We have Oil near some strong resistance. if raids it could mean a reversa if not it will go down to 29 and maybe lower. Short on breakout.
It's forming a bearish flag to keep falling. Happy trading!
We have a clear bearish channel and a support wich holded price multiple price but was broken (without a candle close) multiple times causing a huge stop pool to raid sooner or later. Happy trading!
After a huge bounce and lower lows and highs I'm short into this spanish share. There are few gaps in the chart so I would expect a 6% fall to fill all of them in the next weeks and retest of the support. Happy trading!
We have seen oil boucing 10% from the major structure created in 1996, 20 years ago. We could be watching the last days of a large downtrend. 2016 should be a good year for oil. Happy investment ;)
We have EURUSD into a potential OB and a bearish trendline. Short here could work. Happy Trading
Oil is a simple commoditie. It uses to raid stops sideways with a main bearish trend. Some people think there is a h&s on the chart wich could be true but the second shoulder spiked near the head wich could break that bearish figure. Happy trading.
Well... I guest most or all of my followers wont know what share is this. Gamesa is a share at the spanish index. I've compared this one with it's index. Gamesa is also in talks with Siemens to create the biggest eolic company. The price jumped 20% the 29th of Jan. We could see the price going up (even if there aren't news from Siemens) thx to the bounce...
So... We have gold going to 2008 levels an important price action level. Considering to take a long if price goes that lower. Regards
We have a perfect bearish channel on DAX with a potential zone to pullback at 9300. Happy Trading.
We have seen copper going up pretty fast looking as a reversal. It could be a fake reversal due to the potential pullback to the last support and the OrderBlock zone that tried to raid. We also have a trendline that if it's broken we could see a new low. Regards
We had oil raiding the 0.618 fib and topping with a resistance. Happy trading.
If NFLX breaks current channel support (wich seems stong) it could go straight to fill the gap at 69$. Regards.
Oil broke the bearish channel forming a new low around 27.50 $ after that it bounced hard and it's approaching to the channel support now resistance without any FA on it's favour. We could see a perfect pullback to it or a break upside to recover the bearish channel. Anyway nothing here changes the trend. Happy Trading
We have S&P near the last possible support. We also have a potential H&S figure. I bet we could pullback to the purple support (now resistance) and then we will see what's the next move. If we break downwards we could follow the H&S figure to 2007/2008 levels. Regards!
We have IBEX 35 doing the same movement as did at 2010 wich it's paired with a support and the 60% fib. Regards
We had S&P during this years on 2 main channels. First one is still valid and the second one is already broken and acting like a resistance. We also have a short term channel (Yellow) that is driving the price to the purple support. If we break the Purple channel we could see a continuation to 1840 or so. Regards.
So... we have a triple top on the main channel at Natural Gas. We also have a bearish triangle flag that in case of break, we could go down to 2.1 price or lower. Regards! PS: If breaks the channel upwards, trade will be cancelled.