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Fibextension

LONG CHANCE FOR USOILAB 1.618 Extension and AB=CD Strong left structure Observe the bullish price action when it retrace 42.48. There is chance to LONG USOIL at this support level. Stop loss is below 40.90, maybe 40.70. Target point is 51.00 ------------------------------------------------------------------------------------------------------------------- You can also SHORT USOIL with light position at 46.18 since it is the 1.27 Extension of AB STOP LOSS is 46.9 Target Point is 42.48
FX:USOILLong
by quantafund1979
2
GBPAUD: Buying Opportunity (H1)Hi Trader, Thanks for checking out this trade idea. I appreciate the thumbs up! Here we have a valid 2618 trade setup on the Pound/Aussie. See chart for entry and exit points. As I have noted on the chart this is a double bottom, I am therefore looking for a pullback to the 61.8% for a buying opportunity. I trade the 2618 aggressively, as such my orders are already placed. Remember, trade your plan, and if you don't have one, fix that today :). Wishing you good trading, Luke
Long
by Beebags
EUR/USD BAT PATTERN "PLUS" SHORT OPPORTUNITYHi, guys. In this great trading opportunity I would like to share you my CTS. Hopefully this can give you a valuable insight and help you to add some more considerations to your trade plan. CTS : 1. Bat Pattern Completion (4 Pts) 2. ABCD Pattern Completion (2 Pts) 3. HT Resistance Zone (2 Pts) 4. 1.382 Fib Extension (1 Pts) 5. RSI Overbought (1 Pts) Total : 10 Pts That was enough for me to take the trade (above 6 Pts). I decided to Take Profit at 1.11731 right at struce, and put my SL above the HT Resitance Zone at 1.15126. What do you think guys? Feel free to show your interest and comment to share your thougts, really appreciate it.
Short
by FedroChristian
2