EURUSD This swing trade on the short side from 1.1893 kiss on the parallel is going well, so far. A neat pattern here, with a head and shoulders at the very top with an exact 200 pip downside target at 1.169 (met) and then a much larger, and more threatening head and shoulders forming over the following weeks with a downside of 420 pips from the neckline down...
Trendline broke and almost used as resistance, potentionaly going to drop a little bit more and then go up.
With fib retracement and trend lines, it becomes pretty obvious that dgb is a good buy atm. Fighting with the resistance around 1300. My belief is that we can expect a quick rise to around 0.618 retracement at around 1600. If DGB breaches the 1600 level, it has the potential of rallying all the way to 2600. My prediction: The carefull guy: Buy 1300 sat, sell...
USOIL: WTI - still moving ahead in front of Opec meeting tomorrow - suggest staying long up to just before the meeting and seeing where WTI is lying at that point, looking to close down into final spurt of strength if we see it and then getting set for a short if the oppoertunity presents itself as per comment
BITCOIN: BTCUSD Still positive whilst tracking within the parallels. Raise long stops as per comment
Risky sell nifty APR FUT around 9175 sl 9190 target 9160 target2 9145 We are not Registered with SEBI, Under RA Regulations. All Calls/Views posted here are for an Educational Purpose Only. Do your Own Analysis
We think market is going o spike and then way back to normal range 2221-2243 go short stop@2264 tgt later
Keep away from sidewalks under windows. MACD: RSI: Will the monster eat you too?
ANOTHER POST TO SUPPORT MY PREVIOUS BIAS ON GBPUSD AND THIS BREXIT AND HOW ITS PAINTING THE PICTURE BEFOREHAND GBPUSD LOOKING SET TO MAKE LOWER LOWS AND ULTIMATELY SHOOT ENGLAND IN TO A RECESSION A-B-C-D STRUCTURE PRICE HOLDING FIRM BELOW 1.4710 WITH WEAKNESS AND MACD DIVERGENCE 1.35000 WILL BE THE FIRST TARGET
My overall thought is bearish based on what i see at the moment but im sure when time unravels a few more candlestick my views may change