Kayuae

Kayuae

We can correct to low 13 and if market structure did not help then we drop to 13.60s which can have best entry for next leg up. This AUG ATR around One dirham and if we manage to print 12.60 as low we can still visit the high of JULY

Kayuae

Pls check the monthly CHART shows us a Moring Start that is a power full indication of a trend reversal on the way since its a MONTHY chart. The lower time frames are also aligned with this market structure change and PRICE action is shown higher highs and higher lows in progress.

Kayuae

FAB done its accumulation stage what is NEXT ??? If we close above 12.75 then we got a full Dirham to almost 13.80 will be the next target

Kayuae

We need a clear close above 16.30 for immediate target to high 16 then back to test the support and fly to 18 ..

Kayuae

Weekly Update FSR 7.08 We have closed at the exact same open of last week (7.08). We managed to close above 7 even we had a quick spike to 6.73, Bulls were very aggressive to take it back and close the week above 7. What we expect next week! FSR still above the blue support line and never closed below it. Even any drop in the price was short lived and Bulls...

Kayuae

Weekly updates FSR 7.27 We started the week 7.08 and dropped to make a low of 6.60. We mentioned last week we could drop and come back fast above 7 for a weekly close, This is positive. What we expect next week!! I have used the monthly chart this time since the year is over, just to show you how FSR was moving in a similar pattern the full year. From JAN22 till...

Kayuae

We are in this rectangle formation since NOV, can we decide now to break either way... Next week should give us the clue which direction we are reading and where we could drop to

Kayuae

Next week we have CPI and FOMC meeting to decide which direction we should be going. 8.30 or 7 would be critical numbers in the game

Kayuae

Could be a bull Flag formation and we are in the preparation of a new up trend after the test

Kayuae

Weekly Updates In summary we got rejected from 7.50s as we mentioned last week. Bears were in control and kept strong pressure on the price and made Fisker to trade in very low range around 7.30s. What we expect next week We are just on the edge of the Support (red line). Plus we are getting rejected every time we try to close above 7.30 zone... Its been a...

Kayuae

The 20 weeks cycle as per Fisker History .. are we heading for new ATL or we break the down trend line and reach to $10

Kayuae

Weekly Updates (7.63) last week started with 7.40, We mentioned in our last updates FSR MUST close above 7.90s to gain momentum. regretfully, it only touched 7.93 and bears pushed it back to 7.30s which gave them more momentum to hunt stops below 7 and bulls loaded the boat again around 7 (highest volume) to close the week at 7.63. What we expect next...

Kayuae

We can see Fisker just closed above the downtrend and can FSR hold this gain and proceed to our long waited target $10 in coming weeks

Kayuae

Can we have this zone as accumulation. We could see side ways after we get in this new channel

Kayuae

Can we stay above this GREEN line and keep the momentum high for the BULLs

Kayuae

As we have noticed that Fisker had a chance to move higher once the Double bottom formation is completed. Regretfully it failed and we dropped back in the box and could not maintain the close above the neck line. We need again to get out from this boring range of $2 and try to test 8.50s zone again.

Kayuae

Weekly Updates (FSR 7.48) FSR Started the bull wave from 6.40s to 8.85 and once it get got rejected we started the correction till the green zone 61.8%. Fortunately we found some bulls at 7.30 I mentioned in my last updates and bulls managed to close above this fib line. What we expect next week. As per TA we require another close above 7.30s to add more BULL...

Kayuae

We shall check this week if gold can stay above FIB .38 and gain some support if not then another leg down .... 1820s good starting points to go short that could have some res on the trend line on top