This is a follow up chart to the previous one.
oil is going down the RSI is below 50 and dropping.
58.85 is the take profit but it can go even below then that.
Gold is on a 3 months low about to rally up.
RSI is already starting to rally up.
A very nice trade for a swinger traders all the way from support to resistance.
With a leverage of 1:100 and above one of the best!
Good Luck out there
Nasdaq all times hes completed a W pattern.
The spread between the double bottom equals the spread on the double topping (217 points).
The regression line of all times equals the one third Fibonacci (0.618) at 3064.
the moving average 100 support line equals one half Fibonacci (0.5) at 2511.
The first take profit is 3064 and the second is 2511.
This is a long...
Oil broke the support line and he is going down to the next support at 58.85.
Oil is on a mini rally down till next week.
If you are trading with leverage it is highly recommended.
The Nasdaq future are holding at all time high resistance line.
It moves on a head and shoulders pattern and now its on the correction down.
You can look at the charts history and you will for the last few months it was the same pattern.
With leverage of 1:100 an above that is a nice profit .
Good Luck and Good Trades!
