after the news last night oils move up seems to have stuttered, failing to brak above this 48.65 range and trading below the parabolic indicator everytime, i feel a move down will fill the gap up in profile we witnessed last night ad a target of 47.6 could be in play by end of day, selling here and a move above 48.65 will be a puke
dax has broken its weekly trendline and sell off followed smashing through levels making me think that the 12000 level is nearing in the following weeks. with such a big sell off a rebound back to the low of the previous range at 12305 is somewhere i want to be testing short play. to me there is a gap in profile to fill downwards in the dax making me think that...
see some resistance at 1.23, am shorting here on the pullback to keep in with the downwards trend, will average into the trade at 1.235, the puke will be once 25ma moves above the 350ema and bucks the trend, profit target will be 1.215 but discretionary if it begins to stall. feel the news of article 50 is going to drag the pound down untill theres some clarity
selling cable as it makes a slow grind back up towards the downtrending 800ema, the 1.22300 level shows resistance and thin spikes, will puke as the 9ema moves above the 800ema, trailing stop once price goes below the 66ema