Toscana

Toscana

The idea of last week worked just fine We did not go to 140.00 yet, and there's still a chance. I will be watching this wedge now and it does not look too bullish for me, meaning that I take it both dorections are equally possible..

Toscana

There are guys define the situation in oil majors as 'carnage'. I'm not an expert here, but it looks like second try to break strong 82.00 support down was successful. Which opens good short perspectives

Toscana

Numerous recent news connected to US dollar create a sort of mess - at least in my head. So I decided to make this short review to be sure my overall understanding is still on track. 1. On daily nothing changed at all comparing what was in mind, say, half a year ago. Since early 2015 it's a consolidation between 1.15 and 1.05 after a steep downmove. Thou...

Toscana

Triangle just under strong resistance at 20.00

Toscana

I was short here a week ago, the idea was to watch 1.38 area for how it behave. Seems like it became even weaker, shows no signs of strength at all. Added to my short off of 1.395. For the core I expect a breakout w/target at 1.34 zone.

Toscana

There actually not a lot to add to what is on charts. Since this recent break-out it's 2.5-3 points up/1 point down. Some volumes yesterday could not break this pattern. Now up to close at 236.00-236.50 tonight?..

Toscana

Famous failure pattern here (Wyckoff calls it 'spring'), it closed blw recently broken level which creates good short chances

Toscana

So far since last December we've got two powerful price rejections off of 1.01 resistance zone. Just think why could we expect this one more time. In this case the long would rather responsible from 0.985-0.99

Toscana

Looks like MYL is forgiven after this long Epi-pen story. I think it's rather safe now to get long at 40-sh area and keep it into 44.00

Toscana

On this good ## CSCO may well rich it's pre-crisis high at 34.00 and go higher. It trades on premarket steady abv 33 now

Toscana Updated 

I missed to add at 1.06 on this retracement to longer term trend line :-( But the probability to have a good price here is still exist

Toscana Updated 

After Morgan Stanley’s Jay Sole gave it a good portion of support yesterday. Gonna enter if stays abv 19.5, add if breaks 20.00

Toscana

Seems like it's now consolidating narrowing range, and still looks very fairly bullish to me. I would take a break thru 13.80-14.00 zone as a signal to get long

Toscana Updated 

Some levels to watch for if there's profit taking amid today's news - it's overhit now to the highest degree

Toscana

I can not imagine another down leg here similar to the one of 2015. So I'm more inclined to imagine it breaking up thru 55 and 60. But who cares of my imagination?.. Technically it looks like both directions are possible. And it seems like we will first see it's breaking down 50 again into ascending trend line. Not a real idea, just some thoughts for further...

Toscana

If things go well 38.00 (after broken) will become a great support and open some long term opportunities into 47.00

Toscana Updated 

why not short it now against 1.3860? w/stop at 1,41 and keep into 1,34sh area

Toscana Updated 

AUD/CAD trades in a range on daily, more locally I would watch this triangle. Might give some good good entries and more then that - might show a direction for future