AnarUn

AnarUn

The plan has changed. There is an announcement about 2nd Brexit referendum. So, let's wait for a big jump.

AnarUn

Wedge

AnarUn

That is what I see. The jump started when the rumor about the Trade war between China and the US. However, recently, it failed to negotiate. Therefore, we are seeking for a big short. The drop took place, yet it's now retesting it.

AnarUn

It is difficult to say whether it will rise or fall. In 1H chart, we see a flag pattern is forming. Yet, in 4 hours chart, we see this. So, let's wait for confirmation.

AnarUn

I think, we need a correction.

AnarUn

We need correction.

AnarUn

Recently, a head and shoulders pattern took place. As it is one of the powerful reversal pattern, what I believe is that a down trend has just begun.

AnarUn

The wedge has completed and hit the target. Now this is what I see.

AnarUn

Oil has formed a reversal head and shoulders. Yet, it hasn't penetrated the resistance, yet. So, I will keep waiting its confirmation.

AnarUn

Due to Trump announcement, the price changed its shape into a falling wedge pattern. So, we know what to do.

AnarUn

DAX has risen for more than 10 consecutive days and finally it broke the channel. I believe that currently it is retesting and soon the correction will take place.

AnarUn

WTI finished its ABCDE correction. So, I suspect that this is the beginning of a new wave. As we know the rule, it has to retrace back to 0.618 and this is where we are now. 3rd wave is the longest. I am waiting for a reversal candlestick pattern to join this new journey.

AnarUn

We still need a breakout and retest.

AnarUn

Mostly, I trade indexes. Compared with other Indexes, DAX moves without any manipulation, I believe. And with my analysis, I mostly make a profit.

AnarUn

So, now it's recognizable that the price is wedging. Most cases, this sort of wedge is an indication of up trend. However, it's always better to wait until breakout takes place. Once it happens, we have to wait its pullback. Previously, I was always trying to execute a trade by just guessing a breakout. I lost a lot. Trading requires discipline and patience.

AnarUn

It is trying to create a double top pattern in D1. In a weekly chart, what I believe is that it is a retest of head and shoulders.

AnarUn

A Flag pattern is forming in WTI. In daily chart, we see a doji candle. So, I believe, it's reasonable to short.

AnarUn

Well, I don't want to say anything about this trade. Just short it now!