I see minor correction on RTS. ===== I am not your financial advisor. Take notice that you are your own risk manager. Information presented here is for educational purposes only. Feel free to comment and pm.
Brent Oil looking long as well. How ever, it's not strong. If you take it, it will go slowly up, but it will be quite week. I prefer to wait for a short one at the last top.
Ok, this one I waited for certain time. The Russian Stocks was going up without stop. (no break time) and I shorted at around green bar 0.016900 will stay as long as 13SMA stay short at 4h chart
Natural gas , last move up was quite week, and whiteout foundation. Will be glad to take it at 5.000 and let it go. If it break the top, will go for that patter as I'm showing. Once again on commodity, I would trade future on 03.23.
Seems like I jumped the gun a little bit with USDRUB update and the triangle will be a bit bigger
An immediate short in USDRUB futures as we have jus finalised wxy where y is a triangle.
Looking for a more prolonged topping process since the recent decline came out in 3 wave structure indicating the possibility of an ending diagonal. Also USDRUB futures look poised for correction.
Seems like we are not yet through this cycle. The price has not formed a meaningful pattern.
NG - potential buy zone is 5.85 - 5.7 SL 5.6 Closing basis 2 hr
Potential development of USDRUB futures given build on channels and Fibo ratios.
We need to keep in mind that the market always strives for harmony. Restated count to take the latter bounce into effect
RUSSIA STOCK The price retest on the Trendline with stong candle (bullish engulfing). We have completed harmonic with wait high probability to advantage next harmonic. For more details contact me. don´t forget like and support.I will be gratful👨💻.
Seems like RTS is getting prepared for a big swing downwards. The price is nicely dancing between the channel walls and MAs (switched them off for clarity).
ladies and gentlemen , here we have a nice probability up to 80% to the market will go until level 360.0 RUB MOEX:ROSN
Neutral until broken with a trend in that direction. Some would measure the wide end of the triangle and project it from the point of the break out. No recommendation/I guess this could break to the downside since it is neutral. I did not even think of that until just now. If it breaks down, I will update targets.
An ideal wedge has loomed. All the necessary technical conditions have been met, including divergence starting from point (1). The entry point is (4), TP - point (2), SL - (5). Unfortunately, my pending order was not triggered with my broker, and I missed the entry point (2).
Pattern 123. After the trend, we are forming a correction. To be precise, the waves (a) and (b) are formed. The (b) could be a little bit higher. Anyway, we can make a profit while forming (c). The entry point is point b of wave (b) (see the graph). TP is 61.8 % of wave (a), taken from wave (b) (see the graph). SL is the end of wave (b).
We can see the completed setup in the oblique pitchfork. The entry point is the crossing of wave C under the conservative approach. TP triggers when the price touches the so-called Initial Signal Line.