marco_casario

marco_casario

AUDCHF is about to complete the CD leg of a bearish Cypher. We have to wait until the leg touches the 78.6 Fib level and then we might think of short. Pay attention to structure on the left to determine your stop loss and take profit. Good trading.

marco_casario

AUDNZD is about to complete a Gartley pattern formation. We're now waiting for the CD leg completation. I like how this setup is forming a harmonic CD leg that is between the 127.2 Fib retracement of the AB leg and the 78.6 Fib retracement of the XA leg. Let's wait and see what happens next. Good trading

marco_casario

Crude Oil has shown a rally at the the end of last week touching the $34. But it's early to say that the bearish trend is finished. I'd wait to see some strong signal that invalidates the continuation of a bearish trend such as a closure above $38. If you have a look at the Daly chart you should see a bearish flag that might be violated today. Let's see what...

marco_casario

In the long term I'm bearish on the Euro. This could be a simple retest of the previous level at 1.1020, but the cross is rolling over. A breakout of a symmetrical triangle occurred and we could think the price might reach the old 1.3450 level. Let's see what will happen ! Good trading

marco_casario

The CAD is strongly tied to the commodities market. This is one of the reason why the USDCAD has been bullish these period. Crude oil is now showing some signal of strength and the same is for Gold and Silver. The USDCAD has retraced on the previous support between 1.4 and 1.38. It's about to create a good opportunity for a trend continuation trade with a good...

marco_casario

AAPL stock is continuing to go down after reaching the $134 price. The $100 has been broken and the stock in now on a strong structure that can work as support. I'd keep an eye on the $85 price to go for a buy. But I need to see other signals to confirm my idea. PS: Have a read at this article: fortune.com

marco_casario

EURCHF has formed a rectangle since August 2015. It looks like a strong comfort zone for the cross. Yesterday the channel has been broken but today the price is unsure where to go. Keep an eye on this cross to consider a long trade, if the price closes above 1.1070, or a short if the price goes back into the channel. Good trading !

marco_casario

Precious metal markets has stalled for some time after a strong bearish trend. But today we've seen a strong bullish movement with an ascendent triangle breakout. This might be a signal for a small long entry. The next profit level might be pointed at around 1138 and then 1164. What do you think ? Good trading !

marco_casario

A double top has been formed on this cross on a hourly timeframe. The price went down and it's now doing a pullback on the 0.618 Fibonacci retracement that gives us a potential signal to go short and follow the former bearish trend.

marco_casario

Crude oil gave us several bearish tech analysis patterns during these 2 year. And it's now continuing its bearish trend. Now it does not look impossible to see the prices points to lower structures: 25 (1997), 20 (2002), 10 (1998). The war between OPEC and US Shale Oil industry is not finished yet !

marco_casario

Technical Analysis gives us opportunity to enter long this cross following a Head and Shoulder patter and a Diamond. The price is now insisting on the previous support so you could go long now aggressively, or wait for a new structure high above the 1.4370. Good luck and trading !

marco_casario

The cross has formed a Head & Shoulders pattern on the Weekly chart that gives us a potential signal for a trend reversal. Last week's candle has broken out the neckline but there's still an opportunity to enter the trade. The risk/reward ratio is very good, more than 1:3.25 Good luck and good trade !

marco_casario

Yesterday a Bat pattern has been formed. The risk/reward ratio is interesting. I'll wait until tomorrow for the entering the trade (due to the important news) SETUP Entry @ 127.60 SL below 126.00 (I'd use the ATR to calculate TP @ 132.78

marco_casario

USDCAD is moving very harmonically in the last months. After a first ABCD pattern has been completed, it might now create a new structure high. There will be 2 different options for this trade: - go long following the new ABCD pattern - go short waiting for the retracement to the previous structure low Be patient and good luck for your trade !

marco_casario

The pair has created a robust Head and Shoulders where we had the breakout some days ago. Instead of entering immediately, I've waited for a pullback that has now occurred. This might be a signal to enter the trade with a short position. The risk/reward ratio is very good. Good trading.

marco_casario

The pair has created a strong and symmetric HEad and Shoulders. Some days ago we had the breakout and I've waited for a pullback (on the 61.8 of Fib level) that it's occurred yesterday. This might be a good signal to enter the trade with a short position. Good trading !

marco_casario

USDCAD has invalidated a Bat pattern and gave us a signal to go long. An ABCD pattern is happening. After a period of consolidation USDCAD might be back on its bullish trend. Keep it on your radar. Good trading.

marco_casario

AUDUSD is about to complete a Bull Gartley with a good risk/reward ratio. Be patient and good trading.