With-trend entry on the downside targeting the next horizontal level. Stop above the previous bar's high.
Long entry after bounce from trend support level with scope to test resistance range around 53.00.
WTI Crude seems a bit oversold but an eventual test of the 77.25 level (check the 1d chart) offers a 2.24 risk/reward for an entry just below the current range with stop loss above 84.50...
Although the previous attempt was stopped out, an eventual bounce off the rising trendline offers a second entry with a better risk/reward ratio. Enter above the top of the minor congestion following the recent sell-off...
Breakout from bullish flag after testing the horizontal support that is in line with the 0.618 fibo level of the prior upmove breaking the interim downtrend. The falling trendline may block further gains however I still set my target on this move to just below the 0.414 measured move of the AB leg with stop-loss below the prior low at C.
Enter long on a bounce off of the S/T trend support which coincides with the horizontal support marked by the previous swing highs. Entry above 106.15 with stop loss at 103.75, target at 112.10 (check daily chart).
Short entry on Gold after a test of the bearish trend channel with confluence of horizontal resistance levels. Stop at 1290, target 1210 for a 1:2 R/R ratio.
Enter long at 1457 at the support line of the bullish trend channel with stop-loss at 1427 and take profit at 1540 which offers a 2.8 R/R ratio. The S/T rising trendline coincides with the 0.50 fibo resistance level of the last wave and close to the 0.382 fibo level of the upleg from the major low at 1385.8. .
Brent Crude Oil price broke above the top of its s/t consolidation range and has scope for a test of the longer term bearish channel resistance (now coming across at 110.20). The current level does not offer good risk/reward...
Long entry on RSI divergence for a retest of the recently broken trend channel. The entry level offers a 1:2 risk/reward ratio, nonetheless the trade is against the short-term momentum and should be considered as high risk.
Short term short entry on a pullback after the breakdown from a S/T support. The test of the prior swing low offers a 2:1 R/R therefore ii is reasonable to take this trade.
Sell entry at resistance marked by prior swing lows which coincides with 0.382 fibo level of the last down leg...
Enter short after the test of the S/T inner trendline following the break of the uptrend started on June 2012 (check the daily timeframe). Stop above the recent swing highs, target the last reaction low.
Sell the Dollar Index at the bearish trend resistance at 10562.00 with target at 10478.00 and stop at 10605.00... The support near 10500.00 is still intact so "handle with care"...
The Brent Oil's price has broken the triangle pattern which has contained the price for more than half a year. There was a couple of failed attempts on both sides previously but this one has broken the horizontal support at 105.45 as well. Look for a sell signal on a weak bounce-back testing the horizontal support...
Enter short at with a 1:2 risk/reward for another downside attempt for 10500. The prior break below 10520 was not decisive therefore a stop&reverse above 10590 may be worth to consider
The Dollar Index was touching its rising trendline near the 0.618 fibo level of the last upmove. The momentum of the current down leg is strong but still looks corrective. Look for second entry opportunity above the 10576.00 level.
The Dollar Index was crashing through horizontal support levels without any decent bounce-back. The market may wants to see a test of the 10550.00 level to decide on the longer term trend. Look for selling opportunities near the previously broken support levels.