skrotkalle

skrotkalle

Not sure , but if it holds on here 10648 , I can notice we have a clear HIDDEN bearish divergence, that could come in play now >>> to the downside. Put a SL above that level, for a start.... and move the SL down, when posible. Not an easy task , so let's see if it could be any good.... That 4h-candle was not finnished, for another 2 hours.... but I did choose to...

skrotkalle Updated 

It looks like it can come a turn up in USD soon, based on that bullish divergence in momentum 60min-chart. FIB 0,75 , and fib.ext 1,618 at level low 94.....

skrotkalle Updated 

Observe if USD is climbing up in this fork, coming weeks.... So far we maybe have a bullish divergence in momentum.... it's not a perfect divergence, but I think it looked OK in a 30min chart..... so we try it from here..... I give it a try, if it fail, ok then it's ok too..... I'm not trading it, just monitoring, because USD is an importent factor for other trades....

skrotkalle Updated 

Fib 1.618 at 92.684 can be a turningpoint for up ??.... watch priceaction, candles, wicks, any news that could be bullish for US-dollar coming days/weeks in May now.... Also oil and metalls can give some dowm-movement then.... Evt upside.... ?.... have fib 0.5= 96.580 and fib 0.618= 97.500 >>> blue box...... Notice the bullish divergence in all three indicator's...

skrotkalle Updated 

It's not easy to pick the top, but soon it will come some correction down....

skrotkalle Updated 

Bearish divergence in RSI and MACD....

skrotkalle Updated 

Maybe we will get some dawndraw in oil now coming days/weeks, same time as USD/DXY is picking up some >> 96-97. And nobody will decrease oilproduction, so the fundamentalse should favor lower oilprice. Some bearish divergence in RSI , Fisher, Stochastic..... TF 30min One can also wait for more confirmation, see it really cross down, the blue upwardline...

skrotkalle Updated 

Bullish divergence i RSI and MACD, should give it the lift in the start at least... TF30min...

skrotkalle

Maybe this will be the scenario comming days..... :)

skrotkalle

I'm still trying to use the ABCD bearish Butterfly-formation ( I don't know the absolute exact use off the measure, the distance between the legs), but have a sense of coming lower for now.......... maybe >>> 1850......or even lower >> 1837..... we'll see... :)

skrotkalle

I'm trying to use the ABCD bearish Butterfly-formation ( I don't know the absolute exact use off the measure, the distance between the legs), and in combo with the small inverted HS at the bottom. I'm taking a very close look at the area 1872-1875, think it can be some resistance there...... If I get som bearish divergence, in MACD and RSI and other indicator's,...

skrotkalle

Maybe we will have next move > 1900, and then it will break down > 1873 >> 1810 >>>1795 Please, give me some comments on this. My first chart here....... and I am an amateur from Norway.... :)