A bullish bat pattern has form. This could bring price up one more time before a big down move? My previous 2618 post trade is no longer valid. Let see!
This is not a cry to long VIX by any means, but it seems we are off the lows having had the lowest implied volatility in the first quarter of 2017 EVER recorded. Realized volatility was the lowest in 40 years. What is does tell us though is that the rally is fading, uncertainty growing, and the key level to watch is the fresh low set by the S&P500 week before last.
Oil looks to be forming a wedge shape on the daily chart, which looks to indicate that USOIL will go up towards 55, before shooting back down to around 43. Looking away from the chart, the macro outlook here is uncertain. There are some concerns around the supply in the market, and a lack of buy-in from non-OPEC countries in terms of a deal.
Set a sell stop. (with the exact TP and SL ) and wait. This is just my view on the market. Not a Financial advise. Make your own analyse and feel free to give your opinion.
There are a few buy setups. I am looking for this pair to retest the high before a move down. Therefore I will be trailing my stops instead of taking traditional targets.
after doubletop and breakdown i now placed 2 sell orders at the 0.618 retracement. both have stoploss 10 pips above the doubletop. one has take profit at the "0" (86.70 something) and the other at 86.40. all this is high risk because we are in a correction after an impulse up but with the orders you can have everything automated. after the first target is hit...
My previous count had the EUR USD about to complete the 5th wave of an Ending Diagonal with a new high made at 1.08298, followed by a 5 wave impulse to the short side signifying a trend change. This is supported by the same pattern seen on USDCHF and DXY which are both correlating pairs to the EURUSD, so I expect the USD bull to return at least till the end of...
There is possible gartley pattern on the 30min chart, if it's complete we will open 2 positions, Tp1: 38.2% Tp2: 61.8% If it hits the first target we move the stoploss to breakeven!
Wait For Bullish Reversal Candle h4 Tp1 Fib 0.325 AD Tp2 Fib 0.618 AD
Update on previous idea, made some pips off the sell setup, showed bearish action but broke up! Watching for this buy set up! :D
hello guys, We are on 240 chart, in a corrective wave i am waiting for the completion of wave (B) in blue , there might be a good chance to go short, target is 115.200 Note : Its not an advice to trade its only a suggestion , Please if you agree or disagree hit like or leave a comment , Good luck all
In a few days EURUSD is goins sideways in a nice range between (approx.) 1.05622 and 1.06700. I expect a bounce from resistance around this time. This trade has a very good RRR - more than 1:9. TP and SL as on chart. Although I have entered the trade too soon, I still believe I can cash out a nice profit in short time. Fundamentals: watch out for NFP tomorrow,...
Google shares will continue to fall this week. So I see that the price will fall to levels of 740-745, in a first stage. Later, broken the support of that area I think it can fall between the prices of 720 and 725. After a readjustment that will take the price to 745-750 again, Google will drop to 680 dlls per share. I hope you find it useful.
12:00 UTC Expect the movement setup for reversal --> LK Validation (triangle) 00:00 UTC --> If we get the journey up, expecting it to move to 1.42721. GAP FILL --> 1.42412 to 1.42721 the gap should be filled and looking at till 8:00 UTC Next Drop --> Looking at around 8:00 UTC (NYC Opening) for validation and 1.42665 is the LK down for validation.
We may have an AB=CD completion, near the lows of 2016 and a 161,8 Fib extension. RSI oversold and divergence. Like if you agree, Follow and support please :)
A nice bull flag is breaking up and should bring BTC price to about $620