Now supported by orange trendline. If this breaks, look for next support at around 21300+ (blue trendline) and lower 20800+ (dotted blue trendline) should the former breaks.
Focus on the two pink trendlines. One dotted and the other (higher one). First area to go Short (supposing confirmation at 4 hourly chart) = 22260 - 22265 Second area to go Short = 22520 - 22525 If the pink levels are breached with conviction, then look for DJI to head towards 22700+
Breaking out after multi-months consolidation. Awaiting a better entry in the days to come.
Waiting for a chance to go long on TLT on a retrace.
Possible short of DJI ahead in the next 5 days. To be used in conjunction with the weekly DJI Chart.
Not initiating short yet. But an opportunity just might pop up in 5 days.
Weekly chart shows a promising short for EURO. Stop loss: 1.13 T1: 1.0930 - 1.0945
SL: 1.2840 T1: 1.3060 T2: 1.3110 T3: 1.3280
SL: 1.1023 T1: 1.0842 T2: 1.0650 T3: 1.0325
SL - 21074 TP1 - 20710 TP2 - 20490 TP3 - 20300
Long GBPUSD if i) 1.27549 is not breached by today and ii) GBPUSD trades above the blue trendline. T1: 1.28291 T2: 1.2946 (only if 1.2903 is breached with strength) T3: 1.2988 SL: 1.2749 The trendlines that I have drawn have been in play and will continue to stay in play until GBPUSD trades out of it. This is also a reason why my updates are few and far in...
SL : 1.0950 T1 : 1.0852 T2 : 1.0780 T3 : 1.0630
Shorting AMZN is hazardous, however, looking at the price action, it is possible for AMZN to test 890 and if it fails, to eventually go lower to test 868. At least, this is what the trendlines say is possible. Stop for the trade is 911.50. In summary, Target 1 (T1) = 890 Target 2 (T2) = 884 Target 3 (T3) = 868 Stop Loss (SL) = 911.5
Long GBPUSD on a bounce off purple trendline. Target 1 = 1.2576, Target 2 = 1.2705, Target 3 = 1.2910. Stop loss is 1.2450. Use the red trendline as a gauge on the strength of the move i.e. if GBPUSD moves past red trendline with ease, then targets 2 and 3 look to be achievable.
From the daily chart, gold would need to challenge and exceed 1165 convincingly before a push to 1190+ (orange dotted line) can happen. Hoping for a push to 1165, followed by a shallow retracement and then a push to 1190+.