Weekly Chart I'm watching this chart for a fade in the future. A serious run up, caught some upside on this one. previously post.
Watching...simply watching. Note: how the HeatMap indicator can be a potential confirmation, instead of divergence.
Bye Bye Oil, look out below! @ daily 200 EMA @61.8% Fib level after a break below.
I put this trade together. This market is burning people out. Textbook bubble formed. 1% risked 2:1RR -Happy Trading!
I'm seeing a bearish flag building here. ya dig?
If copper is an indicator...look out below. You guys know I am a contrarian. 2:1 RR 1% Risk. Rinse & Repeat.
I won't be in this trade, but if there is more downside (Asian Session) starting soon, I would think it will drop from this level. I see USD strength this week, but not fully convinced yet. Maybe it's all tying together... Buena Suerte!
I have been waiting for a clear signal for USD strength. I think we have it here. Engulfing candle pattern right on a trendline and support areas. I am long USD. This is actually just over a 3:1 RR, let's see how far we can go.
Bearish Flag? Divergence on the daily chart. Doji on 6 hour chart. It's just so darn pretty. I'm short. "What is from the Earth is of the greatest worth" -Bob Marley
Just saying. I'd expect a little whipsaw before it takes off again.
I see downside and weakness here. Price has tried to break but has been beaten back. I am short. 2:1 RR - 1% risked. Notice how price has settled at a level of 61.8% Fib.. significant.
I posted this in my group earlier...here is the pullback, still a bull! USD strength this week.
I have been reading the marco drivers on it's run up and the marco on why I think it will drop. man oh man... serious momo behind this commodity. Ok, now at a pivot point, previous resistance, for an engulfing on daily. heatmap indicator overbought all day. 2:1 RR 1% risked. Off the top of my head... I have had a couple great wins with this bean.. then a few...
Still a couple days in September to make this a fully engulfing candle. What do you think? Monthly Chart
Let's try this again! Short. Nice Shooting start on the daily... 2:! RR 1% risk.
I have a Bearish Flag showing...trade safe this week! You can see where I have tucked my stop, using a key Fib level. 2:1 RR, 1% risk.
I have laid...it...out. 1.6:1 I would be quick to scale out of this, could just be a pullback to further upside? be a Baller.
I was asked about this chart and the technicals look great! Obviously this is a longer term play, but look at those areas of interest.