WTI Spot:USOIL Still patiently waiting for WTI to come back to 48.54 at least and at lowest to 48.26 before getting long again, looking for rally to 50.09-50.18 - Far East originated impulse wave from 10pm Eastern last night. We could see the same tonight looking at the chart
UKOIL Brent Spot: Like WTI it will hopefully get sold sold off on open in Far East about 10pm Eastern US time - if it does it should present a good buying opportunity at 51.09 for rally to 52.53, then 53.50 - worth setting a buy order up and seeing if it gets struck - and if it doesn't do the ideal and rallies from here and not lower down, it's still worth...
NBI: Nasdaq Biotech Index: In the doldrums for 2 years now the NBI is showing signs of life again. Too early yet, but once 3172 is broken decisively by more than 5 points this index should surge to 3575. Worth setting up an alert for this one.
Yesterday's candle close within previous candle range. I'm biased in trading long.
1. Inside day candle.
2. Currently on a demand zone resting above weekly significant support line.
3. Price has been consolidating bearishly.
1:3 risk reward for this trade.
AUDJPY potential long.
We can see lot of refusing from downside to more downtrend.
Also we saw a broke structure (broken previous LH)
Go long after breaking TL to potential psychological level of 88.000
Dont forget to trade with proper RM/MM and caution
Good luck guys
Here we are waiting when trend will end flat and only after we will open long position for our 60 pips...
I hope its will work!
Check my another Ideas here: goo.gl
Good luck!
Oil is in a wedge that will soon break. There is upside potential to this trade, this setup shows our views on the trade. We would monitor the area to buy and then scale out part of it at the first point in orange and then P1 ourselves with the remainder while leaving the rest for the yellow area. We will monitor price and patterns in this box to close off the trade.
After EURUSD broke trendline for more downside move and broke also 4H structure now is making pullback to the 3 potential PRZ's. (50%, 61,8% and 78,6% fibo retracement)
There is big potential in first two PRZs, because on 50% fibo PRZ we can see H1 demand zone and on 61,8% fibo 4H support.
I also will be looking to short dollar on more pairs ( USDJPY and GOLD...
EUR/JPY
>Potential long opportunity at the D leg completion of Bullish Bat setup.
>Stop loss would be below the X leg of Bat Pattern.
Target 1 : 120.200
Target 2: 120.632
