Mavab

Mavab

Based on pattern and fib levels. Fundamentals are getting there. Double top on usd/brl is interesting to say the least. (Brazil is export #1 worldwide regarding coffee) The amount of export is huge but weather and climate change could thrive this thing up real fast. Also, farmers can't accept getting paid less than cost for much longer.

Mavab Updated 

Chart explains the Elliott wave prediction. Short term sell, ultimate tp 10.810. Once close to target; move sl and look for buy setups.

Mavab

Correction over :) Opened the short at 1.5225, stoploss 1.5245 Rsi on lower timeframe bearish First TP : 1.4850 If the bottom trendline breaks: Keep it for a longterm trade

Mavab Updated 

1.7289 ultimate entry. Using a tight stoploss @ 1.7326.

Mavab Updated 

Hi folks! So I was looking for a long on Natural gas with an entry around 2.530. Then I realized the possibility of a descending triangle. Often, these are continuation patterns but sometimes they can be part of a trend reversal. My strategy: Enter now with a tight stoploss around 10 points above the trendline and take profit at 2.535 and than grab a long until...