YoungWealth_RichWorld_Primecap

YoungWealth_RichWorld_Primecap

FAILED TO CREATE A NEW LOWER LOW, BROKER TRENDLINE WE SHOULD BE LOOKING FOR BUY OPPORTUNITIES

YoungWealth_RichWorld_Primecap

OVERALL UPTREND AND WE HAD AN IMPULSIVE MOVE UPWARDS AND NOW MARKET IS DONE WITH CORRECTION PHASE WITH DOUBLE BOTTOM. WE WILL WAIT FOR CONIFIRMATION BEFORE ENTERING

YoungWealth_RichWorld_Primecap

WAITING FOR BREAKOUT FROM EITHER DIRECTION

YoungWealth_RichWorld_Primecap

SUPPORT BROKE, WE EXPECTING A RETEST ON THE BROKEN SUPPORT TO FORM A 3RD TOUCH ON THE TRENDLINE BEFORE SHOOTING DOWN. VISIT OUR WEBSITE nasdaqeliteinvestors.com for more information.

YoungWealth_RichWorld_Primecap

END OF DOWNTREND AND NEW TREND BEGINNING WITH BREAKOUT OF TRENDLINE AND RESISTANCE.

YoungWealth_RichWorld_Primecap

INVERSE HEAD AND SHOULDER FORMATION

YoungWealth_RichWorld_Primecap

MOMENTUM IS BEARISH

YoungWealth_RichWorld_Primecap

Well be looking for long entry positions

YoungWealth_RichWorld_Primecap

EXPECTING CORRECTION TO TEST THE BROKEN SUPPORT BEFORE SHOOTING DOWN

YoungWealth_RichWorld_Primecap

HAS REACHED WEEKLY HIGH RESISTANCE, WE ARE LOOKING TO SWING IT ALL THE WAY DOWN. ANYONE SEES SOMETHING DIFFERENT?

YoungWealth_RichWorld_Primecap

FALLING WEDGE, WAIT FOR BREAKOUT AND RETEST

YoungWealth_RichWorld_Primecap

WAITING FOR THE PULLBACK AND CANDLESTICK PATTERN CONFIRMATION

YoungWealth_RichWorld_Primecap

NECKLINE BROKEN, WAITING FOR RETEST BEFORE EXECUTING

YoungWealth_RichWorld_Primecap

EXPECTING A MINOR PULLBACK TO TEST SUPPORT BEFORE DROPPING

YoungWealth_RichWorld_Primecap

WE'LL SELL UPON BREAKOUT AND RETEST OF TRENDLINE

YoungWealth_RichWorld_Primecap

H1 SHOWS A INVERSE HEAD AND SHOULDER PATTERN SO WE SHOULD EXPECT A MOVE TO THE UPSIDE

YoungWealth_RichWorld_Primecap

As we can see price action has been bearish. Price closed on Major support/resistance. We are awaiting the breakout before jumping in