BitterSweetMarkets

BitterSweetMarkets

Falling wedge on the daily supported by indicators that a squeeze is in play. Waiting for a buy signal to go long.

BitterSweetMarkets

Worth watching this pair for a buy signal, could see further upside although still very bearish, coming days will tell !!

BitterSweetMarkets

Based on Technicals, we could see a sell off.

BitterSweetMarkets

A break either way can occur, i will be looking for confirmation with a close at the top or bottom of the yellow box on the daily chart to determine direction.

BitterSweetMarkets

My preferred trade is to go long here with an entry just above .8500 with a target around .8700. and a stop loss just below the trend at .8430. Alternatively the short trade would kick in around the .8430 with a 1st target at .8390 and a second at .8300.

BitterSweetMarkets

So far the fib levels are working a treat...A break below the 50% should entice the shortsters to get involved...

BitterSweetMarkets

Overall corn is beginning to look weak, this outlook is derived from chart patterns and a resistance zone which appears to be reliable..However as always stops are a must !!

BitterSweetMarkets

This idea suggests shorting wheat at .680 despite retail trader sentiment being 97% bullish..Findings purely based on Technicals.

BitterSweetMarkets

Good Friday happen to close at this important zone..My preferred trade is to the downside.

BitterSweetMarkets

A Break and hold above 12600 could expose 12900 area.

BitterSweetMarkets

Although a rising wedge is a bearish reversal pattern i will be Long at the eclipse...

BitterSweetMarkets

Buy on breakout of upper trend line after daily close. Expect throw backs to trend line.

BitterSweetMarkets

For confirmation short below lower blue trend line of the rising wedge.

BitterSweetMarkets

Weekly Cup & Handle..Double top..

BitterSweetMarkets

Dual support at 9950s area

BitterSweetMarkets

High probability area for Long entry 11230/60 zone.

BitterSweetMarkets

Short at resistance 108 EUR/USD

BitterSweetMarkets

A pull back to the 23.6% fib level would provide an excellent opportunity to go long (value area) however above the 38.2% fib level exposes our next target 1212 before going onto good resistance at 1230.