Natural Gas is now sitting at a major demand zone. We could see price take off aggressively from here.
Volkswagen down side. On the Technical Analysis approach, I'v given two scenarios on how it might develop in the near future, but remember the chart is a long term forecast. We'll see how it goes..
After the strong impulse up (at a key level of support) the bulls are showing signs of strength. Price is currently in a corrective phase, so will only be looking for short-term longs at this time. Trade with care! :)
FX:GBPUSD Well, I target price is going to make another drop & test the bottom TL. Then only continue UP. For confirmation, wait until price break TL . TAYOR
FX:USDCHF Buy if price retrace to right shoulder & we can observe a bullish divergence at the right shoulder. Tight SL will do. Target @ 1.0000 Trade At Your Own Risk
After the strong up impulse, it's making really nice 1h flag for the next impulse. So, taking this breakout will be a good idea. Take it with your own tested strategy. USDCHF on the bigger picture looks upside and it can go pretty high but my first target will be -0.27 fib level. TIPS: When you take that breakout, if it goes slowly put it at BE fast. It can also...
As you can see EURUSD broke the TL. The bigger picture looks downside also. So, taking that breakout will be a good idea. So keep an eye on it & be patient & trade with care! If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for your support! Antonio, P.S. Bigger picture
HEAD AND SHOULDER forming and CORRECTIVE WAVE A,B,C
I am expecting far more upside on Gold on the larger time frames and will use the H1 and H4 time frames for trade entries. I expect to see a corrective structure as indicated on this chart to form and will be looking to trade the long from the start of wave 4. There are of course reversal signs that I will look for before entering the trade. For more details on...
SHORT IT set stop at 0.73244 Get out at trend line
BUY SET UP SET STOP BELOW 0.668508 GET OUT AT 161/8%
BUY at bottom set stop below the trend line use good money managment
SELL ON 0.99869 SET STOP ABOVE 0.99869 use good risk managment Get out at 0.998559
SHORT JPY TILL 112.643 set stops above 112.69 use good ricks management
NZD/CAD Is at the spot for one more move up the way it is measuring and swinging. Did not exactly get the greatest reversal pattern, but this is the fib area for it to make another shoulder from, potentially creating some sort of flat pattern. I am seeing striking similarities in the NZD pairs as far as their swing structure. Just understand time frames and limit...
I am showing you this illustration to try and point out the bigger picture. A "B" wave is a 3 wave move. So far UJ has completed a 7 swing wxy for a "B" wave can be on the way up long term for a "C" wave (On both time frames). The only question is, will we get an "X" and a "Z" added to the swing pattern? That would mean we get a triple combo (which is rare) if UJ...
As predicted, CADJPY broke out of the corrective structure on the daily time frame and then formed a smaller flag. This flag has broken to the upside and indicated the start of the move that we have been waiting for. Contact me via direct message for any assistance required Cheers Linton
The larger time frame suggests that there is more downside to come on EURCAD. The current corrective structure has broken and I await the break of the smaller flag formation. This could come in the form of 3 or 5 waves as indicated. Contact me via direct message for any assistance required Happy trading! Linton