motleifaul

motleifaul

The current levelhas been serving as support and resistance multiple times beginning May 2023. As we had our peak in November and lost over 40 % since then we may now build a bottom here and start recovering. However it is not excluded yet that we may test the quadrupel bottom which we have tested since September 2022 again. In this case we may be stopped out and...

motleifaul

With the highs of February and March 2020 and the May close of the same year we'd got a temporary high that may become a support now. This has been tested already in the past November and in January this year. Now we are testing it a third time. If not broken this month we may have seen a firm bottom now. The corrective potential is immense.

motleifaul

The outbreak on Wednesday sems to have been a false one. After the inside small candle yesterday this is confirmed by a Hanging Man today an a falling ADX.

motleifaul Updated 

Today we've got an outbreak and the momentumis still growing. Continued rise may be expected.

motleifaul

Almost 22% in 1 rush in 1 week is a lot. The window is wide open. Wether we may close it is in the stars. But an attemptto do so may be well expected.

motleifaul

It is due to the window that has opened yesterday. It shall get closed unless the market will get a cold.

motleifaul Updated 

And the momentum is vaining. A correction of the rise since mid January may be expected. The more that there is an unclosed open window since 13th-14th January as well.

motleifaul

META is running since August without a major correction. It is time to, isn't it? If this week will end tomorrow without a new high and perhaps the star will remain to shine we may see even a major downward correction.

motleifaul Updated 

We have done the correction of the rise since August. But this shall not mean a renewal uf the rise. Instead we have to look at the weekly chart to see that we have just corrected this retracement as well. Thus I assume that we are still within a longer downward correction that begun in December and has still sufficient space to fill on the downside.

motleifaul Updated 

The drop was substantial today. Very often they are exaggerated and will correct. The cloud is still rising. Mind that the present level where we seem to halt had been a critical one already almost exactly 1 year ago.

motleifaul Updated 

This is related to the previous short 2 days ago. The position has been just closed but I realize that the momentumis still given. Thus I am renewing the short position and wonder wether the correction of the October- December rise may even further continue.

motleifaul Updated 

My idea dd January 24th is still valid. Nothing has changed so far. Thus I had taken the profit yesterday and now I am using today's rise to sell again waiting for the downward correction of the rise since October.

motleifaul Updated 

There is really not much to say. The price has run to fast today to get bthrough without any profit taking. We don't have much price history and an see 3 waves only. But we see that we have fulfilled each Fibonacci extension so far. Each such rise has been followed by a correction. It may be same now.

motleifaul Updated 

We have reached the bottom of September and October again now. It had been broken at the end of September but was fulminantly confirmed wid a long spike and a window afterwards. ThusI expect it to hold now again.

motleifaul Updated 

It looks that we are building a bottom after the broad spike 2-3 days ago. There is big volatility as the market is not yet aware whether the fallis over already. The more it is option expiration day today. Thus today is decisive whether we are able to close the spike which would be healthy. I think that we we settle down today to open higher on Monday when the...

motleifaul Updated 

We may get an Engulfing pattern this month. The downward correction of the spike since August has been done. And we are holding well above the MA. May be that it is time for another and this time bigger corrective wave up to test the downtrend prevailing since 2021.

motleifaul Updated 

Since October 2023 we have risen without a major correction. it's time now. As the trend is still intact I don't see a correction of this whole way up now. But an attempt to correct, i.e. short term profit taking shall be possible at least. The ADX is turning Southand the first red candle is going to built which may result in a star in the weekly chart. I repeat:...

motleifaul

The extended split that the market has done 2-3 days ago has not yet been digested. The window has to be closed. When it becomes cold and you sit in a split ypo will get cramps definitely. I mean it would be healthy for the market to correct the steep fall and to close the window. Today will be decisive to learn whether the market is ready to build a bottom here....