RHedge

RHedge

HNST could drive higher from a supporting line.

RHedge

RBLX could rebound from 0.6 Fibo Retracement supported by hypothetical rising channel.

RHedge

After bouncing back from the pre-pandemic resistance and touching the channel's resistance since 2008 Brent seems like forming a head & shoulders pattern.

RHedge

EURUSD after breaking a rising wedge is sliding in a descending channel. After bounce to previous support at 1.1838 that could become a resistance the next stop is at 1.1617.

RHedge

On a daily time frame Nasdaq is on the way of a likely breaking of the 0.2 Fibo long-term channel's support line since 2009. Afterwards comes a reversal support-resistance line at around 12250 and in case of breaking it the index could reach the 0.38 Fibo long-term channel's support at around 11,800. On a weekly time frame the previous historical high looks like...

RHedge

On a daily time frame BTC broke the rising wedge's support after bouncing back from 0.6 Fibo long-term channel's resistance and after failure to reach the wedge's resistance. Could fall to 0.5 Fibo support or in case of a further downward pressure to 0.38 FIbo channel's support.

RHedge

On a daily time frame S&P 500 is aimed to a support line of an ascending broadening wedge. The index could bounce from the support and form head & shoulders with subsequent wedge down breakout.

RHedge

Brent approached a pre-pandemic resistance and about to touch a resistance since 2008 high. Subsequently, could oscillate in a 0.2-0.3 descending Fibo range for an extended period of time.

RHedge

USDRUB is likely to form a triangle pattern that could break in both directions. As the longer term trend is bullish the longs are more preferable.

RHedge

S&P 500 could continue climbing in case of rebound from the broken channel resistance.

RHedge

USDRUB stuck by support, resistance and trend lines forming a falling wedge that is the trend continuation pattern.

RHedge

In the current circumstances SPX could correct to 0.6 support line of Fibo Channel outlined since the 2009 dip or even fall lower in case of 0.6 support breakdown.

RHedge

After possible breakout of a bullish flag pattern gold can break previous local high at $2100 (0.5 Fibo extension) and reach 0.6, 0.7 or 1 Fibo extensions.

RHedge

Log scale is a better visualization of a possible downturn. Shorts are preferable at a neckline breakout on large volume.

RHedge

Tesla's log scale chart could outline a potential stop of a stellar growth at Fibo Extension of 4.236 ($738), means 4.236x times of previous growth swing, followed by round $800 and numeric Fibo Extension resistances at 4, 4.272, 4.414.

RHedge

Probable take profit and short in case of a reversal at point D.

RHedge

BTC could form a triangle pattern with further up or down breakout. Long position in case of going up is more preferable as trend continues. Short in case of breaking down is more cautious as reversal attempts will be taken.

RHedge

Former late 2018 support at round $50 per barrel depresses current uptrend and could become a resistance forming a rising wedge pattern that lead to falling prices.