Crown patterns emerges very evidently. Conventional target $36 which is 0.618 fib retracement. Any news can give breakout from the pattern and rally towards $54-$55 Be careful Long term trade Short Entry Price : 44.30 (Candle Close below) SL : $ 46.65 TG1 : $43.01 TG2 : $38.85 TG3 : $36.03 Pls refer to all Resistance line (Maroon) PS. Generally I dont believe...
Its been very evident that even the strongest bears went positive since BREXIT on Precious Metals for intermittent rally or pullback from the supercycles as we call. Everybody would agree that 1300-1310 would serve as strong demand area and resistance from previous tops especially March 2015 highs. The breach woud open the gate to 12XX and bear would take thier...
Looks like a extended rising wedge on 4hr. Little correction required to push up. I suspect 0.618 fib touch before it breakout higher. Entry Price : 0.98300 SL : 0.98950 Target : 0.96661
Bulkowski's Ascending Triangle in sight. This is the confirmation on oil short.
Break of rising wedge. Huge Upward channel correction is over. Target 1: $ 0.7530 Target 2 $ 0.7300
Clear breakout with change of trend. 4hr has hidden divergence for corrective structure. Enter at breakout from consolidation. Enjoy the slingshot.
Bottom of Channel Price Entry Price: 0.70500 Target Price:0.68000 SL : 0.71500
Completion of CUP: Immediate Target 0.97822 Handle Formation : 0.5 Fib Target 0.95546 Pattern Breakout : March High Target 1.00000 ps. Trade Carefully
After New Zealand inflation Data. NZD becomes little weaker and this reflects on all NZD pairs. I believe USD is going to get more stronger. So best pair to shot at the moment Entry Price 0.71050 SL : 0.71246 TG1 : 0.70556 TG2 : 0.70187
Shorted rising wedge within the channel. Now wait to break the lower wedge of the channel. Enter below after some consolidation at break of wedge. Potential +500 pips trade. If it bounce the wedge long there to top of the channel.
Target 1 : 103 Target 2 : 100
Bulkowski's Inverted Scallop in sight on Daily. Has Trendline Resistance at around 1325-1327 EMA20 on daily at 1325 may provide necessary bounce. A: 1305.38 B: 1375.92 (B - A) x 61% = Height of Impulse B + Height of Impulse = Target Price. ($1375.92 - $1305.38) X 61% = $42.82 1375.92 + 42.82 = 1418.74
Last Down Wave Possible before reversal expected. Short the Breakout from Triangle Downside Target 1 : 1.03129 SL: 1.054
I see gold medium target at 1540-1545 and decision point break might lead gold to next resistance 1800. failure would lead this to test LL 1045 whereas previous clone suggest the top at 2320
Basic Triangle Pattern Breakout Trying to touch 0.618 fib TG: 80.9 SL 79
W got rejected at trend line. It will take another route to breach 50. Making handle with 0.618 fib retracement. Tg 1 47.89 Tg2 47.39 SL 50.5
Repeated Patterns. Making Bear flag with ascending wedge. Short 102.1 - 102.4 Target 98.7 SL 103.050
Simple Rising Wedge Pattern in Downtrend Breaks lower. Target $45.82