ozgurkocak

ozgurkocak Updated 

thats what I think will happend but lets see.

ozgurkocak

I THINK THE OIL WILL START GOING UP AGAIN AS THERE HAS BEEN PRESSURE FOR A FEW DAYS. RSI IS OVERSOLD AS WELL. I AM EXPECTING AT LEAST A 618 RETRACEMENT.

ozgurkocak Updated 

this strusture seems to be making identical moves and retracements. next leg up will complete the larger retracement up to 0.618 fib level when it reaches 71750.

ozgurkocak

looks in an upward movement and is about to complete a structure/continuation.

ozgurkocak

I think the gbp could do another upward move after this penant formation

ozgurkocak

WHEN LOOKING AT THE FIB LEVELS AND THE RESISTANCE AND SUPPORT LEVELS AND STRUCTURE OF THIS PAIR I THINK IT WILL START GOING DOWN TO ABOUT 1.54600 AT %50 RETRACEMENT WHICH IS ALSO A STRONG SUPPORT LEVEL. IT MAY COME DOWN TO 1.53800 WHICH IS AT 0.618 FIB. THEN IT MAY SHOOT BACK UP TO 1.60900 LEVEL WHICH IS IN STRUCTURE AND MEETS A RESISTANCE LEVEL UPWARD. IT IS...

ozgurkocak

IF WE LOOK AT THE DAILY CHART NEW MOVE COULD GO UP TO THE RESISTANCE LEVEL 21,440. THIS MOVE WOULD ALSO BE A HARMONIC MOVE AT THE SAME SIZE AS A LEG. I WILL LOOK FOR A BREAKOUT UPWARDS AND GO LONG

ozgurkocak Updated 

I am a new trader but I think you have to be blind to miss this structure formation. It will probably bounce off the resistance at 133400 and then go short down to 131000

ozgurkocak

It looks like it is creating a structure channel and it is in upward movement. I have entered long around 155690 and looking to go up to 157600 where it has strong resistance. it passes through the resistance it will probably have a huge movement

ozgurkocak

I am a new trader but I find the support and resistance as the most powerful tool so far yet the simplest. Silver hit a really strong resistance level and I think It will go down quite a few pips before going above that line. I think selling around 17.00 would be wise and then wait to see if it takes an upward movement and breaks through the line.

ozgurkocak

This pair has had some heat going upward direction but I think it is about time it coolsoff a bit.

ozgurkocak

I TOOK SOME GOOD PROFITS OUT OF THIS PAIR BY GOING LONG UP TO THE RESISTANCE LEVEL. I BELIEVE IT IS NOW TIME TO GO SHORT AND CONTINUE MAKING MONEY. I AM EXPECTING AT LEAST %50 RETRACEMENT.

ozgurkocak Updated 

XAUUSD Hit a strong resistance level on both side. A few Pips of retracements to follow. looking at theprevious retracement it may be going down hill again.

ozgurkocak

I think pound will go up when looking at the daily chart. I am a newbie so there is a good chance I might be wrong. I have already done a few pips on this one by entering long at 1.40996.

ozgurkocak

This is my first pattern I have ever drawn. I think it fits with a bearish Bat pattern (or it may be bullish I dont Know :D ) I would appreciate your views on that.