Nightwish

Nightwish

target 1 of ABCD hit, looking for target 2, H&S pattern, 93.40

Nightwish

minor supply out, it is to expect another demand here, looking for the bullish channel to stay respected towards 67.40 - 69.00

Nightwish

target 1 hit, bearish channel, trade accordingly, targeting 7.30

Nightwish

long on retrace for 1.5540

Nightwish

Long on retrace, ultimate target of this reversal remains.

Nightwish

My target 58.10 from the last week setup got hit on market opening and there was not much to do since price went into consolidation. Bullish channel is present and it is to expect further upside move. Ex supply is definitely demand now, there is obvious minor demand where the price is trading now. Breakout of 58.10 will most likely give a bullish run towards 67.40...

Nightwish

Momentum has changed to lightly bearish. Last week seems to show decision – several bearish patterns. Price got sold at 4H TF double top giving new lower low and clearly printing ABCD correction. One more important emerged – H&S with clear neck line. I expect break downside with targets in the first demand zone at 95.30 with potential H&S target at ~ 93.20.

Nightwish

The range finally broke 2 weeks ago with very powerful weekly close. No bulls expected in near future, I want to short this. Any retrace should do the job towards demand. It appears that 23.6 Fib did the job and it is to expect further decline with pause at 38.2 Fib. I would like to get at least the half ( 50 Fib ) but , market tends to give 61.8 if we get the...

Nightwish

I would call it reversal here ladies and gentleman. Weekly and daily prints are screaming. I have posted Cup & Handle pattern in one of previous editions, target got hit, the price retraced. Reversal started after multiple bottom at ~1.3960 and what we have here, already in play, is this giant triangle breakout targeting 2.0310. I would look for 1H TF breakout to...

Nightwish

Bearish USD and bullish WTI generate strong NOK and therefore bearish patterns in USDNOK are already present. Piece is in ABCD correction and the key level to take out is 7.72 towards 7.50 and lower. At the end of the move you can spot one small H&S pattern ( the head at swing C ) which will most likely take the price below the key level.

Nightwish

Previous week long setup played in full, now there is inverted H&S pattern which I want to take for some ~400 pps.

Nightwish

technical double bottom ( not confirmed yet as a double bottom ) , aggressive entry with small risk, excellent RR

Nightwish

previous support now resistance, breakout level retested, targeting lower demand levels

Nightwish

cup & handle pattern, lip line taken and retested, targeting 2.00 as previous breakout level

Nightwish

short term bullish on the break of 1.4982 towards resistance TL as long as DXY is in retrace. 1.53xx would be nice to sell again.

Nightwish

long on weekly support and weekly bullish channel support. 4H TF offers doji breakout setup. I want to see it to take it, not before.

Nightwish

Momentum obviously changed, this one found support. It is to expect upside move while DXY is retracing. I would like to sell 0.8080 for the trend continuation.

Nightwish

key support violated, strong weekly break and close below; target as in the chart