The Level to watch in this timeframe is 114.5 Here you could buy the supportzone (anticyclical) - this trade would have a very nice Chance-risk-Ratio. i prefer cyclical breakouts, so i could imagine to try a short below 114,5 with a stopp near above this Support Zone (this supportzone than turned into a resist-Zone)
After triggering the bearish wedge and reaching the min correction fibo, illustrated in my main view: we can see that something like a bottom is formed!? We could overcome the shortterm downtrend. If we have a look at the last two Lows we can see that the lows are ascending - that could be a first bullish Signal. Trading below These lows should initiate the...
Nice 1-2-3 BO-Pattern - let`s go! Level to watch for cyclical Longs: 0,759
The trendbreak inititated a big sl-wave. Now we see a classical "falling knife Situation". Is this dip a buying opportunit`y? I also don`r know that, but the indicators tell me, that we could see a nice Chance-risk-Ratio Long Chance. - The RSI dived into the oversold area, we should soon see a tiny buyingsignal -watch the rsi. -OGI is trading outside it`s BB -...
My former mid/shorttermview reached all TPs. Now we have reached a very interesting trading mark. If you have a look at the longterm trend and the illustrated mangenta counting and cycles, you can see where we are trading at the Moment: At the key Level, the Big mangenta "2". longterm Count This "2", based ~ 9.125 is corresponding to the "2" at the minor...
Is this a realistic / thinkable Szenario? Breaking through the resist at 1245 menas aiming 1260 / 1288. At 1288/1300 the falling longterm trendline is based my shortterm view:
For me this acceleration above the ATH is ok, but too heavy, too steep! Be very cautious now, the next freefall is coming! That`s sure...it`s just a matter of time...a consolidation would be more than healthy now! other killer views :-) longterm:
Above the Top at 118.9 i exspect the next bo-move. This upwave could reach upt to 123$ Trading below 116,6/115 could initiate a consolidating downwave with the TPs: 111,6/109,3/107 Best Regards Mary
Waiting for the next bigger Breakout above 160,9€.
Breaking the present "2" could initiate a shortterm downwave
Do you also see this wedge? Trading below 11.820 seems to be bearish in the shortterm view...
Only Prices below the flags Body (<18625) are bearish Flag Trigger is 19.600 wuth a TP1 @ 20.000 / TP2 20.950 Longterm-Forecast 2017 :
today we see a strong buying signal. We are breaking through the present alltimehigh...thats a big signal! Here are my other running views: and my main view longterm view:
For me the chart is bullish as long as we trade above 51,5$ Best regards Mary
The in my former view illustated TP`s are both nearly reached. The shortterm uptrend still is full intact - the RSI is calling for prudence :-) A dip down to the 38,2 fibo (0,7515) would be healthy and absolutely normal - but is no "must" ;-) Trading above the killer-resistance zone @ 0,775-0,7785 (respective 0,7833) could initiate a dynamic and strong buying wave.
Here a nice chart in the daily. Resistance vs. Breakout. Who has the better cards ? Breaking through the resistance could trigger and complete the formed Double Bottom. The likelihood is not the best imo, because we are trading near the longterm downtrends upper trendchannel. On the shortside we have a really nice chance-risk ratio at that level: