price is at the top of a descending channel with a previous 2 touches. momentum is also bearish on higher time frames, if AB=CD then high probability of price reaching 161.8 ext in accordance with harmonic structure. MA are in correct positioning and 127 and 161.8 ext are in confluence with previous major support levels on weekly time frame. Risk-reward ratio...
-As you can see, GBPYEN is on an uptrend so we only look to play long positions based on P.A.
-We wait for a clean break to the upside and retest of structure for long opportunity/trend continuation play. If not, wait for a pullback to highlighted support and a long opportunity will present itself.
Watch this gap.
We're at the lower end of the downtrend in the larger time frame – not the best place to short.
A short-term trade; LVS is on the upside of a down channel.
Also pin-bar has been formed on h4; price is getting sent down on supply levels, looking for demand areas around 0.94 as my overall target for this setup.
The market is currently holding higher lows and pressing up against $280 support. Once this breaks, I expect it to go into the $290s. I'm still bearish medium-term, but this looks like a good high-probability trade.
Considering both Technical and Fundamental aspects, both the new fiscal policy that benefits investors on the stock market and the technical market setup show us that soon we're going to be calling bottom, expecting a rise back to the 70.000- level after 2015, considering a new record and a new resistance. If the support breaks through before that and the policy...
Swiss economy stagnates, zero growth in the Q2 of 2014.
Inflation in Switzerland is decelerated 0.1 percent in September to -0.1 percent.
Swiss Unemployment Rate is unchanged.
The FED ends QE3 and US GDP beating expectations in Q3.
The USDollar basket is strengthen.
Good entry point is at 0.95 area.
CLF was in a long term strong bear channel that broke out to the upside on a climax in late July and is now in the process of pulling back to retest the trendline.
The test will come at around 14.50. A couple of trendlines support that price and the bear channel will fall right into it.
There is such strong selling that I think the best the bulls will get after...
