Erictaylor

Erictaylor

So although my idea of 411.40 continuing to hold as reistance wasn’t the right idea to start, we still are up towards The symetrical trinagle I have drawn out reistance. We do have a chance of this range of 418-380 to contiue being a range, but perosnly I’m looking for a lower high again but 418 isn’t out of the question. Now I don’t personally think that...

Erictaylor

Time to get cautious in my opinion. Btc is getting very close to toppin out. The pull back could Be violent but won’t happen in 1 week. Great rally up over 100% from the bottom. 50% pull back should be a good reload point. Shorts looking good around 31-31,200 area. Mabey we can wick higher but dxy rally off the bottom could be first signal for turn around. I’m...

Erictaylor

Although this has been strong I’m finally zooming out to see the trend. Apple has been in a large range making lower highs and lower lows. We have now come close to reaching the top of the downtrendinf reistance. A lot of stocks are looking this way. Not saying todays top was all it has in it but it’s getting close

Erictaylor

Bounced off the lows. Bottom could Be in for the DXY. Usually dxy bottoms stock and BTc top. This is the first signal here that although things look pretty in the short term, this could be signal of the long term trend in most assets. Be prepared. Get ready there may be a downfall in the coming weeks.. be careful out there

Erictaylor

We lost key support of 270 in my veiw we Looking like we are backtestinf the uptrending support as new reistance. I’m looking short. I’ll give it to 271.50 but if you don’t want to risk that much can stop above 270 as support. I think market getting top heavy. Otherwise short at a 263 break down to 255s

Erictaylor

We mapped out symtrical triangle. Was looking for a bounce up and breakout but obvisouly went the other way. The target downside is 91. We dropped and now rally back up. Personally I think we get a breakdown further to reach targeted move. Could we rally up to retest 98.50 yeas, but I personally think 97 will hold as reostanxe. I’m short looking for 91 or even as...

Erictaylor

Solid risk to return idea. Headed into reistance. In a rising or symtrical triangle setup. Entry 411.40. Stoploss 414 hold as support. Take profits 403 is tarhet lower support is 380

Erictaylor

Contiues to build this ascendinf tirnagle which has flat reistance of 1170 a pop and close and hold as support above this level can give us a beautiful breakout back towards 1371 which would be the target of this pattern considation It looks like if we got further pressure building in this pattern we could see this breakout around April 22nd towards end of the...

Erictaylor

Contiues to remain strong. Pul backs short term above 273.50 can be bought. Below 273s results in drops to 268 Curent trend continues. But monster key reistance is clearly set at 277.50 and 279.80 based On candle wick zone Until we can flip 277.50 into support which can be clear with 4 hour candle body above this range closed and open, we can expect another...

Erictaylor

Risinf channel contiues to hold apple up on the trend. Today we attempted a break but bulls controlled the level. It’s not gaurenteed it’ll contiue to hold true but it was been reliable. I personally think apple will contiue in this uptrend at least to tap the downtrendinf roetsance that is marked from the high of March 2022 and august of 2022 If we tap this...

Erictaylor

Speculation for now, but if we have now found a bottom here and got a nice rally of 176.40 lows, this could be the start of a symetrical trinagle building. My first initial idea was a bull flag, which we started to play out but got a nasty rejection at 207$. This blew that idea up when we lost 185.50 support.. Howver now I’m considering this idea. That doesn’t...

Erictaylor

After a large move out of my support breakout idea of 85.40 control we have now reached a 105 top. We have had a pull back and considlation pattern building which still might have more time to compress. Key reistance around 102.50-103. If we can break through this symetrical trinagle or bullish pennat we can launch back to retest this 105 or higher on next rip...

Erictaylor

Looking bullish AF. Larger inverse head and shoulders on weekly and on 4 hour we have a downtrendinf to channel that broke with a fake breakdown and ripped back into it. We haven’t reached the upper reostanxe of it but curently have a bull pennant inside that channel. Lower support was formed today and upper reistance around 69.30. If we break above that and hold...

Erictaylor

Looking like a retest of this mornings breakdown of sideways considlation from 408.60-407.75. Now backtestinf as reistance. Could be a slow breakdown stair stepping down but we should get some volume and bigger move down at a break of 406. I’m looking bearish for now. We’ll see if we bounce at 406 again tomrorow then Mabey the king will be better, I’m not...

Erictaylor

Setting up with a ascending triangle here after a breakout of downtrendinf falling wedge. All we need to do is flip 270 into support and back to 273 area or higher this is getting very close to a breakout I bought the dip with option 274 calls I’m taking the bet for the breakout. The safest play is the confirmed 271 break

Erictaylor

Nvda finally broke the support wil hi h I have been waiting for for what feels like a bit now. Now the level is tough to call exactly but off hourly candle bodies 265.30 looks like that perfect area to watch for another test of now that we saw the intial reaction of the break of this . 264.43 was a previous low wick area as well which may mean something too...

Erictaylor

As we have now dropped back to the breakout level of 185.40 this is going to be an absolute monster level for Tesla to hold as support. I’m praying for another test of this level as I will be loading the longs at this levels. If we were to lose 183 then I think I’d have to invalidate this idea I’m going out on a limb here and putting a 220 price target on...

Erictaylor

This is a very hard chart for me. I have been nonstop shortinf optipn puts everytime we reject and confrim the rejection of 269.70-270 area. Overall been looking for 255 for a big bounce long. Howver each and every time the bulls control te 264.263.70 area supprt. Normally at open we open up closer to the 270 area of reistance and it’s easier to just watch and see...