Good fit mirror fractal H&S, and fundamentals fit.
It hasn't felt like an up-channel the last few days but that's what it is
Not sure if this will work, so the trade is a limit order, sell 19530 SL 19600, TP 18850
Very strong match to Feb-Aug 2016, compressed gives you a map for the next four weeks. Suggests recovery from 50% point. Buy 1.0583 SL 1.0530 TP 1.0750
The $DAX expressed in USD has been in a parallel channel for over a month. Overlaying price action from Dec 23 (we are now at late Dec 29) gives a continual upward trend.
People focus on $XCUUSD as being a proxy for $AUDUSD, but iron ore is equally important. Note how $ITI is leading the Aussie here, so go long $AUDUSD
$TSLA is running strong and has formed a cup and handle. It is overbought, but that hasn't bothered it before. It's also at the 38.2% fib, but look at the chart, there are no clear previous fib touches. This is a momentum stock, and I'd buy it TP 234.40, then 61.8% point, if not further.
Expect a pullback and then another attempt at the high.
Both point to 960 after a pullback to 805. Heavily overbought at the moment
How about this, down into earnings (W4) then up to previous high (124.00) whilst staying in parallel channel.
Implies a sharp rise in $EURUSD next year.
Suggests a fade to 1.2560 then up above previous high
Can't find any bearish flags to suggest a further fall, buts lots of U-shaped moves, suggesting a move back to 1.27. Also note 50% fib.
Parallel channel, bull flag and 5 waves. Also mirrors price action late June, see my longer-term fractal.
FB hasn't done well since the election. Looks like a DT to me running into earnings Jan 25.
Simple overlay of price/action from Sep 2015. We shall see.
I have overlaid USDJPY since Nov 11 onto DAX since Dec 6. The match is good, and gives a projection for DAX next week.
Follow the pre-Brexit into current price/action gives you a little bit more recovery, say 1.30, and then another 15c crash as we hit hard Brexit before March 2017. Just a fractal - the fundamentals have to happen as well! This does NOT conflict with my short-term long post.