has reached to high volume area so the bears should take control from this point. We might see little more push to the upside to Fib 0.5 with fake breakout but the direction is clearly down in the channel to complete the pattern.
Weekly resistance trend line+ supply zone. Sell with tight SL as DXY is SUPER bullish.
Looks like the harmonic pattern is completed. The volume is also decreasing and forming clear divergence.
AMD is Bearish forming- H&S LH&LL XABCD bearish pattern.
GBPUSD broke the trend line test the resistance and rejected forming H&S.
Uber has reached to high volume area+ MA 200 acting as a resistance as well and resistance trend line. Over bought MFI+RSI. Huge gap bellow to be filled. Good R:R
EURNZD- the pair reached to to upper border of the descending channel. ABCD- pattern. Volume- poc
AUDUSD has reached to strong resistance point & forming ABCD pattern.
Sellers back in control with downtrend (LH-LL) after rejection on the volume area and forming double top + H&S pattern.
PayPal is still under bearish pressure. By the volume zone (point of control), we can identify who controls the market - bulls or bears and analyze the point of support and resistance. In March 2020, the high volume zone acts as strong support and the bulls made a bull run with gains of 257%. Since then, the sellers have jumped into the game and broke the volume...
GBPUSD- Expecting small false breakout and then huge selloff. Good Luck!
APPL with nice run and low volume and now has reached to 149 which is major POC and very strong resistance. Daily candle are going end as red Doji which indicates that sellers coming in. MFI forming divergence- Smart money comes out from the stock. TP- 120.
BA forming bear flag and 149 which was very strong support is now resistance.
As I see it, it's just another LH in this bear market. We may see false breakout and attempt to break 12,400 that was previously strong support and now strong resistance, but the sellers will push it back down.