kitchen_trading

kitchen_trading

#SPX500 has just touched the strong bearish trendline you can see on Daily. Now 2 scenarios. First Scenario: The price breaks it and go up until 2800 (Fibo 50%) first and then 2935 (Fibo 61%) Second Scenario (on our opinion the most credible): the price breaks the support, bounces on hit and go to complete the Elliot Wave on point 5 (and 1.618%) at 2000.

kitchen_trading

Strong reaction in the night of the American futures which once again have been crushed on the lows, Asian choral bullish movement that pull prices back to the highs of the week. Today if the scenario is confirmed also in the USA and in the EU, the closing of the highs of the important 8 days just passed will anticipate the bullish exit of the powerful weekly...

kitchen_trading

Little bullish correction movement for #DAX 8850 could be a good level to start selling again

kitchen_trading

#SPX500 what to do in the long term? Today Market strongly bounced up between 2 Fibo Fan but it didn't hit yesterday's maximum. This let's suggest the ending of the bullish movement started today. Anyway, there are 2 key levels that need to be monitored: - 2390 (last minimum) - 2750 Area We keep selling until 2390 and under 2750, we go long only if a daily...

kitchen_trading

GBPCAD could be Long: - Previous Impulse - 61% Fibo - Oversold Indicators - Wave pattern Entry point NOW (or wait for 1.736) SL 1.725 TP 1.78

kitchen_trading Updated 

Today the Market is on a bullish bounce. Before starting to sell again we can consider this long entry from the Channel trendline

kitchen_trading Updated 

We are close to #USDJPY long term trade. We begin to build our bullish cage from 106.8 Entry: 106.8 Second Entry: 105.9 SL: 105.7 TP: 110.5

kitchen_trading Updated 

A possible retracement will be possible but from tomorrow morning we will go long to 25560

kitchen_trading Updated 

EURUSD keeps long till 1.0995 area before hitting a strong resistance a the bearish trendline.

kitchen_trading Updated 

Double Top on #GBPAUD h4. If confirmed we can short it. Entry 1.975 SL 1.981 TP 1.92

kitchen_trading Updated 

Everything seems to be clear on #GBPNZD. If the main trendline resists we can go short

kitchen_trading Updated 

Perfect short setup for EURNZD. We can enter short right now or wait for 1.784 to be touched Entry 1.784 SL 1.8003 TP 1.719

kitchen_trading

#SPX500 is on a crucial point. 3120 is a key level. If broked we suppose for it to go touching the 0.5 Fibo Fann level. Same thing for #Dax

kitchen_trading Updated 

1.732 is a good level to short #GBPCAD. We suppose it will be a very strong movement.

kitchen_trading Updated 

#EURAUD is making the perfect pattern. Point 5 could be higher than the bearish trendline, we suppose around 1.606/1.608 where the previous impulse started and it's an important Fibo retracement Entry point 1.606 SL 1.60045 TP 1.624

kitchen_trading Updated 

No matter if #DAX will go short just for a while to charge the price. We will go long to 14120

kitchen_trading

If the price will break 3215 we will change on a short view. If that, 3157 will be a good level (Gann Angle) to test the short again. On our view, something is changing, but it's better to wait for a confirmation to definitely "think short"

kitchen_trading Updated 

#AUDCAD touched an important resistance and the upper trendline of the bearish channel on Daily. Maybe, it's not enough to enter for a short but we can start to build our "cage" with low size. The strong bearish movement will probably begin from 0.9033 which is a previous high impulse (Jan 23rd). So we can suppose for a double trade: 1. Entry point: 0.9033 SL:...