If we cross the last valid "2", the next upwave could start --> TP of this wave could be 47$. The Chart weakens with Prices below 37,5$
2 Clear Action Points....the area between these points seem to be neutral
Nice H&S...neckline = 38,2 fibo = longtrigger (requirement for the H&S). --> TP could be the 61,8 @ 10.425...but in front of the Weekend, i don`t think that the likelihood is high for further rising Prices. Trading below the right shoulder will accelerate the dwon-dynamic imo Happy trading and have a nice Weekend Best Regards Mary
Technical Overview: RSI is near the oversold area. How will u trade the dax the upcoming days/weeks? If you share your ideas with me, i will share mine ;-) I the daily, the RSI has enough place for furter downwaves -perhaps into the fibo 0,5-61,8 area? Will the present Support @ 10.111 bought or will we bulid a new "3?"? Best regards Mary
Here are just some examples... Canadian Cannabis-Stocks Aphria: Aurora Cannabis: Conopy Growth Mettrum Health: OrganiGram Holdings: Supreme Pharmaceuticals: US-Stocks: Cannabis Sativa: General Cannabis: TerraTech:
This is my view... How will you trade the Dax? Tell me your ideas, and i will tell you mine ;-9 Best regards Mary
Gold reached longterm-action point! Any questions? :-)
The "stairways to heaven"-scheme endet with the break of the last "2", the trend. Now we have a falling-knife situation! ...is this a good countertrade try? I don?t do that.. 10.400 should not be underbidden- it is the last 1-2-3 support, the last valid "3" Watch the oversold RSI -prhaps we see a rebound to the min correction level 38,2?
Pure 1-2-3 ! For all risk lovers: A short at the actual level has a very nice crr!! As always __) But the likelihood is not good imo! be patient, catch the procyclical BO!
This is the continuation of my last thread: Todays high @ 46.85$ has to be overcomed for further upwaves with next tp 46,4$ - Attention! I see a shortterm bearish wedge! Should the wedge be triggered, the 38,2 could be the shortterm target @ 44.8 Reminder: We are here!: Near the next possible "3?" @ 46.5$ - this is THE Pivot resistance Level to watch
H&S + Flag = Bottom? Trying to catch the Flags BO!
Let the Chart speak.... 727$ is THE Level to watch now!
Gap down..and now? The day after the deep dip was bullish. The down-dynamic did not increase - thats a first wek bullish Signal, perhaps the downmove was just a exxageration? Will the fibo-Cluster be the area where we see a Turnaround? If i watch the Chart -that could be possible...let`s see! RSI signs a very weak longsignal.
I open this thread because the former one is too full... Former Thread: last comments: 10.540 is the new Level to watch. If we can trade above this Level, 10.750 could be aimed! we reached the "vakuum" between 10.540 - 10.630 - here are no resistance zones imo. If you have a look at the RSI, a Little consolidation should be exspected....the 10.540 is a hard...
The BIG-BO-Move stopped at 69$. At present , we see a triple top. Tradin above this level should initiate the last "freestyle-move" (bo) up to ~ 73,6$. The risk lover would prefer shorting the actual level, the crr for a short is perfect (with a stop a bit higher than the triple top) - but as always against the trend! I prefer waiting for the freestyle-bo! Regards mary
The main direcdtion (short) is still dominant Now the pair is forming a triangle. Which side will be triggered first? I am interested in your views and trading ideas... Best regards Mary
My former view is still valid: The Bearish trend is still in full swing. As Long we are trading below 104 respective 103, the Chance for the illustrated H&S is given. The Max. TP of the H&S is corresponding to my main views tp2 Main View: Shortchance below 105? Only trading above the right shoulder will brighten the chart Best regards Mary