TheTradingDistrict

TheTradingDistrict

INTC is currently holding above 55.75 where it formed a support. If price continues up, we can expect price to retest the highs of 59's. If price breaks below, we could be headed back to our key level support of 53's

TheTradingDistrict

We will be waiting for price to break above or below our range outlined in blue. If price breaks above, we can expect price to push to 0.92315's. If price breaks below, we can expect price to fall to 0.8900

TheTradingDistrict

Price is currently retesting a monthly/weekly support zone that is now turned resistance. Price has printed a rising wedge pattern which may indicate a breakout to the downside. We are waiting for price to break the trendline.

TheTradingDistrict

Gold is back under the 1464.00's resistance and now forming a descending triangle on the lower time frames. We could see price retesting the H4 resistance or price may move lower back to the 1452.00's (H4 support)

TheTradingDistrict Updated 

Last week we had a massive push to the downside breaking the trend line support. We may have a pullback/retest to 56.25's before we make a further push to the downside. If price indicates sell confirmation at retest, we will be entering short positions.

TheTradingDistrict Updated 

Price finally broke out of of support. Now waiting for price to retest previous support, now turned resistance. We will be looking for sell position once we have confirmation.

TheTradingDistrict

This is just a potential outlook. We'll be waiting for price to approach resistance #1 If price can break through resistance #1 , we'll enter buy positions to targets at resistance #2 . If price can further break resistance #2 and turn that into new support, there is a good chance that we can see SBUX continuing upwards to its previous highs.

TheTradingDistrict Updated 

Price is currently right at the breakout neckline. We need price to break into the 67.00's before we can look for buys. In addition, price is above our 180 ema on the H4. If price breaks into the 67's, we will be monitoring this area for potential retest for long opportunities. Price may potentially fill the gap to the left. Key resistance levels to keep in...

TheTradingDistrict

Price is forming a rising flag pattern indicating a bearish breakout. We expect price to either (i) break at the lower trend line of the pattern or (ii) continue up and reject from previous resistance before breaking the pattern to the downside. Target will be the base of the flag pattern

TheTradingDistrict

DIS is forming a rising triangle pattern with price hitting resistance of 149.50's If price breaks above , we will be waiting for a potential buy entry on retest with targets to 154.40's . If price breaks below , we will be looking for shorts with targets to 140's .

TheTradingDistrict

Price has met a key level resistance at the 0.99980's zone. In confluence, price has also touched the top of the ascending channel trend line. We will be monitoring price for either a strong rejection or a break above this zone.

TheTradingDistrict Updated 

Price has broken out of our H4 ascending trend line. We will be shorting oil if and only if there is added confirmations to show this is a true breakout. Price is below our 180 ema and resting below the 55.50 resistance. Looking to target 53.70 's

TheTradingDistrict Updated 

Oil this week was ranging between key levels 56.25's to mid 57's. Price finally broke through our key level support of 56.25. We are expecting a retracement/retest back to this level before price may further sell off. Looking for sell positions at our retest zone if price gives confirmation. If price continues to push downwards, we can expect prices to hit...

TheTradingDistrict

Price is currently being held above by the 120.400 key level support . We are looking for sell opportunities in this area only if price breaks below. Also to note, price is in a rising channel pattern. if price does break to the down side, we can expect price to fall to the zones drawn on the chart. TP 1: 119.900s Tp 2: 119.200s

TheTradingDistrict

USD/CHF tapping into key level support multiple times now @ 0.9850's. If price breaks this support, we can enter for a sell position once price pulls back to the same key level area. TP 1: 0.9803 TP 2: 0.9730

TheTradingDistrict

Oil prices finally broke the key level resistance of 54.75's the other day and made a new high at 56.75's. Price is making a retracement back down to our minor support level of 55.40's (zone in green) or perhaps back to our key level resistance, turned support. We will be monitoring this area for a long entry back to 56.75 and above.

TheTradingDistrict

Price just broke out of our inverted head and shoulder neckline. We are expecting price to have a minor retest before rocketing to the upside. We may find our first level of resistance @ ~2.45. We are targeting the upper 2.60's. For entries, we will be waiting on lower time frames for a retest of neckline before going long.

TheTradingDistrict

Price currently broke out @ the 8,6000's resistance zones and now currently retesting our key level support zone @ ~9,400's. We're looking for price to build support at this area again, if not, price may pull back to our previous resistance, now turned support @ ~8,600's. Could we be heading back to the 12,000's?