Sell the pullback Price breaks triangle range formation and pulls back Selling here we aim 1/3 Stop: above breaking candle - 0.71919
Lower low - chart Higher low - RSI Elliot 5 impuls move + Correction legs complete Falling 5 movement completed 200MA holds price (rejection up) Buy EURNZD here Aim 1.70344 Stop: below 200MA
Previous support level turns to strong resistance Elliot impuls 5 waves completed Pullback to previous structure level Selling here we can aim previous low or more lower
On BREXIT Vote GU may easily decline or just rocks up We can sell GU here as price action confirms resistance + trendline Target would be at 1.27200 / ascending lower trendline
Selling position based on 5 move pattern 0.618 level confirmation First rejection, 2nd pullback Sell as price confirms downtrend Target: 0.69687 Stop: 0.71262
Price is at critical level Previous structure level can be strong resistance However, any trading plan can be failed during BREXIT If Brexit happens, GBP may fall quickly to our second target
5 waves of Elliot + ABC correction legs completed Now, looking for another impuls wave, we can identify short term down moves before impuls wave up (3rd move)
Pullback trade activated as price slides down 52 Breaks ascending trendline and completed pullback to test We can sell OIL here at 51.84 Target: lower ascending trendline or more lower Stop: above breaking trendline at 52.70
Descending wage pattern is broken Potential 0.618 trade is triggered We buy EURCAD here 1.52139 Target: 1.53719 Stop: 1.51739
Bearish divergence on SPX Sell Sell Sell Target is previous swing low
Price makes a bearish bat pattern Upper descending trendline is hit Watch to short E/U Target: Ascending trendline Stop: 1.14875
I am not using just technical anaysis to predict next financial crisis. Follow fundamental ones. Watch news compare the economic statements Technically we can see that price breaks uptrend trendline and falls down. Now, it is bouncing back to previous structure level before next drop -Trade your plan
Third touch selling position Rejection at 0.618 level + 100MA touch Selling here we can aim at least 1/3RR Stop: 0.67823 (Why so tight? - If breaks up, plan will be cancelled - no need to hold)
USOil Sell position Price reached 0.618 level Inside and outside trendline touch Rejection on 1H chart TP: 1/3 Stop: 49.93
NZD reached structure level Second time rejection to break resistance level Selling here we can aim at least 1/2 ratio Stop at 0.67780
MA is crossed as we get first signal to short Trendline is broken, gives confirmation to sell Wait for market to give a chance to sell at pullback If price comes to 100MA and sell at rejection This turning point would be another Elliot wave to down
Sell the pullback 89EMA + 100MA crossing Another momentum may come Gold is bearish for this week