618trade

fxmillions fxmillions USOIL, D, Short , 6 months ago
USOIL: OIL WXY correction over or will it come down for the Z wave?
234 2 10
USOIL, D Short
OIL WXY correction over or will it come down for the Z wave?

USOIL Daily chart is at a critical point as it reaches the 61.8% Fib retracement of the correction so far. The important thing to note is if the WXY correction is complete and if bullish momentum dies at the trendline, we might get the Z wave. On the other hand if price breaks out of the corrective structure with conviction, then it will be a bullish impulse. Of ...

Stink Stink USDCAD, 240, Short , a year ago
USDCAD: USDCAD .618 retracement
56 0 0
USDCAD, 240 Short
USDCAD .618 retracement

Just a straight forward .618 retracement possible, or there could be a breakout below before. will watch and wait

hotowy hotowy NZDUSD, D, Short , 2 years ago
NZDUSD: 2618 setup on NZDUSD
65 0 2
NZDUSD, D Short
2618 setup on NZDUSD

After double topped, the kiwi made a strong break down and now it retraces to 618 area, which could be a nice selling oppurtunity with two potential targets and stops above the double top - as it is written above.

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