S&P 500 forming lower low and lower high suggest to look for opportunity to short around 2626.90 will be a good area to short SL :2820 TP : Follow arrow
USOIL has broken previous high and retraced to 0.618 level around 45.63 will be a good area to long potential AB=CD move SL : 44.05 TP : Follow arrow
USDCAD has broken the triangle and pulled back to 0.618 level around 1.363 will be a good area to short SL : 1.3665 TP : Follow arrow
GOLD long the pull back Look for buying opportunity if price retrace to around 1235.7
USDJPY 618 trade If price retrace to around 113.510, can consider to take short positions SL : 113.74 TP : Follow arrow
USOIL 618 trade 51.40 area good to long SL : 50.40 TP 1 : 52.80 TP 2 : 54.00
CLZ2018 just hit the 61.80% retracement point on its recent bull swing and found some support seemingly. Continuation players are taking this opportunity to add on to their long holdings. The Schiff set's Median Line is met here as well. A healthy pullback in a major bull trend that may lead to 127.20% extension. Short risk in oil is the preferred choice as long...
We just broke above, and will wait for a pullback into the 0.618, and a confirmation to go long. We also got a nice H&S, inverted formation on the Daily. Rsi: Middle.
The opportunity for harmonic pattern traders. The price went up last few days and getting close to 78.6 Fibonacci retracement that will complete a Cypher pattern. If the price reaches that entry point and meets my risk reward ratio requirement, then I will go short.
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...
Just a straight forward .618 retracement possible, or there could be a breakout below before. will watch and wait
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.