Pink Median Line may hold here, loo for possible reversal. If price falls through Pink Median line, look for proce to keep going lower.
The pattern did a great test of the PRZ and showed clear signs of reversal. There is also a divergence on RSI that points toward the same idea. The pitctchfork channel also coincides on this top. OPEC's 'agreement' created this shortly lived spike that opens a great opportunity to profit of the return to USOIL price reality.
Copper just made a peak and is gathering downward momentum. I entered this trade yesterday, but I believe there is still potential and the trend may last for a few days more. The weekly shows the same pattern and we are crossing the Ichimoku cloud soon, all good bearish signs. Targets are on the following levels of the pitchfork. Thanks for your comments.
Price is stalling near 2150, so to continue this run up we need to see more bullish movement to the upper median line.
Light Crude has dropped from the the 46 area and retested the down fork and is on its wak lower. Look for continued downward momentum
Gold Futures. Price is dropping on new pink fork, so watch where price lands maybe around 1325 as a possible support area.
This one is another trade I'm placing pointing to the new DXY trend (see related idea). Signs of reversal on the daily are clear and price seems to be resisted by the pitchfork and the Ichimoku cloud.
We just completed this bullish bat and signs of reversal are already there. This last leg down is part of a retest of the lower part of the pitchfork drawn. I do not have positions on DXY but always keep an eye on it for my other trades like XAUUSD and XAGUSD. Please see the related ideas that are online with this new uptrend. All comments are welcomed.
Looking at a possible 5th wave completion Monday or Tuesday to daily support @ 1.28643 to 1.28341 on Cable.
This pattern has been testing the PRZ (potential reversal zone) and I am now waiting for my signal to long. I do like the fact that the lower leg touched exactly the channel of the pitchfork. Even though DXY seems to keep on its way down, there are reasons enough to risk a position here. The stop may be placed on lower swing and profit goes at least to following...
Price continues to rise higher, look for 3.228 and 3.071 as possible reversal points
No real neet to update this chart, besides a new possible up fork on the retrace. There were multiple opportunities to short on the WL2
Price is continuing to follow the pitchfork, and is rising. Look for another test on sliding parallel before going higher.
Upfork is showing some frequency look for break higher above 1321 to show some confirmation
Price is going sideways at the moment, look for possible retrace higher
- After yesterday Lower Lows, we might be seeing a Lower High form today. - This new high appears to be forming at the top of a pitchfork channel - Stochastic confirm it's overbought Entry : -If this candle close inside the pitchfork or if the next one engulf the previous bullish candle, Sell at market price - Sell Stop set at 102.600 Exits : - S/L a few...
Price is moving on sliding parallel up as we have multiple touches. Look for an eventual break to the upside.
Price has dropped recently, we are now in a retrace with possibility to reach the gold median line near 432. The expanding pivots