Longterm view:
We see a nice bull-market, the present consolidation Phase (since 09/2016) ended exactly at the normal correction Level fibo 0,5!
As Long as we trade above that level, we still keep aiming the 9000 - in a next step with Prices > 9000 (TP1) --> 10.500 as TP2 is thinkable!
The in my former view mentioned H&S should still be watched! As Long we are trading below the potential right shoulder, the H&S pattern is still valid
Trading below the potential right shoulder, respective the neckline (real short trigger) will generate TPs at 7208 / 6800
Short: An anticyclical short has a very nice c r r , but does not fit to my tradingstyle...
i prefer cyclical BreakOuts like this one
Long:
We see a nice bull-market, the present consolidation Phase (since 09/2016) ended exactly at the normal correction Level fibo 0,5!
As Long as we trade above that level, we still keep aiming the 9000 - in a next step with Prices > 9000 (TP1) --> 10.500 as TP2 is thinkable!
The in my former view mentioned H&S should still be watched! As Long we are trading below the potential right shoulder, the H&S pattern is still valid
Short: An anticyclical short has a very nice c r r , but does not fit to my tradingstyle...
i prefer cyclical BreakOuts like this one
Long:
Comment:
BO started..
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rsi is near the overbought area....a correction could start These days
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shortterm tf Looks still bullish
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RSI with a selling Signal
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Comment:
rsi is near the buying areaa, but no signal yet..perhaps we kiss the bo-level again and will see the rsi longsignal than
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yeah
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yes
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nice nice nice but rsi is overbought now
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Comment:
530 Points at present..nearly reached the tp
Comment:
Trade closed: target reached:
wow...nice ...
now we can concentrate to the upcoming big BO! i will open a new thread for that Szenario..thx for reading my views
Trade closed: target reached:
new thread:
