Main View: CAN THIS BE TRUE? DEZ 2016: 75$ ??? What do my tired eyes see?? Isn`t it a big bottom pattern in form of an exemplary H&S? The RSI signs, that there is still a bit air on the downside. A dip back to the 38,2 fibo @ 41,92$ would be great. A dip to the 0,5 fibo normal and a dip to the 61,8 maximal. If this level would be bought, a H&S is being...
The next Downflag Flag? What would you do??
Last trading session, we have kissed the resist @ ~ 56,75$ -this is an Action Point ! 3 thinkable positions: -Anticyclical shortposition at the recent Niveau - tp bottom of the trading box (mangenta) - the RSI signs that this is the next possible move - Procyclical BO-longposition stoppbuy > 57.5 --> TP 63,5$ SL ~ 53.5$ - Procyclical shortpüosition--> stoppsell <...
Update: After the H&S got active, the downmove is in full swing. Now we are consolidating -a bearish flag appears. Trading below the flag Bodys bottom will activate the flag -the tp could be 1.8088. Trading below the fla Bodys upper edge will open the possibility to retest the Breakout-Niveau (neckline of the H&S) @ 1.85 Main Analysis: H&S? For me the chart...
Longterm strategic Investment? You not often can find such a destinctive and clear Pattern....let`s wait and see... I am interested in YOUR opinions. Comments are welcome -agree or disagree
After Dax built a Top, the illustrated wedge was triggered. We saw a consolidation which was Long overdue imo. The latest downswing nearly reached the 38,2 fibo ~(10.100) from the upmove 9300- 10470. This Level (concretly: 10.022) could but need not be a potential turnaround Level (The RSI signs an oversold Situation) - perhaps the consolidation will go further...
We nearly reached the former neckline - this is definetly an Action Point where a decision has to be made! If audchf could recapture this Level (~0.735) a move up to 0.74 / 0.746 is possible. If this Level will be sold again, the bottom of the big downtrend can be aimed again. Prices below the right shoulder are deep bearish. Missed the BO? Trying to catch the...
Will this Level be bought? Don`t Forget where we are a in the daily Chart! Former Analysis: Once again? comment from yesterday evening: Same procedure as yesterday? Superficial it seems so, but if you zoom out a bit, you can see, that we have reached an Action Point - the downtrends upper edge - here a Rebound has to be exspected -the fibos are possible...
Same procedure as yesterday? Superficial it seems so, but if you zoom out a bit, you can see, that we have reached an Action Point - the downtrends upper edge - here a Rebound has to be exspected -the fibos are possible TPs of a consolidation... Yesterdays Analysis: Shortterm Longsignal ahead?
Isn`t that crazy? The exspected Selloff stopped at the former Breakoutlevel @ 460$!!! (Explosion ahead? ) After this dip, the buyers bought it and catapulted btcusd back to it`s yesterdays breakoutlevel @ 540$, this Level is corresponding to the min correction Level 38,2 fibo-retracement... Yesterday evenig i commented: rebound or direct "selloff" down to...
Will we see a classical 1-2-3 Breakout? Please Show me your ideas! Comments are welcome -agree or disagree -how do you trade this pattern?
You win some, you lose some! On the downside, the Level @ 610$ is the Level to wwatch - on the upside still the levels 650/680$! All Prices below 610 are bearish - the tp @ 540$ would be opened. Will the Level @ 610 be bought, that a weak bullish Signal - TPs 645/680 Comments are welcome -Agree or disagree! Former Analysis: Comment. maintrend is still...
H&S? What are your ideas? How do you trade Dax today? Comment. was this the final overshooting today which triggeres the bearish wedge? Main Analysis: DAX reached Action Point! Dax reached the falling trendline which is valid since 21.04.2016. For me, thats an Action Point where a desicion has to be made. An upcoming consolidation is thinkable at that...
Coppers longtermchart is deep red - just knows oine direction: downwards. Have the tinmes changed? Are there first signs for a turnaround? Since 09.06 we see an uptrend was formed. In the 1h-chart you also can see the dominant downtrend-line. Since one week, copper is fighting with this trendline and forming a bullish flag (blue) Today we have tested the...
This downmove is pretty too much!
CAT with a classical bullish flag or 1-2-3 pattern! Let the Chart speak. If you like it - like it!