Watching this for a buy. Even if we only get consolidation back to trend line its a 3:1 risk reward with potential to go higher. I'm watching this close as i'm in the sell from the top and i'm hoping this just blows through the zone and keeps going south but that may not be the case. CAD Interest rate news on the 24th
Watching oil for a consolidation on lower time frame for a buy, down side from here looks limited and would expect at least a consolidation into the 48 level before we see any more big moves down. We could be making a running flat for another impulse up and see price climb right up to $60 so buying looks good once it meets my entry rules
Looks like we are getting one more move down before this correction is over. Watch price action at the 1.27 extension of all the 3 of the moves we currently have in this correction, they all line up at the 98.00 level and with divergence already forming i am looking for a reversal to the upside pretty soon. This should be the last move up we have in the us dollor ...
EURUSD looks good to sell, Double top within supply zone, We are at the trend line and looks like we made an expanding flat after touching the trend line. We have divergence in this structure at the top. I am expecting upside in the dollor which could be what drives this to the downside and break out of the bigger correction check the link