If it breaks the neck line, looking for a 15% drop.
I placed a trend line connecting the yearly low of the previous two years and another trend line on the previous two years highs. Then I placed a vertical line on this year's timeline. Keeping an eye on where price is currently at near resistnace.
I placed a trend line connecting the previous two monthly candles highs and another one on the lows. Then let them travel in time. Watching 2398 as support.
I first placed a trend line on the swing highs of the previous two years candles. Then another trend line on the previous two years swing lows and let them both travel in time. Then I placed a vertical line on this year's candle and where they intersect.
First I placed a trend line connecting the swing low with another lower swing low. Then placed a vertical line on the swing high in between the two. And where it intersects at, right around the 2406 area. Seeing if it will act as support.
I first connected a trend line with the yearly lower low in 2016 along with the yearly higher low in 2015 and let it travel in time backwards. Then I connected the previous yearly swing high back in 2007 with the yearly high in 2008 and let that travel in time backwards. And where the two intersect at around the 3227 area is what I'm watching.
With the same chart that I posted showing where the next possible resitance could be, I then placed another vertical line on yesterday's high. If price doesn't go higher than yesterday, I am keeping an eye on the 2965 area as the next possible area of support. Where the vertical line instersects with the trend line from the previous swing lows. If price does go...
I first connected the two swing lows and the two swing highs, where the arrows are at, with trend lines. I then placed a vertical line on the swing low that happened afterwards on Oct. 3rd and where it intersects with the trend line of the swing highs, to give me a possible resistance area for the next swing high. And currently price is showing resitance there.
After connecting the two swing highs and the two swing lows with trend lines, and where they meet and when, looking at next month and the 3060 area as key date and price area of interest. If and when price breaks above there, I'll be targeting the 3143 area for next year.
After connecting a trend line off the two swing lows, where the green arrows are at, then placing a time line off the Oct 1st weekly high, and where they intersect, watching the 57.20 area for support.
Where I'm currently watching for support after connecting a trend line with 09feb18 and 02aprl18 lows.
I placed two trend lines, one connecting the past two weeks high candles. And another one connecting the past two weeks low candles. And where they intersect with this week's time line, the 2831 area is where I'm watching for support.
After connecting the previous two quarterly candle's lows and highs with trend lines, and where they intersect with this quarter's time line, I'm watching the 2855 area as support.
I connected one trend line with the previous two quarterly lows and another one connecting the previous two quarterly highs. And where they intersect with this quarter's timeline is where I'll be eyeing for the final three months of the year @ the 1.1070 area.
After placing a trend line connecting the previous two months lows and another one connecting the previous two months highs and where they intersect with this month's time line, the 1.1668 area is where I'm watching as resistance.
I placed a trend line on the previous two years candle lows and another one on the previous two years highs. And where they intersect with this year's time line. The 1.7728 area showing resistance.
After finding the channel, I placed a blue dotted line on the swing high and where it intersects with the lower channel, I placed a horizontal line to find support. Then I did the same thing to this week's swing low, and where it intersects with the upper channel, to find resistance. I'll be waiting to see where next week opens at before deciding to buy.
I placed one trend line off the previous two monthly lows and another trend line off the preivous two monthly highs. Then I placed a vertical line off this month's time line. And where they intersect at is my area of interest for support and resistance. The 2910 area is where I'll be watching. Also included is a 314EMA. Why 314? What is Pie? 3.141592653. ...