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Zoen_Trieste Updated 

EURUSD demonstrated a sharp movement higher after touching the 50% retracement of its first setup bull leg. It is reasonable to be taking profit around the 61.80% area if one's short or having limit buy orders if one's looking for a pullback trend continuation play. At this point, we've had a measured move lower, some call it a bear trap, and a sharp reversal...

Zoen_Trieste Updated 

USOIL is going though a pullback phase, currently at 50% retracement and at 3.3 days' average price. Bears gapped down the grey shaded area around 6950, as long as the bullish gaps below are still open, bullish continuation has better odds. Upon closing higher than 6950 gap area, entering long with stops below 6920 seems reasonable, 2R-3R targets ahead.

Zoen_Trieste Updated 

This pair painted an engulfing bullish bar after touching the support level and is now seemingly looking higher to test the gap area. Buying here with stops below 1.1520 and looking for 1R-2R targets seem reasonable.

Zoen_Trieste Updated 

This is a potential 61.80% reaction buy setup on the 240 min chart of light crude oil futures for the delivery month of November 2018. It will be a $1.5k risk per contract to have a stop beneath the previous gap highlighted in blue. Upon closing higher than the area highlighted in red, a test of previous supply area around 7100 will have increased odds.

Zoen_Trieste Updated 

EURUSD saw the anticipated bounce to the 1.1800 area. The pair is now forming a pullback pattern on the 240 after achieving a measured move on the "BC" corrective leg. Potential pullback long entry area around 1.1620, stops below 1.1550 and 1R-2R targets ahead.

Zoen_Trieste Updated 

Crude Oil is building bullish momentum after touching the 150 day EMA. The complex pullback pattern took longer to materialise, perhaps because an extended accumulation was taking place. At this point, this pair seems to be looking higher, the daily/weekly/monthly charts are showing bullish signs. The monthly bar, if closes at current level or higher, will be...

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BTCUSD seems to be in a pullback phase of its second setup bull leg . The first bullish impulse leg got retraced around 85% , same retracement level applied to the current bullish leg lands us around $3200. Judging from the previous behaviour of this pair, if its historical dynamics are repeated, the ultimate demand area can be expected around $3500-$4500 . If...

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DX is seemingly in an overextended bullish impulse leg. Fading short entry here would be premature. Waiting for the next weekly close and entering short if the close is bearish would increase the odds. Trading profitably, the higher TFs in particular, requires a lot of patience, sound risk & trade management techniques coupled with a clear understanding of...

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CLV2018 is seemingly in an attractive buy area and demand is flowing in around this triple bottom after a hard selloff earlier. A break lower would result in a swing break and have long lasting effect on this pair. There's a Wyckoff's spring bar on the 4H that is almost complete. Signs of bullishness picking up are evident. Buying current area with stops below the...

Zoen_Trieste

EURUSD has been going through an extended complex pullback pattern on higher TFs. It seems another bear leg to 1.1175, the FIB 61.80% retracement level, is becoming a probable scenario. Selling short to 1.1175-1.1250, covering and flipping long is the potential setup. As always, managing risk is the most important part. Fractional risk of 1.5-3% approach is the...

Zoen_Trieste

USOIL went for a deeper correction and reached 61.80% retracement of its setup bull leg. Bears look very convinced at this point and going lower here could initiate a swing break that would put a lot of pressure on the longterm bull trend. Judging from previous behaviour, market inertia should take hold here and demand should be flowing in anytime. Higher TFs are...

Zoen_Trieste Updated 

USOIL just saw the anticipated correction to 38.2 FIB level of its impulse leg. The previous setup leg fading trade is closed and building long positions from here seems reasonable. However, theres a possibility that it'll see another round of selling that can potentially take it down to the 61.8% FIB level around 6805. Judging from previous experience with oil,...

Zoen_Trieste Updated 

USOIL extended its setup leg 128% and is now seemingly ready for a reaction leg towards the 38.2% retracement point of the setup leg. Today is an event day, volatility is expected to pick up, however selling 128% extension with stops above the high of the setup leg and looking for a 38.2% reaction seems reasonable.

Zoen_Trieste

EURUSD has almost reached 61.8% retracement of its setup bullish leg. Demand is expected to enter around this area. Limit buy orders at 1.1630, the 61.8% retracement area, and stops around previous low of 1.1528 is the trade setup. The context to the left of the chart is quite bearish, making this a lower probability reversal trade with a decent reward for risk....

Zoen_Trieste Updated 

Gold extended it's bearish impulse leg into high 1230s, the move is seemingly reaching a point where sellers will want to take profit and will have to become buyers and this will potentially attract new demand and propel the price higher. However, any trade setups against the main trend are especially risky and require tight stops. Buying 1240 with 1231 stops and...

Zoen_Trieste

USOIL has achieved a 61.80% retracement of its impulse bull leg on 30M and demand is possibly coming in at these levels. This is a lower probability higher reward for risk set up and needs to be approached with proper risk management. Targets of 3R are around the measured move area.

Zoen_Trieste

USOIL, as stated in earlier ideas, went parabolic these last couple of days. It seems many sellers' stops got caught during this move. However, higher TFs now show a healthy trend continuation patterns evolving. At this point, there was a failure test below previous psychological high and now this market seems ready for a pullback formation before another bullish...

Zoen_Trieste Updated 

EURUSD is has been trading lower along the supply line these last months. At this point, some demand is expected to enter this market, there is a triple bottom support area around 1.1515 and the overall trend seems to be overextended. There hasn't even been a pullback to 0.382 of the setup bear leg. Long entries around the triple bottom area with stops below...