Exocet03

Exocet03

Targetting 7-dollar region following a back test of falling wedge breakout area. Stops set at 4.5 feels god R:R on this set-up. Some strong volume required to allow for a sustained push

Exocet03

Watching this as a falling wedge continuation to the upside. Am not convinced that the bottom is in for the next leg higher market wide. Expecting a rejection of upper trend of wedge resistance line to then put in an interim low of around 0.175 prior to my expectations of a sustained breakout if the market plays ball. Monitor 23.5 dollar level for initial...

Exocet03

Looking at placing Longs in 74k region. Cumulative support at this price including: 0.382 Fib from cycle Low to current top. Diagonal Up-Ward Trend resistance. Horizontal Break-Out resistance. Would expect big buyer liquidity in this region for a minimum a strong bounce higher or the upward trend to resume. Alarms set

Exocet03

Palladium is looking pretty much ready for a resolution of this horizontal consolidation pattern. having dropped more than 50percent from 2022 peaks and trading cheaper than 2001 peaks i have a feeling this pattern will resolve to the upside shortly. Placing stops at 842 dollars with upside targets indicated targeting 0.682Fib and 200SMA.

Exocet03

Nike has been putting in a pretty nice looking falling wedge. Keeping an eye on 2 Scenarios another breakout failure where price is pushed back to 68 dollars or a breakout. Either way i feel this resolves to the upside fairly shortly. Looking to enter this between 60 and 68 dollars if price rejects diagonal resistance. Or if a breakout occurs to add to a...

Exocet03

With Silver prices Lagging Gold and silver miners lagging price Fresnillo feels like this diagonal breakout will be sustained. Looking for re-entries at the back test diagonal as indicated at 680dollar region which may tie in with Q4 earnings release on 4th of March. A Silver Miner on radar which can run hard. Targets indicated.

Exocet03

Generally not liking the movements and the way in which bitcoin is trading. A strong weekly close above 42,000 area would bring the 45,000 area in target where i believe a monthly close above this area is needed for strong continuation. Otherwise i would say we are bearish with Resistance and support levels noted below. R2 = 44839 R1 = 41486 R1 = 39107 S1 =...

Exocet03

Although short term i anticipate that price action falls with Gold/USD struggling with the $1950-$2000 area. Profile damage i believe will not be long lasting. Cup and Handle pattern in play with a continuation breakout of 56.77. I have used Fib retracement levels from the base of Cup to current pull back levels to gauge depth of handle (RSI similarly down-ticking...

Exocet03

Daily Ethusd requires some rocket fuel to reverse into a positive position again. Current set-up is bearish on daily chart. A close below 2300 suggests further downside. An inverted pennant is drawn which would suggest a bear market floor of 392. Off course this this would be invalidated IF. A daily candle closes outside upper boundary of Pennant. Reversals may...