Short divergence (D). Decreacing volume and increasing price respectively stable price. Of course this is just my personal opinion and not an advise.
Symmetric triangle bearish continuation? Pretty hard to say, I am going to monitor it closely today.
Maybe the one or other did not see it coming when USOIL moved from 59.00 to 62.50. My SL was initiated around 60 USD and I missed my TP around 58 USD. Nevertheless I secured some profit. Even though I was little bit surprised by the move due to the fundamentals I quickly identified the main pain :) DXY. The DXY seems to be very strong this week and I am short...
In short: undervalued. The company has strong fundamentals. Most Companies of the same industry have a lower mix of growth, profitability, debt and visibility criteria. TP: 112,5 Of course this is not an advise it is just my personal opinion.
Short term bullish divergence and mid term positive outlook.
After a strong start of the DXY in February (01.02. - 09.02.) the DXY is weakening again. The USDCHF stabilized during the last days at the EMA 50 (4H) and is ready for a potential short move. Of course this is not an advise this is just my personal opinion.
When GER30 hit the 25Y trend line (9.8 CAGR) the correction started as expected by a few market participants. If you follow the discussions you hear a lot of stories like algo-driven-correction etc. and that this is just a short term correction. But what if it is just like the start of the badly needed correction? In this case we would see some more small...
For the time being, we are back to normal. Hence as a swing trader, I go long around 1,250 XAUUSD and short around 1,400 XAUUSD. I consider the longterm growth path. I don´t enter somewhere in between. Of Course this is just my personal opinion and not an advise at all. Currently I am short (around 1,350 XAUUSD).