The DXY US Dollar Currency Index is currently sitting at a minor Fibonacci cluster. This area could hold, however we have a much stronger level located in the the 105.20 to 106.00 area. This area will offer much stronger resistance for a correction or a measured move lower
Details on chart, thinking of open short around 51.35. TP1: 50.64, TP2: 49.8. Need red down line to hold!!
Details on chart. I have a long opened at 50.68, stop at entry. TP1: 51.29, and will probably short from there if it gets that far.
details on chart, stop at 2.565, Tp 2.65
Stochastic providing the early entry. Stop is last low print - 2t 52.08. I happen to be 10m delayed and know from other platform that it went down about 13t from 52.35 to 52.22 during the delay.. still anywhere around here is the hourly swing up best entry if it's going to happen. If it doesn't.. it doesn't. If you like more confirmation, enter the DTI.
After forming a cup and handle pattern, BTC is going to make a retracement to finally make a uptrend and close this 2016 with a USD 780.- target. Happy trading
AB-CD pattern on the weekly, details on chart. Although the 1172 level was breached the past week, the weekly candle managed to close above it, which is a good sign for bulls. This week's candle was also a doji, citing indecision and lower selling volume. Historically, there has been support/resistance around this level as well, shown in the blue boxes and the...
Bullish break of the hourly bearish channel. Waiting for a movement till R1.
Can't break through top of pitchfork for now (upper blue line). Trend is still down until hourly close above black and red lines.
This indicator allows the user to select any 2 securities to plot their correlation . Tarzan's intramarket correlator also allows the correlation to be determined by a simple moving average of each security according to smalen = n. I'm an apeman, I'm an ape, apeman, oh I'm an apeman I'm a King Kong man, I'm a voodoo man, oh I'm an apeman Peace. Enjoy.
OIL has broken the hourly trend line. Waiting for a pullback to confirm the bearish pattern.
The unstoppable NGAS may have finally peaked. Tight stop at top of channel. TP1 3.4 TP2 3.3
details on chart, 4hour candles. Stopout if it breaks downwards from the triangle. TP 1: 16.68, TP 2: 17.0
Platinum has been pretty wild for the past few days. True, it is still lower than heck on the daily, but notice how the hourly has started an uptrend. This could be a chance in on the ground floor before a large move upward if the support line holds. Price action is yet to confirm.
found a H&S on the daily, targets on chart. Looking for some range/consolidation before the next leg up to the $3 seen in July, and then plummet just in time for a global warmed winter (maybe?) MAJOR KEY for long is breaking $2.87 this week or next!
The dynamic support, has arisen from the lows reached by the prices in March, sees right now testing its trendline. Although it seems to have been a breakout, it is important to follow developments in this area. The intersection of both levels should prompt us to monitor the market with extreme attention, precisely because of this area could have important...
Platinum "broke" its down trend recently, but it had a dramatic 2 day pullback to the base of the breakout. It is unclear whether the recent upswing was just a mildly longer pullback (see figure for pullback amounts) which will result in another drop in price or whether this is profit taking from the recent upswing. A break below 930 indicates a continuation of...