Natural Gas is asking desperately for a sell call and this is just a part of the corrective structure in ABC pattern, long term prospect remains bullish but people can enjoy the C wave to mint some profit.
AUDUSD on D chart is re-testing the same sell zone. Pending bearish Gartley. A close above yesterday's high will put it within the fork. (Kapital)
1) BULLISH CHANNEL 2) BREAKING MINOR SUPPORT 3) ON A PULL BACK 4) CREATING A NEW LOWER HIGH & More... I would expect price to rally to at least 10624 as we are on a pull back.
on Friday i sell but TP in 15-min chart For a daily chart, it will continue to go down. If it a head and shoulder pattern. it will go down to LOW with 1.0950 and it confluence with fibo projection 1.618 with wave 3 TP But now it stop at the support line of 4H chart so waiting it to confirm because it may go up for reversal.
1) BROKEN A DESCENDING TRIANGLE 2) BREAKING A MINOR SUPPORT 3) ON A HOURLY PULL BACK FROM RESISTANCE & MORE... EXPECTING PRICE TO BREAK AND OPEN BELOW 1.1237.8 BEFORE WE CAN GO FOR A QUICK SHORT. LIKE SHARE AND LEAVE YOUR COMMENTS BELOW.
1) Intraday market direction is short 2) In a Bearish Channel 2) TestIing minor resistance of a 50% pull baack 3) At the beginning of forming a new HL & more.. Expecting price to rally down to around 1.3209
1) Bullish Channel breakout 2) Failed to create an extra HH & LH 2) Within a Mid range consolidation 4) Double top formation on the daily 3) Mid range consolidation Support/ Neckline broken Expecting price to rally down to around 10145
WTI has seen continued resistance on any rallies of the previous weeks. The most recent move to the upside found a cap at the falling trend line, with a solid bear candle following. If we see a move below the EMAs, then this would open the door to the downside, with potential for moves back down into the previous congestion zone around 39$.
EURUSD is preparing for a potential big drop. Sellers found @ : - 1.1250 resistance - 50% fibonacci retracement of prior swing Our entry is based on the 123 psichological pattern. This trade carry good reward - 1:14 risk:reward , will become at least 1:7 risk:reward after we will cover- but we should cover after a little drop for any eventuality. This trade...
AU has been stuck in a consolidation on H1 and lower frames but Long term sell opportunity.... Previous uptrend was broken with friday (26th) close... I have a sell Limit at the blue area but an agressive sell can also be warranted. 1st Target is the conservative 0.75398 area but I will move my stop there and let it run
Sell on a second re-test opens a good short opportunity.
Hi everyone, Here we have a good chance to sell EURGBP, this time more efficient. It forms a divergency and ready to go lower after it takes another high. Looks like all the stars says the same and here are our usual plans: Plan A : So, as far as we can consider it is about to go lower and we can start sell after or during todays trades. As for me it's more...
Added more to my short position for this triple top in $MPC. Long put options. Way overbought. Self explanatory. Have fun.
Everi Holdings Inc. looks pretty good after a down trend and now chances to go higher in accordance with earnings. Nevertheless in the light of technical analysis the chances for down trend are quite high. So, as traders, we need to be ready to both scenarios and there are our usual two plans: Plan A : we need to wait until todays markets close to make the final...
BEARISH GARTLEY PATTERN ON THE USDCHF DAILY CHART. PRICE ACTION RIGHT IN OUR KILL ZONE. DEFINITELY LOOKING TOWARDS THE SHORT SIDE.
HERE, I'M SEEING A BEARISH GARTLEY PATTERN ON THE EURCAD. ALTHOUGH, OUR D LEG HAS OVER EXTENDED, IT HAS RESPECTED PREVIOUS STRUCTURE HIGHS WITH AN RSI DIVERGENCE AS CONFLUENCE FOR MY BIAS TOWARDS THE SHORT SIDE. LET'S SEE HOW THIS PLAYS OUT!