So here we go. We are sat at 786 here with some inside bars- possible fakey is maybe next to come. If that happens we could see some correction to master S and then up move continuation. The level that we are approaching (1350-1400) is huge and it has been tested many times before. We gonna see a big fight once we get there. If we break it this time we could see...
Well well well cable looks quite interesting here. We are sat at master TB neck and ideally we would like to see market coming to 618 +1.27 psychological number. This is where our hot spot is located. If they bounce from that level then possible inv H&S may be created. Lets see how they gonna play this out.
We are sat at monthly triple bottom +50 but we still believe we gonna visit 1.12 area +618 in combination with weekly angled S. It is all about dollar and we believe it maybe going to close that gap created last year in Dec at 97.418 area. Stay tuned!
We are looking for a monthly fakey in combination with weekly SCB+886. If that happens then weekly down trend will be confirmed. Another option for going short is 786+weekly R +psychological number 2800.
Hi Traders !
We are looking here for a retest to join bulls. Oil is getting close to master R so either we gonna watch for breakout retest and long entry or bounce from the master R and join the bulls at the INV H&S neck.
Sp500 dropped significantly last in the last 4 weeks losing almost 10% from the historical high.
It is pretty interesting to see what is gonna happen in next few weeks. The index has taken out the master TL + we are 1000pips below 200 EMA + we have got possible HUGE monthly OB with beautiful bearish div that is HUGE signal for a possible bearish market to...
In January this year a very significant historical event happened that not many financial experts even talk about. US10Y finally has taken over 30 year trend line. What is even more we can also see a trend reversal pattern which increases chances for bond to sell off! That 4% interest rates area I marked on my chart (monthly resistant level) is considered by...
Well well well. Some nice bearish divergence is started kicking in on US indices. Let see if plunge protection team is going to help the markets this time. There is also possible H&S pattern on DAX we just need to break that neck. Now grab the popcorn and watch:) I am curious to see how they gonna play this hand out!
Well well well on a weekly chart we can see inside bars so fakey may be coming next. We have only one session to produce that weekly fakey tomorrow.
So in short we have 2 options:
Either we bounce from gold fibo(618) tomorrow or we will drop lower to 1172 area to hit a hot spot (786 fibo +monthly TL). If we bounce again from that monthly TL we...
Everything went as predicted. Now we need to see retest from here. It is fibo 618 + weekly support level+psychological number 24 cents. If that happens we could see XLM going further UP. We also need to see the bitcoin breaking that TR of course.