chartreader_pro

chartreader_pro

Buy at the breakout of the flag and the descending channel. Wait for a clear breakout. Levels as described on the chart

chartreader_pro Updated 

The area of the entry and the targets as described on the chart

chartreader_pro Updated 

Shark completed at D. Targets as described on the chart.

chartreader_pro

Area of the short entry starts at 1.27560. Good Luck

chartreader_pro Updated 

Holiday and most of the markets are closed. Just a technical study on Gold

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Fundamentals: * According to the latest GDP data released last week, New Zeland’ Anual Growth eased from 3.2% to 2.6%. Markets are forecasting a 25bp cut in the Official Cash Rate in November 2019. ** NZD is under bearish pressure as a commodity-linked currency - see attached NZDUSD Forecast for the details - *** Yen gets demand as a safe haven. ...

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I have published my longterm DAX forecast 8 months ago. SHS pattern has not worked as I anticipated. However, another SHS pattern completed later. My target was 10.400 and we have reached the target.- see attached forecasts- The global sell-off continues on equities, stocks, indices and commodities. The megatrend has been broken on DAX30 Index. Issues like...

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The year is almost over. Lack of liquidity in the markets. Risk of Volatility. Our last call was short at the breakout of the triangle. The Pair completed the bearish triangle breakout. The target of the pattern was 80 pips according to the Measured Move calculation. The formation worked almost perfect as described in the books and dropped 80 pips. The pair is...

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I will not dive into fundamentals in this analysis as they are the subject of my next DXY forecast which I will publish in the first week of 2019. DXY recovered its losses on Friday and ended the week at 96.95 just below the 97.05 resistance. Let us put the facts at the table: 1. DXY is trading in a Bullish Market. 2. Trend reversal level may be set as “firm...

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Our midterm USDCAD long trade reached the targets - see attached - We will look for a short opportunity as described on the chart. Our Area Of Short Entry: 1.36710 - 1.37815 Targets and Stop Loss will be set later. Tools and Calculations Used for the Short Entry: Conflicting trend lines _ Monthly / Weekly - Zig Zag lines readings Bearish A Leonardo...

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Intraday Long reached the first target. Short opportunity at the second target Bearish Max Gartley

chartreader_pro Updated 

Long opportunity at the potential breakout.

chartreader_pro Updated 

Levels as described on the chart

chartreader_pro

Short at 1.26400 Targets as described on the chart

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Wait for the breakout to buy. Levels as described on the chart

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Targets of the pattern can be modified according to D - completion of CD -

chartreader_pro Updated 

Chinese Data released last night does not meet the expectations: China’s industrial production growth slowed considerably in November – increasing by 5.4% yoy (compared with 5.9% in October).” China’s nominal fixed asset investment grew a little more slowly in November. China’s retail sales growth edged marginally higher in November – to 5.8% yoy (from 5.6% in...

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H4 Chart Time Frame Levels as Described on the Chart