KevinT

KevinT

LT support

KevinT

Correction started.

KevinT

Closing fish mouth heh heh heh

KevinT

.

KevinT

Highly OS and positive divergence Didn't break the previous low.

KevinT

wait for confirmation SHS If break below todays low, then SHS confirmed.

KevinT

Spinning top Fisher crossing Negative divergence of RSI and Fisher Crossing of Stochs Enough ingredients to halt the bull?

KevinT

For the very short term, I'm bullish as a result of the Hammer candle. This is confirmed by the upturning RSI and Stochs. Let see if approx 1.28727 will hold.

KevinT

After a triple failure to break above failed. May retreat back to support = previous resistance. Fisher negative. RSI negative. Wait for breakout below 1.275 for confirmation further downtrend.

KevinT

Technically speaking, as a bearish hamri has formed, a down trend will follow.

KevinT

Need a little rest and then On the way down to the next Fibo.

KevinT

I see similarities with a previous period: -Same candle formations -Same RSI movement -Same Stoch movements -Same Fisher resistance So one more up on Monday (as a copy of the ourple candle) and then a small retreat?

KevinT

Zooing into 1h chart, I prefer short term short as Fisher is turning and RSI heavily OB.

KevinT

First channel broke. Second channel at resistance. But the indicators still have full momentum..... RSI in OB area. I'll be reluctant to enter any new long position.

KevinT

For the very short term trading

KevinT

The Angry Arnold SHS formation.

KevinT

.....the more severe the pull back.

KevinT

2 times before this patern happened: Top formation - fast pull back - rapid pull up - bull gap - more bull. Now we had a top - fast pul back - rapid up and a bull gap......If history repeats = more bull power. I'll wait till close of the market and see if a pull back will take place. Written on 3 May.