We are correcting little bit, and the order @ 128.17 looks in sight. For new positions SELL only @ 130.00 above for now, and add @ 131.40 above. Take back orders my side are: 35% @ 128.17 30% @ 126.97 balance 124.67.
Objective of 950.-975 has been reached and for now we stay out of it. the chances are we may see little higher further, but would not run after it. Rather we seek sell levels now. I will update you once I feel it makes sense.
The short @ 103.40 is working and we are correcting further towards 101.67 first stop and then consolidation is likely. Objective overall is 100.75. Strategy is SELL @ 103.00-103.20 and not lower then that.
The stop-loss $ 1,925 still protected. The overall view no change. The daily chart has support $ 1,850 area. The weekly chart as you observe, has a large pattern top and it shows we have potential testing $ 1,800. The selling pressure still there, even though we moved from our suggested entry 1,860-1,865. For now keep stop @ 1,925 and if done we watch and sell...
I am still convinced it is a sell, and stop 23.25 was reached... that is ok... the pattern it self and selling pressure still exists. For now still sell strategy. Therefore, strategy is SELL @ $ 23.60-24.00 and stop above 25.20. It is medium-term view now. Objective still 21.50. Hope better luck this time... :)
The DXY is turning downwards. The kagi suggests we are going to move back towards 100.75 or lower. The selling pressure is starting to build up and we crossed slightly. For now feel we SELL current 103.30 - 103.50 and take profit 101.25 for now.
Even though BTC is Medium bearish (if neckline broken), the short-term chart suggest we should be moving little higher again. The buying pressure is starting to build up again, and this might give room for a move back towards $ 44,500 area. For now BUY @ 38,500-39,000 and place stop below $ 36,000 which is also the trend line support and is the trigger for a sell of.
The pattern looks good for a move lower with limited upside risk for now (unless something drastic will happen). The turning of buying pressure is changing and we are peaking on that front. This suggests the following strategy: SELL current 4.44-4.45 and place stop-loss above 4.60. The profit order can be somewhere 4.25 or lower. I see in fact larger adjustment...
The pattern looks terrible for Coffee, and it starts feeling like a move towards $ 160.00. We are starting to pick up on selling pressure and Kagi is breaking downwards. I feel selling @ 220.00 area and stop-loss $ 245.00 and profit order @ 175 would be the set-up.
We are slowly or rather grinding upwards. The buying pressure is not strong, and flattening. The Kagi shows we are moving upwards and likely we will see $ 230-240 area in near term. For now BUY current $ 210-215 and place stop-loss below $ 185.00. Profit @ 245.
No change in view. I am expecting sharper down movement coming days. BUYING pressure is reducing and we are overextended. Strategy still SELL @ 130.00-130.40 and add further above 131.40. Profit orders are depending to your positioning. Mine are: Buy-back 35% @ 127.98 30% @ 126.87 baance @ 125.37.
It looks great opportunity buying at current levels. The selling pressure seems ending a bit and we might move into positive waters. Strategy is therefore the same, BUY @ 1.2480-1.2500 and take prfit @ 1.2867. Add below 1.2420.
I am not feeling confident for GOLD to maintain it's current level We have broken through a good block earlier around $ 1,900 and it suggest we may see lower level $ 1,800 test in the week to come. The selling pressure it still there, even though it is starting to feel oversold, it still may have further room down. I suggest SELL current $ 1,860-1,865 and place...
It is fun looking at different ways of analyzing market. Using Kagi is a good way to see what the moves has been and where it likely can go. The pattern still within a triangle, and combining the state of market, BUYING pressure still exists on OIL. For now I am neutral with but inclining to go LONG current levels. The move higher is possible with positive...
We are likely going to push through 22.00 this time, and will end-up seeing around $ 21.50. The buying lower 22.05 did not happen, and I feel its not going to go north much at all. For now SELL current $ 22.60 and place stop-loss $ 23.25. profit @ 21.70 for now.
We have declined close to my buying point 22.05, but only reached a low of slight above 22.15 I think. Now we are at a cross-road, and the buying and selling pressure are equal. Based on our downside attempt, and also way below the cloud, it starts looking like we need to buy for a correction. I am neutral, but still feel we should have the following strategy....
Any time now it will decline sharply is my personal opinion. The buying pressure is reducing and the pattern is looking it wishes to topple. Further, we are way overbought, and also in terms of FIB corrective action we will likely see 125.04 in the coming weeks ahead, and short-term 127.49 as first stop. Strategy unchanged, SELL current 130.00-130.40 and add...
I feel we may have to move upwards towards the GAP resistance near $ 245. The selling pressure is slowly turning into buying mode, and this is seen on the indicator below. We are slightly inside cloud (tiny) and I feel it's a sign we may move into it. It is not confirmed of course, but am combining shape and possibilities, and think we may see $ 245 test....