50 percent fib level on monthly candle . can expect a pull back with stop loss 102.16
Monthly candle is not able to take out the high of 98.28 , anything below 98.29 is considered as short .
1. 50% fib long term at 10361(closed below) 2. obeying the trend lines 3.bollinger bands extreme sell . My longterm target of 8142 intact .
hi everyone a year i posted a chart showing Crude heading to 39 . we hit our target ,looking at charts at a pure Technical perspective i can see it going to 29 . so i guess i have to keep waiting on the side lines to add further to my oil stocks collection . Though debt levels of these companies looks scary at the moment . should also have a eye and years on...
we have talking about the dax high for ages but i think looking at the montly chart i am getting a posible 10950 (1.618) worth a short here . but not sure if we will make it end of this month .
i am looking for long in oil , we have two support levels till the bottom 45.50 and 42.70 if the price doesnt have strong rejection in this range .we go straight to the bottom personally i think we will touch the low of 31 , its really nice opportunity to grab all the oil stocks on cheap .
Though i have bearrish outlook on dax till 8713 (as posted earlier on fb ) this may be a short time buy till 9360 (last months lows ) www.facebook.com SEP is the last month of Q3, i remember posting a monthly chart here , i couldnt believe it would move more than 400 pips in 4 days so i dint take the trade. now i see a similiar structure in the quarterly chart...
is around weekly resistance , entry 9406 though monthly and weekly seems very bullish a close below 9408 would confirm ,nzdcad is done for the week
audjpy forms a bearish bat plus coincides with daily resistance and also top of the boilinger band . monthly-- neutral(middle band ) weekly neutral(middle band) daily . bearish
AB= CD pattern B is 50 percent on the dot . the formation completes 74 . till then will have comple of small positions on long . and short it over 74 . Earning is relased on june 21 . may give momentum.
Pin bar on monthly resistance with a strong rejection Monthly chart - bullish Bol Bands - looks bullish swing low Weekly chart - Short Bol Bands - end of the top band hit the resistance ,1,9041) DAily - Short Bol Bands - end of the top band hit the resistance ,1,9041) target next suport T1 1.08514 t2 ,1,07346 longterm 1,06852