848evo

848evo

PA rebounded sharply up and might be targeting that large buy cluster at the top for a quick spike up before eventually needing to drop hard due to a heavily oversold condition.

848evo

EURCHF zoomed down yesterday, hit the lower support cluster and bounced right back up. Right now it's in the middle of two clusters so I will wait and see for further direction.

848evo

EURAUD is moving up as expected and hit the first major resistance cluster. We should look for a reversal soon.

848evo

PA has broken down through the entry point neckline of the H&S pattern. It hit the big sell cluster which made PA spike down and I believe PA will continue in the down direction until it takes out the lower cluster.

848evo

PA has made it's way up to take out the first major resistance cluster and has bounced off nicely. I originally thought that PA would continue up to take out some more upper clusters, but looks like buying volume might have died off and this could be the reversal point, waiting and watching for now...

848evo

I don't usually post more than once per day, but Gold has been extremely busy. After a breakout of the 1265 sell stop cluster from this morning, price is now headed down. Potential target is 1248 buy cluster, but PA may continue falling if it can break hard enough to trigger the 1245 sell stop cluster.

848evo

We've had quite a lot of activity this morning and it seems we have a nice range for the day established. Two sizable clusters have formed above and below price that when triggered, will cause price to spike in that direction.

848evo

After yesterday's crazy drop, I think PA may have bottomed out after taking out the clusters at 1280-1290. The current situation shows strong up bias as we see 2 strong blue clusters directly above and below PA. So PA has support below it and if PA can move up just a bit more, it'll trigger more buy orders to push it up further. However, if PA can manage to break...

848evo

As expected, PA moved up just a bit to trigger the large buy cluster sitting there causing price to spike up. I think that should be enough buying pressure to make PA continue up to hit the upper sell cluster before we see it fall down.

848evo

After PA went up to take out one sell cluster, it rebounded swiftly and broke the rising TL, but did not cross the entry line. From here, PA could either continue up to take out the upper cluster or begin it's drop now to target lower clusters.

848evo

PA has moved up to take out one of the sell clusters and could possibly move higher to take out the upper clusters, but will eventually need to fall and target that lower blue cluster. Wait for PA to break the rising TL or green line before entry.

848evo

PA made a huge drop yesterday and I don't think it's quite done yet. PA dropped right through a strong cluster and has now slowed down right before a minor blue cluster. I think PA will retrace just a bit to re-test the broken lower TL before dropping once again to take out the lower blue cluster.

848evo

PA has moved down as expected and hit the first big sell cluster for that spike down, but it seems that spike was just barely short of triggering the 2nd large sell cluster right below it. Now it seems a blue support cluster is starting to form below the current price and I'm not sure if PA will have the strength to push any further down and trigger the 2nd large...

848evo

It looks like PA is beginning it's bull run after making a new HL and stabilizing by breaking past a falling TL. The lower buy clusters are also thinning out showing buyers don't think PA will hit that area anymore. I'm expecting price to continue moving up to hit upper targets.

848evo

PA made it's way down and hit the large sell cluster causing price to spike down momentarily, and after price stabilized, a minor support cluster seems to be forming right below the low. I think at this point PA needs to head up to take out those super juicy upper clusters. For confirmation, wait till PA breaks the falling TL or the green entry line.

848evo

PA continued jumping up overnight as expected and now there is a massive buy cluster that has appeared just over the recent high. I'm sure this will get hit and it should take us right up to hit the upper 116 cluster. At that point I'm expecting a retrace of some sort to take out some of the lower clusters.

848evo

PA has gone up and taken out both upper blue buy clusters causing PA to do a little pop, but I think that's the end of this wave up, PA is extremely oversold and needs to do a retracement down, with the 2 lower blue clusters being target 1 & 2. I'd wait for PA to break & close below the green entry line first or a break of the extreme rising TL.

848evo

PA has taken out the first major sell cluster as can be seen from the grayed out line. I think after some ranging and/or retracement we should see PA continue up to hit that juicy large upper cluster before finally reversing down to target lower blue clusters.