If price pullback, it might retest 1.618 fibo level. (seems like Support become resistant) Price then hopefully go to 107.75 for take profit 1. or hold until 106.50 for TP2. It is just my opinion.
Price was rejected twice by the 50 Ema Position of the TDI and EMAs telling us to go short Big reaction point @ 1.04016
Fix above 80 ascent to specified numbers otherwise descend to lower numbers Citigroup Stocks. New York Stock Exchange 4 hour time
Here is a possible breakout retest scenario I am looking out for. It might not happen, but if it does, then I am prepared.
Since signal was given DOCK was swinging within the same trade range between ~104 and ~127. Last bounce was from 113 minor support, so we may expect it to test 121 resistance and, if succeed, grow to the top of that channel at 127-128. If that happens, chances for breakout towards 137 increase exponentially.
I think that gold prices may increase slightly. This trade is my view only in the 1 hour period. I usually don't believe in processing less than a week's time bars, but this position can be called to stay a bit in the game. There are risks. So the following parameters can make this trade more risk-free: RISK / REWARD RATIO : 1/3 POSITION SIZE : % 1 STOPLOSS :...
A L O H A Hey every one, staying patient to start the week, haven't place a trade for a week now as am waiting for clearer set ups as we are in an overall corrective market IMHO. There are a few pairs I have on watch but am currently only looking at EURGB S. Weekly - Been in a bearish trend since the second week of august. Strong bear market. D - Major impulse...
OXY could be headed for the little, red boxes. How do I know? It's very simple. So I noticed a pattern of options expiring at resistance or support. The red boxes are options expiration dates. The hypothesis of this experiment is to plot options expiration dates against key support and resistance levels along a predetermined path extrapolated from earlier moves.
In 2018 there was an accuracy within 0.25% ($16) of the measured breakdown of the descending triangle . The calculation equaled $3,145 (-48.2%) with the low arriving at $3,129. Based on the 2019 Daily descending triangle , the measured move of -32% takes the price to $6,410, give or take $16. If this Daily triangle is breached to the upside I will calculate the...
Next 2 potential turns in GOLD: 03/09/2019 - 11/09/2019 Watch the trend between 2 timing points to decide in which direction the market will turn on the next timing
Next 2 potential turns in eurusd index: 03/09/2019 - 13/09/2019 Watch the trend between 2 timing points to decide in which direction the market will turn on the next timing
Hello! DXY is setting up for bearish Wave. Watch top and go for sell. Good Luck :))
Next 2 potential turns in euro index: 03/09/2019 - 13/09/2019 Watch the trend between 2 timing points to decide in which direction the market will turn on the next timing
There's something noticeble on the daily chart: it is possible to observe that the probable first Elliot Wave Cycle of the bull trend is concluding in the form of a bull flag. The abcde are the labels of the price movement regarding to the correction. The price will probably visit the $8500 area before resuming the uptrend, wich will show big green bars on the volume.
Hello Traders, EUR/USD 1.11797 / 1.11676 VS 1.12272 / 1.12758. Looking for ( Blue ) a Break of 1.12272 / 1.12758 VS 1.13098 / 1.13864 Expecting 1 more down move ( Yellow ) to retest 1.11797 / 1.11676.
Hello Traders, WTICO/USD West Texas Oil 58.271 / 58.454 VS 55.639 / 55.229. Expecting A down move ( Green ) Towards 55.639 / 55.229 And looking for momentum to Break through VS 53.072 / 50.935.
Hello Traders, EUR/JPY 120.794 / 120.929 VS 121.241 / 121.259. Expecting A Continuation / Consolidation / Corrective pattern ( Blue ) looking to retest the previous higher low's 120.794 / 120.929 after which we will look for ( Yellow ) The Break of 121.241 / 121.259 VS 122.112 / 122.293.