UKOIL: Crude Oil Brent Update In the last comment stops were raised to just under 60 as we continue to run this long-pull swing trade to its conclusion, which may happen on Tuesday coming. The low yesterday was 60.01, so it came within 6 pips of stopping out before rallying once more. A damn close run thing, as Wellington said of the battle of Waterloo. Still...
IBEX Index: IBEX 35 Going well so far after breaking above 10460-10470 overhead supply. Minor resistance at 10600 but it shouldn't come back much below 10550 now (stops under here by 20 pips or so) so giving another chance to get long here with a small loss if wrong. It should rally to 10761 once 10600 is broken through, consolidate a little there and then...
My Long term view on this cable is buy. We are currently in a good place to look for buys. Bullish Scenario: Triple Cycle with Bullish divergence formed followed by False break. Until the last low holds we can expect the price to move up as the break below 1.2630 level was powerfully rejected. Bearish Scenario: I will be keeping an eye on the Daily...
D1 - Price is moving inside the range. We can go short as long as last high (83.60) holds. Sell will trigger once a breakout below last low (82.57) happens. Protection above 83.00. . Invalidation - if price breaks above last high around 83.00 before we get triggered this setup will be invalidated and we will look for another opportunity to join.
Bitcoin:BTCUSD If you want to hitch a ride to the craziest show since internet there is an opportunity coming up if conditions in comment are met. Otherwise wait because this shake out won't be over yet if it cannot regain the trend line just above it and turn it into support - and we should then get a better chance from lower down still
EURUSD: After yesterday's powerful impulse wave the Euro is consolidating recent gains - but won't come back far. Look to get long if not already as per comment.
Price is in downtrend for the last 3 days, it bounced off a support area at 1.12035 and rose until it reached a previous consolidation area. Short Entry : - Sell stop below previous small Swing Low IF past the trend line at 1.12220. Exits : - S/L in consolidation area above previous Swing High at 1.12360 - T/P not at next zone but the one after at...
AUDUSD:The last trading day of the week
FX:SPX500 Strong downtrend movement posibly breaking the last real minimum
Potential Bat Completion Good Risk to Reward after the last Bat winner