CromerKing

CromerKing

Possibilities for Oil 1.42% looking at previous structure and current trendlines. Already comeback to test the pink line triangle so will it continue up?

CromerKing

Simple bearish trend channel. Great RR. i'd only trade to the median line as that could be a test point to take off. Can always leave a runner if you want. Overall I think EU is bearish.

CromerKing

Simple descending trend channel. In the background the RBNZ have publicly stated they want it to fall and are likely to take action to do that. Wait for PA to touch the upper channel then short for great risk/reward

CromerKing

Price action been falling steadily but it's about to meet a rising trendline on the daily so could see a bounce here. Nice easy trade in terms of stops and targets. Stops below the round 1.8 number as that could attract PA like a magnet

CromerKing

Simple short opportunity as the price action come up to meet the trendline again and hits an entry for a cypher pattern.

CromerKing Updated 

Pretty much as the title says. We're up to the major downward trendline. Current market conditions can easily mean this thing ploughs through and on up but technical is technical and we are where we are. Great opportunity with minimal risk. Personally i'd like to see a new step down to around 900 even 800 for some long term buying opportunities, will we see it?

CromerKing

Simple trade (just he way I like them). We'e seen a sharp decline in the UJ and will we see it continue? Be aware of any BOJ intervention here but that aside I think we can see more downside.

CromerKing

What is says in the title really. Looking at trend lines and structure support and resistance levels. Potential for a harmonic move upwards at the moment. Let's see how this plays out.

CromerKing Updated 

I have a bar counter indicator I use and 8/9 bars is normally the max before some sort of change, if only for 1 bar. USDCAD now at that 9 bar level but we all know why. Also noticed the harmonic move at this level too. Might see 1.45 before any move the other way but it's worth keeping an eye on.

CromerKing

I've shorted here as PA touched the major upper trend channel line but publishing this to look at what might happen in the future. Very much 'if then'. I am bearish bias whilst it's at this level a break upward providing it's not false might change that. We may get stuck in a triangle pattern bu that remains to be seen. You can argue we are already in a triangle pattern.

CromerKing

Price action has rapidly declined and up until now there's not been much to catch that falling knife. We now have reached a nice area where we have some key dynamic trend line supports and right into previous support. A mid / longer term trade but am publishing it to follow it.

CromerKing

I've paused trading the DAX but can't help [ but notice it's price action on this rising trendline on the daily chart. Break below this and things will surely get interesting. At the end/top we have this triangle pattern.

CromerKing

Been watching this for a few days now. Price action has hit and creeped over the upper trend line but not enough to call it a break. We have a 3 push setup and I've noticed a cypher pattern completed already too. In addition I also like the wicks that PA has left, proving patience pays. Great time to short this pair with great risk reward. For targets the 38.2...

CromerKing

What it says on the tin, nice and simple

CromerKing

Using simple trend lines it's reached the top and now it's time to retrace at the very least and go further perhaps. Up until Draugi speaks in December that is.

CromerKing

Plain and simple targets at the 38.2 retrace 1.10460

CromerKing

Will throw this one out there but with NFP just around the corner anything might happen. Nice entry point with the structure so close too.

CromerKing

We have a bearish advanced Gartley pattern which happens to complete at the 50% retracement level from the previous highs (9/9) and also it completes where the current down channel crosses too.