Oli_F

Oli_F

Third attempt to short the always higher index ! Price broke the late ascending channel (+ already show a retest). I expect the upside to be contained by supply circa 1,800 target 1 = first demand circa 14,400 I eventually expect further bearish move below this zone as risk off sentiment extend.

Oli_F

EURAUD has entered a supply zone and shows sign of reversal. Entry =< 1.5610 target towards the lower resistance of the channel eventually

Oli_F Updated 

AUD is forming a bear flag following the recent downward move, and is now approaching a resistance zone. I expect AUD to be capped by the median line of the main channel and to target the lower band of the channel. Watch for reaction between 0.7585-0.7620. Conservative entry: wait for price to enter the resistance zone first and trigger trade once price < 0.7585 again.

Oli_F Updated 

WTI is reaching a significant weekly supply zone with sign of RSI divergence. Bias to lower levels towards 68 with likely bounce on the lower channel support. Further upside towards the upper resistance channel first remains a possibility.

Oli_F

Previous setup published worked for the aggressive entry but price bounced from the lower support of the wedge - the conservative entry wasn't triggered. New setup updated as a triple Higher High has just formed while the RSI divergence remains. I expect the lower support of the wedge to eventually breaks this time.

Oli_F

BTC is re-testing the support of the descending channel it broke few days ago, in confluence with an historical strong support zone. Buy opportunity if BTC closes above 30,800 stop <= today's low

Oli_F

NQ is showing an RSI divergence within a wedge formation, offering short opportunities. - aggressive entry on a break/close below 14,165 - conservative on a break/close below 13,960 - target1 = 13,780, target2 = 13,500-13,600 area - stop on a close above 14,300

Oli_F

HTF view of EURAUD highlight price reaching support of a long term bear flag, at confluence with a Price Pivot Zone at 1.55(blue line). Potential acceleration to the downside once both level will be cleared offering opportunity for a swing trade. But in short-term, CAUTION. Possible upside reaction at such strong resistances, in line with my view for some...

Oli_F Updated 

S&P may have reached a top near 4,235 offering opportunity to sell. target 1 = 4,158 target 2 = 4,098 will have to assess price action as we progress if we are looking for a new low below 4,040 further on.