After multiple bounces on support level and forming a arc shape at 1491 it is clear it is ready for a correction back up. Looking for take profits above 1500, potential for reach towards 1505.
After a bounce of the previous support line and consistent tops we are looking at fairly sideways movements, TP1 guarantee, TP2 may become next resistance line if we than short.
As shown in my previous idea we can see that USOIL wants to follow previous week patterns and therefore will go back up to $58. buy again now for best profits.
Ripple showing signs of life, wait for a retrace back down and than lets go long, minimal risk as its already been sat at the lowest.
Just follow the patterns, bounced 2 times off the previous resistance to looking for the correction shortly, easy as that, tell me i'm wrong?
After a third consecutive bounce at the 52.5 dollar mark, there are indications of a correction back up to the 55.0. I would suggest sell half at 55 and keep half for 58.0 dollars. SL underneath previous lows to prevent it running
There has been 3 tops at 1550, on this third top their is a big deflection which indicates another deflection, as a result i expect a drop back down to previous levels, stop loss just above at 1554 to prevent it running, a good sell. I have put TP1, TP2 and TP3 to indicate where it should drop too, all take profits result in a good profits.
AS WE CAN SEE we are coming up to a major support in both a 15 minute time frame and a 4 hour time frame, very big win with minimal losses, stop loss just below previous low and we could see a rise to 1.47800
After reflecting off previous resistance, the setup works perfectly for a short, following previous trend pattern. TP minimum 54.750
After 3 consecutive bounces of the same point, we are looking for a return to previous resistance level, Just following the consistent pattern, stop loss tight below previous 3 bounces. High reward to risk.
SHORT, SL 0.99650, Looking for a continuous bearish trend, stop loss above previous high.
XAUUSD had a long bullish run but not being able to breach the 1440 mark is a indication for a potential drop. Following 3 point pattern trend it will drop down to at least 1395 for a nice profit, those wanting higher returns can be patient and wait for a drop to 1360 mark. Stop loss just above previous highs to prevent gold running higher.
Following a bullish trend, there has been a correction to a important support line in which it bounced off, looking for a following of bullish movement. A tight stop loss just to be sure it doesn't run the other way, if it passes 107.500 it will be bearish.
GBPJPY showing sideways movement not moving below 135.200.It is bouncing off major support level. Keep a short SL just below the lowest and a TP1 at 136.400
eurusd bouncing off major support and back up. potential for long 1.13440