We made a lower low and now we are going for a retest go make a move lower again.
It is doing a retest on the trendline. We should watch the price action at this zone and see if its going to move lower.
We came to the resistance zone that is in line with the fib lvl. We should see a nice move down to continue the downtrend.
we got a breakdown and a retest on the resistance zone and we should go back lower.
For now this is moving sideways and we are waiting for a breakout.
After the retest on the support zone we should go up and make a higher high.
After a nice move up amazon came to the resistance line. Where can we see support here?
NOW made big moves upside months ago. But now we are seeing that is it losing strenght to keep going up. After a break down it tested the resistance and it seems that it will keep going lower.
If gold can follow this pattern than we should see a move up and break the resistance.
We broke downside and made a new low. Now we are going for a retest before we are going lower.
We are ready to make a new move down. As long we dont break the resistance line this will be a good sell signal.
Are we ready for a correction? We broke down and now we should keep going down as long the candle dont close above the highest candle this is a good setup for a big move down.
Microstrategy did a breakout off this triangle and now he is doing a retest on the trendline. On de daily timeframe we dont want to see the candle close below the trendline. If we hold the trendline than this a good buy moment
The s&p is still moving down. As long we cant break the trandline we go further down. We need a candle breakout above the trendline to change the trend.
Bitcoin did a little rally in to the resistance area. Should we go back down or can we break this resistance? We will see if the weekly candle can close above the resistance or not.
In this uncertainty environment gold should move higher. The question here... is gold already bottomed out? On the weekly timeframe there is support around 1850. If the 1850 breaks than the next support can be found around 1760. The GDX is testing the trendline now. If gold move lower than the next support zone for the GDX is around 29. These are good buying...
Silver has resistance zone rond 29-30 and support zone 21-22. Silver is moving now into the support zone. We have to watch what silver is doing here. Can silver hold the support or break it? The RSI is not yet in an oversold zone so it looks very interesting when we move lower than 30 on the RSI.