NannePost

NannePost

After breaking through some tough resistance, Platinum now faces a multi decade downtrend line. Looking @ it's impressive run over the last weeks, it's probably time for some consolidation or small pull back to support. I personally would keep a close eye on Platinum for the coming weeks, a weekly close above 1000 would open up the door to more upside. For now I...

NannePost

Natural gas is @ a major confluence area, closed below August high and rejected of 100% trend extension. (hidden bearish divergence on rsi) Entry ~ 2.34 - 2.35 Stoploss ~ 2.5 Target ~ 2.00 240 min chart

NannePost

Euro is testing a multi-year downward slope. Entry: 1.0966 (100% extension) Stoploss: 1.0920 (below yesterday low) Target: 1.1109 (April low) Daily Chart 100% trend-extension holds on a daily close. 4-Hour Chart Descending Standard Pitchfork

NannePost

Swiss Franc is making nice LL-LH formation after it broke ascending trend line early June. Descending standard Pitchfork looks decent, with numerous touches on both sides. 99.30 is a 100 % extension from recent HH-HL pattern and confluence area with Pitchfork. Entry ~ 99.30 SL ~ 99.80 Target ~ 97.00

NannePost Updated 

A weekly close below slope line, will plummet oil aggressively lower. Bounce also possible, however if you look @ recent price action and economic conditions this is very unlikely. Possible target - 31.6$ would be a 100% trend extension. 25.8$ 2016 Low Stop - 58$ Daily Chart 4- Hourly Chart

NannePost

Aussie stalled @ 1999 high, which has been used in the past. A weekly close below this line, and a daily close below median descending channel slope line, means trouble for the aussie. Target - 2008 Low @ .60$ Stop - .6870 $ August High Weekly Chart. Already closed below 2016 low will 1999 low be the last hurdle? 4- Hourly Chart Aussie keeps making lower...

NannePost

Loonie already rejected twice from descending upper parallel. This is a valid option to play USD weakness. Stop above last week high. Target 1.3000 or 1.2800 4-Hour Chart

NannePost

Daily Chart Confluence area of 2018 Open and ascending slope line. Stop ~ 7800 Target ~ 7350 4-Hourly Chart Bearish Outside Reversal bar.

NannePost

Entry ~100% Extension @ 57.3$ Exit ~ Above July Open @ 58$ Target 1 ~ 2017 Open @ 57$ Target 2 ~ 100%-200% extensions @ 51$ Target 3 ~ 2019 Open, 100%-200% extensions @ 45$ 1 20 min chart

NannePost

Cable is in massive decline, because slowing growth and Brexit unsurety hit consensus. Possible bounce upcoming @ confluence area around 1.23 and descending slope lines. Look for 4 hour rejection @ confluence area to play the bounce back to ~1.2375. 120 min chart

NannePost

USD/JPY broke out of it's triangle formation late May. It made numerous pullbacks to the slope line and got rejected on every attempt. Since the peak in April it has been declining, using a standard Pitchfork. It caught the June bottom very decent. I would probably aggressively scale in to this trade as we move higher, with stop above the 110 handle. First...

NannePost

As I mentioned last week, we needed a weekly close above trend line resistance to keep the door open for more upside (related idea section). Last week we closed above this multi year trend line resistance and made LH-HL formation, which essentially broke down late last week. It looks like the pressure is building in gold and could be triggered by the ECB press...

NannePost

I posted a trading idea of Bitcoin in the beginning of the week, it's in the related ideas section. Bitcoin held at former resistance. I am looking to add to the long position @ confluence area ~10k. -Stop below recent low of 9k. -Target ~12k -R/R of 2 minimum. 30-min Chart

NannePost Updated 

After recent short squeeze topped out just above 2018 opening price, Bitcoin has been in consolidation. It formed a descending channel, which looks decent, but is not yet confirmed. The lower parallel of descending channel has a confluence area with late May resistance, turned support mid June. -Entry: 9000$ -Aggressive stop around :8000$, conservative stop below...

NannePost Updated 

As long as gold can not close above it's uptrend slope line on a weekly basis, a pullback to the intersect of median line and 2018 high is a likely outcome.

NannePost

Silver has to break and close above 16.19 on a weekly time frame to get bullish.

NannePost Updated 

Russel 2000 is in a clear down trend, on the bigger time frame. It rejected of the upper parallel of descending channel and is momentarily making a consolidation pattern just below upper parallel. 120 min time frame A break and close below 1550, would be a bearish reading and signal a top. Stop loss: Conservative: above yearly high of ~1620. ...

NannePost Updated 

Oil closed back below 2018 Open, after some consolidation and two rejection of descending upper parallel on 4-hour time frame. Will probably reach resistance @ 65.200$ by the end of the week, a break will open the door to 63.00$.