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Pivot

USD/JPY view for this week, possible BEARISH breakoutRising Wedge on H1 was created last week and finally broke out today and bounced to a major resistance zone . Watch price action for possible bullish breakout or drop to S3 pivot . My view is short term sell scalp until S3 pivot and will closely watch the price action along that pivot . If this chart helped at all, leave a like or follow. I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA. DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA. Good luck to everyone!
Short
by pjgonzales
Fib Analysis on Crude OilGetting this chart up for a long entry at $45.41, based on the 50% retracement holding at $44.68. Based on the prior scorching downtrend, really wanted to make sure that this held first. *My fib retracement tool is reversed to show extension levels* Take profit: $49.33 Stop loss: $43.75 Floor trader pivot gave support on S1 at around $42.50-$43. Someone pointed out to me that the larger month-based floor trader pivot has S1 marked at right about $45, creating multiple support levels across multiple time frames (always the best trades to take). I am always starting on the macro 1w and 1d charts before drilling down into the 4hr, 1hr, 30min charts. Oversold conditions for a while now, and some other qualitative factors make this a viable short-term long entry.
NYMEX:CL1!Long
by MrDiamondHands
EURUSD WATCHING MONTHLY PIVOT POINTThe euro has made another recovery higher against the US dollar, after finding strong dip-buying interest from the 1.1323 support level. The EURUSD continues to create higher price lows and is now trading back above the pairs monthly pivot point, at 1.1345. The short-term outlook for the EURUSD remains neutral until a clear breakout from the 1.1300 to 1.1400 price range has occurred. The EURUSD pair is only bullish while trading above the 1.1400 level, key technical resistance remains at the 1.1470 and 1.1500 levels. If the EURUSD pair trades below the 1.1300 level, sellers are increasingly likely to test the 1.1270 and 1.1216 levels.
by OctaFX_Official