MathiasLindebergKristensen

MathiasLindebergKristensen

For many days the bulls have tried to take the price higher after the big red bar, and have failed, closing at the low for each day. I suspect that if we get down below the lows that the bigger downtrend will continue, possibly with an explosive move, since the long stops would be below the past couple of days lows. Stops above previous days highs

MathiasLindebergKristensen Updated 

From the looks of it this pair is going higher. Stop loss will be below yellow support area, so there is good R:R on this trade.

MathiasLindebergKristensen Updated 

Does not look like the price can penetrate support line, and may bounce up from here. Small risk

MathiasLindebergKristensen

UK100 Have gone below support line at a moment where i also see a Head and Shoulders forming. Potential short if neckline is broken. Can either put pending order below neckline, or wait for break and retest to enter.

MathiasLindebergKristensen Updated 

As seen in the chart, we have oversold, and what looks like bullish sentiment in the macd, as the 2 previous days low has not been lower than 3 days ago. Together with the possible wedge pattern and the historic resistance from far far back (horizontal line), this creates a low risk buy setup, for potential upside. I doubt it will go as high as the second green...

MathiasLindebergKristensen

Have a sell order for this pair just in case it made a false breakout of the wedge. RSI support shorting aswell, but there is not much else supporting shorting atm

MathiasLindebergKristensen

Overall trend is bullish, but as seen on macd, the oil is losing momentum, which may indicate reversal, or just consolidation before more upside.

MathiasLindebergKristensen

All in chart. Overall downtrend in this pair, however this is not the most clear pattern, and can obviously fail.

MathiasLindebergKristensen

could see further downside monday, and coming days. Overall trend is bearish if we zoom out to weekly chart. Structure gives us oppurtunity to have a tight stoploss compared to potential tp.

MathiasLindebergKristensen

This doesnt really qualify as a low risk trade, but we could see a potential double top here, and maybe a breakout of the triangle. If breakout happens to the downside, which is indicated by todays close and RSI overbought, TP would be at horizontal resistance, possible lower.

MathiasLindebergKristensen Updated 

Wee see a possible double top forming, indicating strong resistance in the yellow box area. A sell in that area would have been good, however it can still be safe to short around current price for a possebility to go lower. Take profit level might be better or worse than what is shown as that is just based on prior low.

MathiasLindebergKristensen Updated 

We see the retracement touched the 0.382 fibonacci level, went up, and could maybe come down again now to retest, potentially for a double buttom before going up finishing c wave.

MathiasLindebergKristensen

Will watch for what happens in coming days, but if price breaks down under horizontal resistance we could see it fall further. Furthermore we see that the price is stuck under the 0.618 fibonacci level, which dates all the way back to the bigger downmove from mid 2015

MathiasLindebergKristensen

Everything in chart. Wee see multiple rejections at the same price range, which is also the 0.382 fib level. Depending on whats happening with price, TP can also be at 0.618 level, but that will decrease R:R ratio.