Weekly closed above range but daily struggles to close above weekly. chance of using local low liquidity is increasing unless daily closes above previous weekly high. Consolidation for now is perceivable. #btc
Monthly closed and both sell and buy volume have been shrinking. This could be a scenario if current resistance is broken and a weekly closes above it. Other wise new lows again should be expected. The longer the prediction, the less accurate it will be. #btc
<No reason to over-trade consolidations>. A canvas of (approximate) big stops and bids. Red signifies the Stops and brown is the bids. Higher probability of reversal here to new lows. Resistance is on the tougher side to break. Stocks are to follow the footsteps. #WTIUSD#USOIL
#usoil bounces on first monthly string. Two nearby strings::: and red lines are Stop losses for retail. reds need not to be tested for short recovery to monthly resistance. consolidation for now. Excellent RR in the making.
#usoil broke previous range and bounced on daily string, printing the first reversal candle for the range. Currently lacks volume to support price, and daily close was just under monthly. further ranging needed. daily neutral, weekly neutral, monthly bearish. #WTI
Gold & Silver have both closed reversal monthly candles, with gold taking the lead. Silver is setting up a great macro reversal form but need to wait until next monthly close to confirm. Daily overbought, weekly neutral, monthly bullish.
#APPL fails to break monthly resistance and closes below support. I failed to place a weekly string, giving false signal to price action. No sign of reversal yet. #Apple#stock#TA
#twtr rebounds at monthly string but volume is on the decline, demonstrating lack of price support. Due to the tight range, there is incentive on both sides however local low has a higher incentive to risk ratio. Daily neutral, weekly bearish, monthly bearish.
#twtr hunts above $36 liquidity and is headed to liquidity just under monthly range at $31. Continuation present with weekly as a ultimate target. After, there needs to be a week of consolidation to increase probability of macro leg up. #twitter#stock#TA
#AMZN failed to close a daily above monthly, and LTF was on bears side. Continuation pattern not confirmed yet, tho monthly at 1447 would be the next possible target. #amazon#stock#stockstowatch#TA
#AMZN sitting on monthly support with weekly strings under price. A reversal at these levels would not be surprising for a relief rally later this week as #FAANG holds onto threads of bullishness. #stockstowatch#amazon
#AMZN rebounds on monthly string with hourly price pattern showcasing rebound as a higher probability (less incentive to break below monthly atm). A fairly decent setup forming for bulls with monthly resistance as minimum target. #amazon#Trading#TA
A macro view of #NFLX presents a rather aggressive bullish pattern that needs a bit more consolidation before playing out. With targets as high as weekly and monthly strings at $316 & $337. Micro neutral. Violation of $250 would counter pattern and reverse trend. #Netflix#TA
#DJI finalizes its step-down pattern with weekly string tested as a solid support. Tho short recovery was not strong and micro ranging before a second leg up is perceivable. #DowJones#equities#TA
#DJI continuation still present with monthly and daily tested. Rejection was weak and enough incentive present to break local low and properly test weekly 23825$. weekly neutral, Daily neutral, and hourly bearish. #DowJones#TA