I will trade this MEGA Bull Flag that started at the beginning of 2018 which is gonna fly us all to break the basing pattern which we are been the last been and break the famous 1375 2016 Top.
Weekly Stochastics are in a Buy Zone but we may have to face a quick drop to 1277 (100WMA). Who knows ?!?. Now the price is just at the bottom of the Bull Flag and also at the bottom of the Bearish Downtrend Channel that started on April of 2018. Also we are on the Fibo extension of 127.20%. We might break the Ichimoku cloud right through on early June. Cross fingers !
If you are an aggressive trader you may want to jump in but if you are patient WE STILL NEED CONFIRMATION of the ICL bottom. Check for:
- Swing Low
- Break of Downtrend
- Close above 10DMA
If you measure the pole from December 2017 to the top of January 2018, we might get to 1415 around August of its powerful enough we might go above that price running until September where the next ICL should be around the corner.
This definitely will be the Trade of the Year.
Also we start looking to some Divergences on US Dollar / Eur-Usd which looks like quite connected recently.
Trade Safe !
Weekly Stochastics are in a Buy Zone but we may have to face a quick drop to 1277 (100WMA). Who knows ?!?. Now the price is just at the bottom of the Bull Flag and also at the bottom of the Bearish Downtrend Channel that started on April of 2018. Also we are on the Fibo extension of 127.20%. We might break the Ichimoku cloud right through on early June. Cross fingers !
If you are an aggressive trader you may want to jump in but if you are patient WE STILL NEED CONFIRMATION of the ICL bottom. Check for:
- Swing Low
- Break of Downtrend
- Close above 10DMA
If you measure the pole from December 2017 to the top of January 2018, we might get to 1415 around August of its powerful enough we might go above that price running until September where the next ICL should be around the corner.
This definitely will be the Trade of the Year.
Also we start looking to some Divergences on US Dollar / Eur-Usd which looks like quite connected recently.
Trade Safe !
Comment:
EURUSD reversal looks promising
Comment:
The party could be starting here ... USDollar starting to use earlier supports as Resistance
Lets see how the day closes! Very important today
Comment:
Gold finishing Right shoulder
Comment:
The Bull Flag was not successfull because the banksters wanted the price much lower. We are at the main trendlin bouncing out of the falling wedge.
Now, let's create a new UP channel but be careful next 'cause we've got 4th July and NFP on Friday. After the last scare we should go up with impetus.
ALL indicators are extremely oversold and reversing.
Now, let's create a new UP channel but be careful next 'cause we've got 4th July and NFP on Friday. After the last scare we should go up with impetus.
ALL indicators are extremely oversold and reversing.
