alexander.backes.7

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Last visit Joined 2 years ago
Markets Allocation
87 % forex 7 % commodities 7 % other
Top Mentioned Symbols
EURUSD 86% | 13 USOIL 6% | 1 CL1! 6% | 1
alexander.backes.7 alexander.backes.7 USOIL, 30, Long , a year ago
USOIL: Nice ascending triangle on the 30min chart
40 0 0
USOIL, 30 Long
Nice ascending triangle on the 30min chart
We got a nice consolidated ascending triangle forming, that when it break it should go upward. probably if i had to guess the next eai report wll be the break out of the triangle.
alexander.backes.7 alexander.backes.7 EURUSD, D, Long , a year ago
EURUSD: Falling wedge on euro
30 0 2
EURUSD, D Long
Falling wedge on euro
It looks like there is a falling wedge on the euro. If around the end of august we break from the wedge, expect the dollar to finally fall and euro to rally. Bullish for commodities.
alexander.backes.7 alexander.backes.7 CL1!, M, Long , a year ago
CL1!: Oil at key area
88 0 2
CL1!, M Long
Oil at key area
Going back to 1999, there is one last great support around 46.75, if it can bounce off that I believe we will be bullish again.
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