hello my friends ..... 1. reversal pattern is forming here i am looking for sell after the break out 2. watch this fibo level to breakout first TRADE SUCCESSFULLY !!!
Buy after pullback @0.382 fibs Retested Trendline TP @0.236 fibs. Cheers .
Texas oil , is as much as ever tide very closely to political event and oversupplie problemes . Cut of production have almost run there course and price action has never been able so far to go above the 54 55 area .Cut did not produce the push in price action and shelloil producer are still pomping a lot and are not planing to cut production , more like the...
The trend line has been respected since the 23rd of November 2016. I will set my order when it touches the trend line but ONLY if it doesn't break it but respects it. I will then leave my order and hold it till around the 87.500 levels.
My view on this pair is a short in the long term but for now I am expecting two ways, If the trend line is respected, I will set a buy till it hits my target of 0.79960 levels. I will then wait for a short if doesn't breakthrough the 0.77100 levels.
It has respected the trend line for more then 4 weeks which would indicate a strong support. I have left my sell order just below the 1.00153 level which will activate my order and will hold unto it till it hits around the 31st of January's low.
Crude Oil (Brent) moved higher today. There is a possibility that in the next week the price will break trough the resistance of the symmetrical triangle. If it breaks it wil probably continue higher. First resistance area is around 60.20 ~ 62.30, that's also my first target.
This is a test recommendation for ASX:CBA . CBA has been trading sideways causing the ADX indicator to reach a low level. This is indicative for the beginning of a new trend. With dividends being paid in late Feb an upside breakout is probably more likely.
Been waiting for this line to get hit :) patience!
About to bounce off the 4H Cloud again. Stop at 2.633 TP 2.73
Good entry point here. TP1: 3.58 TP2: 3.75 TP3: 3.9 SL 3.38
tp 1194, stop 1205. Divergence on multiple TF!!!
easy down TL makes for a great short. Tight stop at 3.43, target 3.24.
Please see annotated chart for details.
At least one more drop after a predicted .786 pullback. I am hoping to short around 1151-1153. I think Asia will buy it after the weekend as the USD takes a bathroom break.
Drew an ugly Cup/Handle in light blue, Nice breakout from the red down trendline. Daily stoch turning back up. And winter is here ;)