Buy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price is still testing major support at 84.57 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement, horizontal pullback...
Buy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price is now back to support area. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci...
Buy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely off our major support as expected. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at...
Buy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price has started to bounce nicely off our major support as expected. We remain bullish looking to buy above major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at...
Buy above 84.57. Stop loss at 83.63. Take profit at 86.67. Reason for the trading strategy (technically): Price is now approaching major support at 84.57 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 86.67 resistance (Fibonacci retracement horizontal pullback...
All Trade Parameters shown on the chart. Short setup in Daily Supply. We trade the daily downtrend
Buy above 87.30. Stop loss at 86.93. Take profit at 87.75. Reason for the trading strategy (technically): Price has dropped strongly from last week. We look to buy once price breaks above major resistance at 87.30 (Fibonacci retracement, horizontal overlap resistance, bullish divergence) for a push up to at least 87.75 resistance (Fibonacci retracement,...
Buy above 87.28. Stop loss at 87.03. Take profit at 87.75. Reason for the trading strategy (technically): Price is now testing our major support at 87.28 (Fibonacci extension, Elliott wave structure, swing low support, bullish divergence) and we expect to see a strong bounce above this level to push price up to at least 87.75 resistance (Fibonacci retracement,...
Buy above 87.28. Stop loss at 87.03. Take profit at 87.75. Reason for the trading strategy (technically): Price is approaching major support at 87.28 (Fibonacci extension, Elliott wave structure, swing low support) and we expect to see a strong bounce above this level to push price up to at least 87.75 resistance (Fibonacci retracement, breakout pullback...
Buy above 88.11. Stop loss at 87.72. Take profit at 88.69. Reason for the trading strategy (technically): Price has dropped strongly and is now testing strong support at 88.11 (Fibonacci retracement, horizontal pullback support) and we expect to see a corrective bounce from here to at least 88.69 resistance (Fibonacci retracement, horizontal swing high...
Buy above 88.11. Stop loss at 87.72. Take profit at 88.69. Reason for the trading strategy (technically): Price has dropped strongly and is now testing strong support at 88.11 (Fibonacci retracement, horizontal pullback support) and we expect to see a corrective bounce from here to at least 88.69 resistance (Fibonacci retracement, horizontal swing high...
Sell below 89.11. Stop loss at 89.38. Take profit at 88.36. Reason for the trading strategy (technically): Price is approaching major resistance at 89.11 (Multiple Fibonacci retracement, horizontal pullback resistance, Fibonacci extension, bearish divergence) and we expect to see a short term correction from this level to push price down to at least 88.36...
Buy above 88.39. Stop loss at 88.17. Take profit at 89.10. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target. We now prepare to buy above major support at 88.39 (Multiple Fibonacci retracement, horizontal overlap support) for a push up to at least 89.10 resistance (Multiple Fibonacci retracement, recent...
Sell below 88.76. Stop loss at 89.38. Take profit at 87.92. Reason for the trading strategy (technically): Price continues to test our selling area. We remain bearish looking to sell below major resistance at 88.76 (Multiple Fibonacci retracements, horizontal swing high resistance, Fibonacci extension) for a push down to at least 87.92 support (Fibonacci...
Sell below 88.76. Stop loss at 89.38. Take profit at 87.92. Reason for the trading strategy (technically): Price has shot up from our buying area and reached our profit target absolutely perfectly. We prepare to sell on major resistance at 88.76 (Multiple Fibonacci retracements, horizontal swing high resistance, Fibonacci extension) for a push down to at least...
Buy above 87.92. Stop loss at 87.20. Take profit at 88.85. Reason for the trading strategy (technically): Price continues to test our buying area and is starting to bounce nicely. We remain bullish looking to buy above 87.92 support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to at least 88.85 resistance (Fibonacci...
Buy above 87.92. Stop loss at 87.20. Take profit at 88.85. Reason for the trading strategy (technically): Price continues to test our buying area and is starting to bounce nicely. We remain bullish looking to buy above 87.92 support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to at least 88.85 resistance (Fibonacci...