smaller time frames have crossed over, next resistances level to take out is $1260 details on chart
The AD, Macd, and share price all hit the bottom level of the 4hr chart. The AD has not completely broken down below the 50% fib level. I'm looking for a bounce back to the .382% fib level in oil prices in the near future.
15min view of the Ad chart. I spotted an Inverse Head & Shoulders pattern over a 6hr period from 3am-9am on 5/3/17. For this flag pattern to start and be true, I need to see the AD breakout of the Apex triangle and up through (P) Pivot Point. On watch . Disclosure I've been stalking $46.75 oil level and been scaling in on UWT dips
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I have trendlines at 1259, 1220, 1205, and have 1180-188 area for retrace to the .382% fib level short unless something significant geopolitical event transpires which is not difficult to do in this current environment
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still long silver via $slv adding on dips. The 4hr pin bar formed right at the 50% fib level and support line. AS previous resistances is attempting to act as support.
AD needs to break up through the 50% fib & .618% fib level i'm not holding into report.
potential bullish ema cross over on 1hr (disclosure) long stock & options
looking for natty to retest this morning high and take it out to a target of $3.253 detail on chart
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bulls have to defend the .382% fib level into the close , I moved my stop $0.02 under the .382% fib level just incase MM stop hunts
If Natty manages to get over $3.301 It could confirm trend breakout. It would also confirm a Inverse head and shoulders pattern on the Daily chart. A lot of if, but, and maybe's I know. Just me forecasting
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stalking $chk w/ a 1/4 entry position. I'm looking for a retest of the weekly trendline w/ a stop at $5.53.. There is a possible bullish abc pattern. details on chart