another setup that I like.. showing some strength here and could be on way back to 46
strong break of control price along with positive directional movement crossover.. looking for this to break 15.40 area with 16 as next target.. stop at 13.80
Liking the setup here to get back to 123 area.. ADX (dotted line in directional movement) is trending higher and control price held with long wick.. 123 target with 112.80 stop
I'd be looking for a short play here back to 66 area with a stop at 74..
Possible long entry here back to 109.25 (control price line)
If the yellow dotted line fails I like a pullback to the control price within the small value area (1.289 roughly)
Triple Rejection of 101 area.. Looking for this to retest 96ish which has strong support
Looking for a retest of ~312.40 area with rejection setup for which I will be looking for a test of 311 tomorrow
there was strong initiative move by buyers with earnings, but sellers immediately took over and brought price back to control line of uptrend. I'd be looking at a short play back to lower trend line below value (see arrow).
Looking for a retest of ~60 area pre-earnings.. broke thru lower value area without a retest and is sitting on control price from bigger value area dating back to Oct 2018
Potential long play here as reversal of downtrend is forming. Recent highs have broken the last value area of the downtrend (rectangle in chart). Could get a play back to ~17.30
Looking for a retest of 315 with rejection to which I will be looking for gap fill back to 311
with initiative buying starting from 1st up arrow followed by weak responsive action I am looking for this to continue back to 1.32 area if not higher
Looking for a retest of lower value line of uptrend. If this holds, potential run back to control price (center line) of value area ~300