USDKRW support bounce USDKRW is breaking above the long-term consolidation 1250 resistance level. This break should be confirmed by a continuation above 1275. The support is 1250 for this upside continuation and so far we have a bounce off this level. Note: look for the long trade entries upon […]
USDKRW upside continuation? Read More »
NIFTY is testing the descending triangle resistance NIFTY is testing again 15370. A break below this level would lead to an extreme downside extension and a complete uptrend reversal. A break above 16700 is required to invalidate the downside reversal. Price action is getting squeezed and the breakout is
NIFTY is getting ready for a breakout Read More »
DAX rejected from 14100 A consolidation swing from 12200 to 15000 is coming to an end. Rejection from the 14100 falling trend line leads to a break below the recent short-term rising wedge line and an extension lower to a key 13500 downside resistance. Look ahead for the challenging
DAX rejected from the falling trend line again Read More »
FTSE testing 7500 again FTSE seems to be making a complex double top correction. It is retesting a broken rising wedge resistance 7500. A rejection here could lead to a complete downside reversal to 6800, a possible double top neckline. Note: look for the short trade entries with the
FTSE completing the wedge breakout retest Read More »
TSLA is breaking below the critical 800 level TSLA is breaking below the critical 800 downside resistance level. This downside breakout leads the stock into a complete swing downside reversal with 500 as the first target. We need to see a break above 800 again to invalidate this downside
TSLA long-term resistance breakout Read More »
