I belive that we're now on the way of hitting the D lag plus it's a breakout
i think that ther is still some place for the jpn to move up in to the 161.8% of feb ext. which also makes an ABCD pattern. I'm not trading this yes but it will be in my list to watch for shorting between 21k and 22k
I am a litlle bit late with poblishing but as you can see these is why i think market is retracing. First there is ABCD pattern " witch normally is retraceble up to 38 % of the AD leg Second we have divergence on stoch while the market is going up. Third - structer is verry importent.
1st Double top 2nd We have some divergent on macd Taking profit in 3 staps I'm also looking to go long between 61,8% and 76,4% of fibo retracement.
Hallo Looking to go long around 2.515 Oil is rebounding so ngas may do the same. Have a nice trades folk
On the daily chart the histogram is going up
there is divergence, 61% retreacement, and we know it's downtrand. i'm looking to go short in a long time
Waiting for a double top. If i get a clear signal i'm buying it.
If the we dont break the major structure then i think it's time to go long.
Fibo Retr almost reaches 0.61 level and also the structure