jtefel

jtefel

H&S forming

jtefel

Wait and see

jtefel

Top of rising channel. Wait for pullback, then buy

jtefel

Price failed to break descending TL channel and also holding 88.6 fib. If it breaks .7160 support I think it will drop to .7160 area, previous resistance/now support.

jtefel

Wait and see until wedge breaks

jtefel

Held rising TL on daily for a 3rd time; held 38.2 fib; broke from consolidation. Also, held RSI support level since Oct. 2016. Going up

jtefel

If downward structure holds on the Daily and 4H this will continue lower. There is also a H&F formation. Price is at neckline right now. Looking to short after break and restest of 1h structure around 78.46

jtefel

H&S formation. I expect price to drop back to the rising channel TL. It will also depend on what DXY will do

jtefel

Also, look at gold to see where UJ moves next.

jtefel

Gold failed to break above previous daily rising TL. I think Gold will move lower and test the daily rising trendline since November. Aftwerwards, I expect gold to conitnue rising and break above $1310. Right now it is in a consolidation phase.