leszekstanislaw

leszekstanislaw

Strong short tendency, maybe this is enough? Let us see :-) Be carefull, it is quite risky, not so many confirmations here...

leszekstanislaw

On H4 there is bullish flag, so interim I'd expect price up, then pullback and.... down, down, down...

leszekstanislaw

as on picture :-)

leszekstanislaw

Based on 127.2% fibo, SR zone - targets are two, quite safe, let us see

leszekstanislaw

I am too late, but maybe chance for pullback and then go with AB=CD 'breakout? I think trend is changing here...

leszekstanislaw

so long position? whynot

leszekstanislaw

My first weekly chart ever :-) I think it is quite probably scenario DAX fall to 7600 or even 7400 to complete butterfly advanced harmonic pattern. Obviously pattern itn't exactly perfect, as B point should be in 78.6% of XA, but in trading nothing is perfect and actually mathematics is great in drug store rather than here :-). More about this pattern - here

leszekstanislaw

as on picture... there is A zone, I think there is no fibo, just zone (maybe small supply zone) so if failed price should travel to B zone, which is confluenced with fibo. Best would be C - 50% fibo and strong supply zone. Anyway, I will observer as today I cannot see nice place for entry (yet)

leszekstanislaw Updated 

as on picture and let us see...

leszekstanislaw

this and this and fibo :)

leszekstanislaw Updated 

just as is

leszekstanislaw Updated 

Entry on market - chasing train - SL on 1.22 of CD and below S/R. TP - let us see. A bit risky - we are on tops and here - looks like initiation of shoulder-head-shoulder... Anyway - will be observing. In trade.

leszekstanislaw Updated 

Runninc correction (yellow boxes) where CD consist of AB=CD (blue boxes) = nice confirmation + fibo 61.8% + SR zone. Nice, isn't it?

leszekstanislaw Updated 

Harmonic Gartley pattern (green one) with AB=CD, ending on 61.8% fibo retr - it looks not so bad... The only problem news today...

leszekstanislaw

Why not? It wasl quite clear Eddi would need some correction - so I would be observing it around 61.8% of fibo retracement. Also 50% is interesting, but maybe for smaller position?

leszekstanislaw

What do you think - what is more probable? Short? Because of ABCD and Supply zone with 78.6% fibo (something ala Cypher, then?) or Long? Because price was so low, so time for some movements up - then we would wait for breakout yellow zone, pullback and buy :) I am more bullish here now... but maybe it is just bias - to many green candles recently :-)

leszekstanislaw Updated 

1) Wide S/R zone 2) AB=CD 3) with trend 4) Confluenced fibo 50% so what? Short! A bit risky as oil is so low, but who knows - pattern is pattern and must be traded :-D

leszekstanislaw

as pictured