Potential sell between 1.3105-1.3120 to play a swing back down. Initial target is min 1.3015.
Waiting for a dip to 2152-2149 to play a bounce.
Waiting for 1.1055 to play a bounce.
Time to give it a try, small long (want to see the RSI break the neutrality area). Stop below 1.2860
RSI about to turn bearish and to confirm the channel and wedge breakout. Drop to 0.7575 then 0.7535
Short 1.1108/1.1115, stop has to be above 1.1130.
1.2935/1.2905 pocket for a near-term bullish reversal. Potential bullish advance pattern + uptrend + indicators on lows.
Potential bullish pattern - long @ 14.30/20 Target 1: 15.90 Target 2: 16.90 Stop below 13.70
Potential Bearish Bat @103.05. Target 1 : 102.45 Target 2 : 102.05 Stop above X
Short entry level at 0.9959. Hope we'll get that 15 tick push up.
Indicators overbought, let see what we get....
The Kiwi must stabilize around 0,6565-0,6550. If we get a positive reaction might be good to go long but I'll be patient, Rsi is already oversold,
One can count 5 waves from October lows with a perfect wave 5 target at 1,4535. That would go inline with stabilization if not a recovery\bounce on WTI above 29. However, looking at indicators (overbought but no divergence) and at the price action, it looks very agressive to call for an intermediate top already and to anticipate a reversal. However, I think it...
PRZ around 117, RSI oversold. Looking for divergence and bullish candle on the lower time frame to go long.
RSI overbought, prices are past the PRZ so waiting for a bearish candle before the duoble top level to enter short on that trade. Else, would leave it alone.
PRZ 1.4465/70. RSI close to overbought readings.
Potential bullish Gartley around structure. PRZ - 1.4015-1.4007, min stop below 1.3970.