alexp

alexp

Looks like current trend line is not very likely to hold... The only question which currently comes to the mind is whether 146.50 level going to hold?

alexp

AUDUSD is approaching trend line + strong resistance area. Will be looking for shorts soon with targets around 0.9440 level (for a re-test of the lows)

alexp

EURUSD just formed a strong rejection after overshooting trend channel line. Although it might still continue higher for a while, the is a strong bear flag and it should start correction sooner than later.

alexp

This is 1.5 R:R trade on silver - hoping that it will test the major resistance area now and form a trading range. Might have another short leg first though, hence, the stops are tight here. Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!

alexp

On hourly charts, gold is moving in a bullish channel and currently overshot it near the bottom. I bet it's about time for it to revert and return back into the channel. Stop is not that tight as it might continue overshoot move for a while. Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track...

alexp

Second entry long off the confirmed bullish channel bottom for EUR Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!

alexp

Seems like strong resistance area is in play for EUR after final flag accumulation. Odds are that the bottom of trading range will be tested. Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!

alexp

SPX had overshoot a previous resistance line and formed a not very bullish looking pin bar (although not completely bearish too, but this is still not a good very sign for bulls). Usually, traps which come after overshoots (failed breakouts) are nasty and lead to strong moves in opposite direction. If it starts falling, it will be falling hard...

alexp

Then we should see it lower...

alexp

I liked the rejection at the trend channel line once it got overshoot. It's likely to form the similar channel below, hence, I am thinking of a probable short opportunity here. Consider entering those trades with at least 1:1.5 risk/reward ratio as they're highly likely to bounce and reverse for a test of a trend line and its overshoot after giving overshoot to a...

alexp

If it moves below 1.3095 level - we will see a failed breakout of a trading range and and a good opportunity for a test of the lower end of a trading range. If it bounces off 1.31 and moves higher then 1.3110 - we're likely to get a breakout off the trading range and it will be a good long opportunity. Track this and other predictions with Market Druids on...

alexp

SPY has recently overshoot it's long term trend channel from the top. Usually, such overshoots on one end lead to major overshoots of a trend line on the other end. I bet that trend line won't hold well this time and the unclosed gap at 154 might act as a good magnet here. Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make...

alexp

I see EURUSD testing resistance & breakout area at 1.305 levels while continuing moving in a tight bullish channel. Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!

alexp

Looks like bigger trend line is still in action here. In addition, this is a failed breakout short. Should be good enough for a scalp here. Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!

alexp

Gold formed a strong double bottom and should give a test to the next major resistance. I see it testing 1400 level soon Track this and other predictions with Market Druids on Facebook (MarketDruids.com), make your own predictions and track them and your stats against others!

alexp

If gold forms a failed breakout of 1400-1385 range, I would enter into long position here targeting the top of the range and possible breakout from the other side Track this and other predictions at MarketDruids.com ("Market Druids" game on Facebook), make your own predictions and track them and your stats against others!

alexp

Looks like we're about to hit trend channel line on Google soon. Not much space left before it starts a correction. Will be looking for new longs around trend line below. Make and track your market predictions at MarketDruids.com ("Market Druids" game on Facebook)!

alexp

Seems like 418-465 trading range is currently confirmed for AAPL, now it's likely to test the top with reverse H&S technical pattern (or major trend reversal) just formed. The first target is top of the trading range, however, breakouts are also probable. Track this and other predictions at MarketDruids.com ("Market Druids" game on Facebook), make your own...