SL < 16.000 TP1 = 21.000 = Fib ext. 1,272 TP2 = 22.400 = Fib ext. 1,618 R/R = 2,1+ Uncertainty: Middle Time horizon: Within 2-3 weeks the potential pattern should have evolved
Technical analysis only: Pitchfork top rejection, overbought stochastics, weekly trendlines rejection, downtrend, fibonacci .618 retracement Risk/Reward: 2.43
EW - weekly short looking for the 5th wave down. Time horizon: within a year S/L: 1,77 (fibonacci .618) Target: 1,4 (fibonacci 1.382 & EW1 = EW5)
Technical anlysis only: While we are seeing GBPAUD to fall, we expect a AUDJPY to rise. Trendline rejection coincides with pivot support for 2017. Target in yearly Pivot R! coincides with fibonacci 1,382 Weekly stochastics are oversold with a confirmed weekly golden cross. Risk/Reward: 1,9
EUR/USD Short: Technical analysis only Stochastics overbought and death cross, gap has to be closed in the same levels as fib levels .382 and .618, weekly downtrend, daily uptrend. Mention that we are over SMA 200 - not necessarily a good sign for this idea. Risk/Reward: 2.76
1h timeframe, rejected 147.000 pullback expected, stochastic rsi overbought
Looking for at short retracement opportunity in EUR/JPY, waiting for StocRSI to fall back and reject til pirchfork!
Technical analysis only: Top of trendline, Stochastics overbought with death cross, fib .50 retracement expected, weekly downtrend. Risk/Reward. 4.0
Waiting for dax to reject weekly trendline - short opportunity incoming! When we have a obvious rejection i will look for at fibonacci .382 retracement (approx. 1400 pips) How low do you think it can go? I'll be glad to hear your oppinion!