NLVince

NLVince

USDCAD has hit a major resistance area. Upon reversing it could form this head and shoulders pattern on daily chart.

NLVince

Pretty interesting correlation between the Nikkei and gold. A rounding top is being formed on the Nikkei. When the Nikkei drops gold will most likely rise due to the correlation with the Yen. This idea supports my other gold ideas.

NLVince Updated 

I think gold will first be bearish due to the large red weekly candle. However, due to the first weekly close above the trend line I don't expect it to break 1244. Instead I think next week's candle will close as a hammer candle.

NLVince

Oil formed a descending triangle on the hourly chart, this could indicate a trend change. Sell on break tp 47.76 (38.2 Fib). SL just above the triangle.

NLVince

The trader sentiment for gold is pretty bearish after last Friday. To me this sounds like a perfect opportunity to trap some bears. In my opinion gold is still bullish as can be seen in my previous gold chart. Trade safe everyone

NLVince Updated 

Chart says it all. Upon rejection short with stop just above the trend line.

NLVince

USDJPY in falling wedge pattern at day chart whereas XAUUSD approaches monthly trend line. Will be looking to short XAUUSD from around 1280 and long USDJPY in 108ish

NLVince

Four trendlines meet at Friday the 20th of Januari. I'll be looking for a short somewhere in that area. It could get a bit messy so careful if you're going to join me. Target 1.00 SL 1.09

NLVince

US30 has reach the lower side of the uptrend tunnel. Possibly another test of 20k or retest of the weekly trend line. If it breaks the weekly and forms a flag it could be time to sell the giant. Otherwise we might see 20k+.

NLVince

Possible retrace to trend line and more up to be expected

NLVince

Dax will most likely go to 10100 with a pullback to 10300. The winner of the elections will probably determine the direction afterwards. Trump will most likely cause it to go to 9700 area whereas Clinton cause bulls to enter the arena.

NLVince

I think it will follow the trend lines as drawn till it hits the major one that formed at 123.500.

NLVince

This is my first ever chart so bare with me. Buying volume has decreased and profit taking is underway. First level to hit 23.6% Fibonacci or 10584. Next 38.2% which will cause buyers coming in and at 50% lots of buys underway. If that doesn't hold it could go down way further. If it holds bulls will regain their control of the chart