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About me Working as trader at a broker firm in East Europe with five years of trading and international capital markets experience. I specialize on forex and commodty markets.
Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
USOIL 50% | 1 NZDUSD 50% | 1
duderino duderino USOIL, D, Short ,
USOIL: Bearish Gartley/Butterfly Formation
33 0 3
USOIL, D Short
Bearish Gartley/Butterfly Formation

With increasing # of US oil rigs and subdued global oil demand, I am expecting the retracement strated from 40.00 to lose strength between 46.00 - 45.00 area and eventually another leg down towards 40.00. This formation supports my idea on technical side with a caveat; the price could go little bit higher and turn gartley into butterfly thus manage your ...

duderino duderino NZDUSD, 240, Short ,
NZDUSD: NZDUSD Bearish Butterfly
26 0 1
NZDUSD, 240 Short
NZDUSD Bearish Butterfly

More easing bias from RBNZ and perhaps direct NZD selling prospects on the fundamental side and bearish gartley formation on the technical front implies a good short opportunity.

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