TReano

TReano Updated 

Long EJ - After ECB and BoJ decisions

TReano

EU - Potential short entry - All the Brexit things caused some big uncertainty in the EU. Other country may follow the example with a referendum. Since there worst thing for a market is uncertainty this should create some nice downside pressure. On top the ECB is getting more and more desperate pumping cheap money into the market to weaken the Euro even more...

TReano Updated 

Pottential elliott wave pattern - BTC - Wave C coming? I like how we sold off when we hit 3000CNY on BTCCNY. Several signals to take profits here.

TReano Updated 

USOIL caped in a triangle for now. Overall it's trading sideways. ways to trade Crude Oil: 1.) Trade the triangle formation with tight s/l above the highs / lows 2.) Wait for a breakout of the triangle with a s/l below the breakout in case it's a fake out. Overall we could go a bit higher but as long as the OPEC is not cutting their oil production don't...

TReano Updated 

XAUUSD - Gold : Might be at the edge of the multi-year bear trend. Formation looks really bullish on the weekly + Daily chart. Watch the "Important area" mark, if it breaks with strength we should get a nice run. Also watching the RSI on the Daily chart for more conformation of a fueled bull run / scalp short trigger. It also confluences with the global...

TReano Updated 

$Ger30 - Dax -Classic triangle formation. If broken to the upside -> bullish signal -Stops should be around the recent lows. Around 9620-9520 depending the risk you are willing to take -First Target to take profits around 10100 ______________________________________________________ With the recent Bank of Japan decision to lower their interest rates to negative...

TReano

GBPUSD had a breakout of the range it was in to the upside. Looking to buy pullback. -First possible aggressive (more risky) entry at 1.455 -Second possible entry at the bottom of the pitchfork channel in the range of the Fib between 1.448 and 1.452 As long as we kinda stay in the pitchfork formation we are good for longs. Targets to watch if we break to the...

TReano Updated 

Watch my other char. I was waiting for a bigger pullback. Taking the risk now. Even thought it shot right through the 0.618 fib. I see this more as a stop hunt / Long squeez from people longing the top. Even if I get stopped out the risk reward ratio is just great moving my s/l as soon as possible to break even, If shit hits the fan I don't want to be part of...

TReano Updated 

UJ / USDJPY : With the BoJ surprise we are looking for forward for some further bullish momentum. Possibilities to trade this: 1.) Wait for it to reach the Fib retracement around 120.46~120.10 to take a long position. 2.)More risky and aggressiv option: If it doesn't reach the Fib levels you could try to get into a long once it leaves the inner Pitchfork with...

TReano Updated 

$SPX500 showing a potential H&S pattern which was broken to the upside. Try to get in at a pull-back. The surprising BoJ stimulus attempt could create some bullish momentum and hopefully mean an end of the recent bearish market. If shit hits the fan and all the QE-programs / low Interest Rates rate stimulus doesn't show any effect leave the sinking boat. But...

TReano

The rejection at 2560 cny (also 0.618fib retracement) is really interesting for a short signal. The currently printing ping should confirm the bearish trend and give us another leg down. 2300 cny has several interesting support potentials. -0.5 fib - Pitchfork channel support from both forks. -Trend line support If we bounce at 2300 we could see finally some...

TReano

BTCCNY The picture we are plotting currently reminds me of the 2014 run after the big decline. People still expect Bitcoin to moon over night which causes a lot of fomo especially because many Bitcoin investors are very inexperienced traders and tend to overshoot. Where will Bitcoin go? We don't know yet. There are more or less clear lines. But for now Bitcoin...