1) Bearish Cannel
2) HH'S & LH'S
3) Minor Support and Resistance
4) Bearish pin bar on the 4HR
Plus more in depth analysis.
Expecing price to break below minor support at 1.1842 and should see price full 25 pips to 1.1815
1) Bullish Chan
2) Minor S & R
3) Strong LH'S & HH'S
4) Bullish momentum
5) High test bar
plus many more..
Expecting price to break above 1.3144 retrace and and then see continuation up until 1.3159
Leave & share your thoughts and comments below.
1) Low test bar (Reversal)
2) Rest of the Low channel
3) New HL formation ( Continuation)
4) Test on new Support
Expecting price to rally and a break above 1272 , restest at support & then an extra rally to 1280 .
Daily price action has slowed down as it approached fibonacci support and previous structure resistance turned support. Intra-day timeframes are painting an inverted head and shoulder pattern. Entry based off trendline touch.
SONS seems forming a flag formation. It had a huge gain today breaking through the moving averages with huge volume. We are keeping this in our watchlist for those who want to look for intraday aggressive entry opportunity
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Price approached and rejected resistance on the 4hr time frame, this resistance area is a crossing point with the descending trendline. Placed sell stop order below current daily low and will trigger should there be an aggressive rejection of this area.
Hello Traders,
Today we will share with you guys the TVC:UKOIL as it seems to show upwards pressure again towards $57 and may breaking resistance zone. It currently flirts with significant intra-day support level.
Supported by a significant intermarket sign, which points a potential inflow of capital very soon! This may underline this setup.
Our intermarket...
Price has failed to break previous structure and got rejected forming an Evening Star candlestick pattern. 1st Target 1225.00. I believe it will fall lower but we will cross that bridge once we go there.
The "exhaustion" levels given are for the November futures contract which is what CL1! is currently based on. However, CLZ2016 is trading at much higher volume, so please adjust your levels accordingly if you choose to trade the December contract.
Short @ 51.15 (Nov'16); Stop: 20 ticks. Target: 60 ticks.
Long @ 49.50 (Nov'16); Stop: 20 ticks. Target: 60...
Anticipated "exhaustion" levels for today. Scalpers could consider these levels for a counter-trend trade!
Yesterday's Long from the 50.38 area produced a winner.
Today: Long from 49.80; Stop:20 ticks, Target: 60 ticks.
Today: Short from 51.95; Stop:20 ticks, Target: 60 ticks.
![GOLD: GOLD - LONG [Risk:Reward / 1:5]](https://s3.tradingview.com/f/fLu0f8Xx_mid.png "GOLD - LONG [Risk:Reward / 1:5]")
