The low in May long and then second half of the month short. For the success of this setup, the resistance @ 1360.6 should not be outbid with Daily or Weekly closing price.
Nasdaq 100 on H1 is in a wedge formation. Today limit 7697. First confirmation of falling prices would be break and close below 7634 on a daily basis. If so, then TP as in the chart.
I expect that as soon as the SMA 50 is reached on a weekly basis, a pullback will follow to form the wave 4. ... As target and support for the wave 4 I see the TENKAN/Weekly. Until August prices should not fall back into the blue box.
In my opinion, EURJPY will stay in this falling trend channel. 125.68 is first resistance. Here wait for short confirmation, otherwise: if he overcomes this mark, then I'll look for short in the yellow zone at 125.96 & 126.11. At the moment the red line is the limit for this rising move @ 126,159. SL over 126.20
It would be possible for an expanding flat formation to develop. The second half of May would be enough for that. Initial confirmation would be break and close on a daily basis below 26212 & 26112, otherwise, without confirmation the next destination is @ 26661, following 26804 & 26909.
For persistently rising prices, we need 3 conditions on a weekly basis: 1. Tenkan - Kijun = bullish cross 2. Both Tenkan & Kijun "have to" run through the SMA 50 to generate a bullish intersection 3. Only then should / can all 3: Tenkan, Kijun & SMA 50 climb in the same way as in the yellow circle, through LEAD 1 through the red cloud. As long as that does not...
Nevertheless, that Fib 62% at 63.71 has not yet been reached, already now you can expect falling prices .... it concerns above all the next 3 months. First confirming short signal would be Break and Close below 60.20 on Daily and Weekly basis SL over $ 65
The idea is to go short twice to take 2 profits. 1. S at 83.67 with TP at 83.06 2. S at 84 with TP at 82.50-45
After the third week in April, I expect rising prices. In any case, TP should be achieved within the next 3 months.
Short at 1.8715, TP 1.8056 Define SL yourself :-) If it works, then there would be about 650 p. If it works, then there would be about 650 P. Could take a few weeks ... TP possible in April ...
For the palladium there could be a very long journey to the south. If I do not see a closing price above 1599,866 on H4 basis, then I go shortwith SL above last week's high. 1. Initial confirmation for falling prices would be Break and Close below 1541.40. 2. The second confirmation would be closing price below Tenkan on a weekly basis at 1473.7 3. The third...
Soon it would be possible to create a bearish cross between Tenkan & Kijun on a daily basis, then I do not think we will see a new ATH so soon. If I'm right, then March should not close above the first blue line at 26136 and April not above the second line at 26792. Otherwise, I let myself be surprised. Good luck.