For me, it looks like clear short until $71.50 - $71.00. Play according to your risk management but please please use SL for trading otherwise it is not worth trading. It is better to lose some pips rather than losing the whole capital...... Trade with care. Cheers and Good Luck.
For me looks like a clear cut short trade. Just trade with care and do....do use the stop loss to be saved from unnecessary risks. Thanks and cheers
I found this pattern when i was looking at chart and all the credentials for the patterns seems to be satisfying the rules. Just an idea, lets see whether its get validate or not. Comments are most welcomed if something wrong about the pattern
Everything mentioned on chart.
A possible bullish butterfly could be in forming in the DAX or GER30, which could give some buying opportunity around 0.786 - 0-886 Fib levels which is marked as D in the chart. Targets could be around the 38.2 and 61.8 retracement of CD leg. This all could happen provided right price action at point D. Just an educated guess which could help you in making...
Here comes the next possible trade setup after the perfect completion of previous bullish pattern, link provided on the chart. For this trade details are on the chart. If bearish price action short can be considered from this levels as it is FIB 61.8% level retracement of the recent bearish move. Please, it is just an educated guess to give a sense of future move...
Bullish harmonic patterns. Pls refer to the charts for more details.
A possible inverted Head and Shoulder pattern possible in silver. Presently rejected thrice from the neckline (around $16.90 - $17.00) and possibly going to make the right shoulder until ($15.40 - $16.00) and then shoots up until ($18.00 - $18.50). Its an idea for possible moves but not any advice for trade setups. If it matches with your analysis than it might be...
Short for possible 250 pips, its just an idea and not any advice. I share what i see and any comments are most welcome. I could learn more from your comment if I am wrong. Thanks, Good Luck.
Hi Guys, I found this highly probable advance harmonic pattern 'Bearish Butterfly' forming in DAX or GER30 or DE30EUR for very good short. With the given possible range from 27.20 to 161.80 extension of move of XA and RSI also entering into the overbought region , we can expect a good short entry provided supporting price action for this short. I believe if...
Short and Buy on DAX for 1hr TF. Details on the chart. Please trade according to your risk management. Good luck
New to making pattern or drawings on the charts so please correct me if I am wrong. Just an idea no trade signals
I am trying to learn and observe different patterns in the charts so let me know if I am wrong. I am expecting strong pullback here.. Thanks to Anil Mangal for his seminars and webinars.
Bearish ABCD pattern looks good and if we hold the structure and resistance level at 143.30, then we are in good trade here. Entry at 143.25 SL should be at 144.10 Target around 138 Its just an idea as I am learning so no trade please but opinion matters
Possible Short Scenario....just sharing an educated guess make sure your entry and SL are properly placed.