FabianB049

FabianB049

upward channel, proceed with caution as its above all SMA best position as ultimately should break off down to the down side

FabianB049

at a key level of support, will look for a long entry and set up sl to nearest support

FabianB049

Breakout imminent. looking to go short after the rising wedge breakout

FabianB049

Double bottom formed, entry on the pull back before firing

FabianB049

will play a short position if it reaches the resistance again. bearsih divergence in play too

FabianB049

Breakout waiting for a pull back to hit then let it run,

FabianB049

valid only of there is a clear breakout, above the 100SMA and forming a strong resistance on the downward trend

FabianB049

Break out happened, looking to the downside Rising Wedge occured

FabianB049

divergence forming, look for a break out below or DCA

FabianB049

broken above 100 and 200ma exhausted and needs to pull back 50% fib would be ideal

FabianB049

Broken support, but in key fib zone, looking for it to hold.

FabianB049

Rejecting off 3rd wave retracting back to 4th before going long to complete at 5

FabianB049

Broken daily R1, needs to find support (or pullback) then run 25900-2600 target

FabianB049

Factors 1. Rejecting/overbought on the daily charts 2. Breakout then fake out on hr 3. Closed below 50ma on hr 4. Fib retracement 50 & 61.8 achieved on hr

FabianB049

Testing that FIB, breakout needed, 50/50 here could go either way, I’ll bet on long

FabianB049

Fib rejection, falling wedge continues, below key MA

FabianB049

Influencing factors 1. Area of confluence 2. Possible breakout 3. Room to run until next resistance

FabianB049

Influencing factors 1. Break out 2. Bearish divergence 3. Over bought areas 4. Meeting Long term trendline Broken daily resistance, set up under it as it breaks back down