darshan1992

darshan1992 Nov 22, 2022

Not too sure about this one, but the QQQ just failed a bullish breakout on the daily time frame. It is also a triple test of the resistance line. Expecting it to head back down to retest the lows.

darshan1992 May 26, 2022

Break of channel is usually followed by a new low in the price action trading world. Expect a reversal here in the next few days. The bar is also up against the EMA which can add to the chances of a reversal.

darshan1992 May 16, 2022

Looks like the ES in a downward channel . There is a good chance it will bounce to the top of the channel and turn back down. The top of the channel could coincidently be a lot more than just one factor causing a reversal. Top of channel 21 EMA 0.382 Fibonacci level Old support turning to resistance

darshan1992 Dec 26, 2021

Bitcoin is heading lower temporarily in my opinion. It just broke out of the upward channel on the 4 hour time frame. Tried to bounce off the lower channel line but failed with a double top and turned back around downwards RSI is at 50 Close to 50 EMA Definitely need to watch this one

darshan1992 Dec 24, 2021

Possible downward channel on TSLA. I think it will shoot up to $1100 mark and turn back around. RSI is only at 55. So we have another day or two before it reverses. After it reverses at the top, it'll probably be in a downtrend till earnings and then look to break out of the channel then.