SeediqBale

SeediqBale

Gold is still falling DXY lose momentum. Wait for Gold to reverse DXY will fall.

SeediqBale

On 0.786 i think is a good oportunity to short. Price is forming descending triangle. RSI is overbought. I expect at least 0.236-0.382 pullback for TP1, TP2 is 0.618 Price could also make just a small pullback and continue up, target 1.272 extension

SeediqBale

Looks like double top. We could see test of 38.2 fib. Just an idea. 61.8 level needs to hold.

SeediqBale

Tomorrow are Earnings Announcements. Lets see where the market go. Trade pullbacks. Overall I think that we can still go to 2300 - 2350 level after trump inauguration. But trade what you see this are just my current opinions.

SeediqBale

Price broke channel, for now I am bullish but if price fall down then I will sell on pullback.

SeediqBale

Price is inside triangle, watch for breakout.

SeediqBale Updated 

Price was rejected from 7000 line. On daily chart (A) is also Right Shoulder of possible Head and Shoulder. On 1H chart price is forming some pattern, there is also good chance for sell. So far looking good. Wait for FED decision to enter a trade

SeediqBale

Almost perfect Bearish Deep Crab waiting to complete. (D) leg is also AB=CD 1.27 extension and on major YEARLY resistance. Price is nicely following channel and bouncing from extensions.

SeediqBale

Possible Head and Shoulder. 7000 is strong resistance. Next week is crucial. Let's see what happens.

SeediqBale

Oil is on YEARLY pivot point, forming ASCENDING TRIANGLE. I think we need to retest 45 one more time. If holds then we could see big UP move.

SeediqBale Updated 

I expect one more push for dollar then its weakening. I have a similar prediction on other correlated USD pairs. End of January, start of February could be a key point for Dollar.

SeediqBale

Just my imagination. I had this in my mind when pair was around 1.322 and now that I've seen price action I went through this pair once again. Also this pair is in correlation with my OIL plan.

SeediqBale

I think that this market is exhausted, must make some correction. In long term can not withstand at this price. September and October are really key months for stocks.

SeediqBale

I am bearish on oil until price 30.00. I think that we are in corrective waves, and also possible Bearish butterfly in the making. If oil reaches the price of 30.00 and holds we could see big up trend, test of 50% fib and 1.618 extension and completion of butterfly.

SeediqBale

This is how I see the current situation, and crazy future plan :-)

SeediqBale

Looks like completed bearish shark pattern. Looks like uptrend loosing power. Maybe hacks steal was the trigger for down trend. On 1H chart we broke 240 MA, made pullback. We are on top of trend line, third attempt. If it holds we could go down.