After my Last Short after a Bearish Cypher, we can look for a possible long on a Bat pattern (waiting for price action confirmation)
SP500 - euphoria is over after 32% rise in 1 year.
Are Gold Ready to Reverse??? RSI is super overbought Importante resistance 1500.00 Psychological Number 50% Fibonacci Confluence of Fib inversions 161.8% and 141.40%
- Cypher Pattern - 23,8 fib and 38,6 fib retracement - Resistance - Retest of 100 EMA
Short EUR/USD Harmonic BAT Pattern 50% Fib Retracement RSI overbought
Possible counter trend movement on EUR/NZD Gartley Pattern Price approaching 1,6700 (round number) Resistance 141,4 Fib extension 161,8 Fib Inversion 50% Fib retracement RSI overbought RSI divergence at 4 Hours
Cypher Pattern already completed, but i'm waiting for a better confirmation as a price touching the the Major Support at 38,2 fib Support or waiting that break the Wedge to the upper side. Bullish Cypher Pattern already completed Falling Wedge pattern on formation 38,2 Fib Major Support Confluence of Fib Inversion and Fib Extension RSI divergence
Cypher Pattern 32,8 Fib Retracement Confluence of 141,8 and FIB extension and 161,8 Fib Inversion RSI overbought AB=CD movement Be aware we have a Inverted Head and Shoulder Pattern so we can expect only a pull back to 32,8 Fib of the last movement (Orange Zone)
Counter Trend and Trend opportunity on OIL - OIL approaching resistance the 61,8 FiB and Upper Trend Line - RSI is over bought and we have a big RSI divergence A pull back is expect back to 60.00 level (Confluence of 38,2 Fib and 61,8 Fib retracements)