30
Crude Oil looking for direction.Crude oil is looking for direction and is in a trading range at this time between 50.00 and 43.00. The 50% retracement of the 2016 long leg seems to be holding for now. It is possible if that price holds that we see the yearly high again at the least. However, price could power through the 50% level and move to the 70% level just under 40.00. At this time it is hard to get a good understanding of direction...it is best to stay "neutral" and take conservative profits until a better understanding of direction can be clearly understood.
DAX short just wait a little....I still believe DAX is short but due to elliott counting, there is a open target on the upside.
(i changed the count, look @ the chart)
AUDJPY: Potential Bullish TrendFX:AUDJPY
All this is my first Forex chart post. Please let me know how I did.
Get in 77.810
Exit at 78.400
Short the S&POverbought S&P500 + negative divergence. Declining volume with head and shoulders forming.
waitting chance to long Ger30/DAX30because of last European central bank rate decision. The up channel of DAX30 has been break out . looking for further down side until 9200 . Personally i will long DAX 30 around 9220 and the target would be 9482 .
GBPUSD, 30m, Supply / Demand Levels (Short)Drawing Supply and Demand zones we can see a clear small bear trend for the intraday. If you are looking to short, it would be ideal to wait for a retest of the last supply zone. Entering around 1.55945 with a SL near 1.561 within 10 and 20 pips of your entry. Targeting to take profit near support at 1.555
Gartley Pattern, USD/CAD, 30In order to recover from my loss on USD/CAD, I have found a Gartley pattern in the market at around 1.20090. this pattern looks pretty strong and i predict that the market will reverse to the 1.618 extension of the BC leg of the Gartley pattern. I have placed my short as high as I would consider the pattern effective, and my stop at the top of the Garltley pattern. Obviously my limit is placed at the 1.618 extension of the BC leg, leaving us a roughly 2:1 risk reward ratio. if the market rallies higher than the stop, there is a chance for a deep crab pattern, so check back in for a market reversal. As always, don't forget to like, comment and follow. Good Trading!
