purpurato59

purpurato59 Updated 

We just reached 0,5 angle again where last peak resisted and we have the RSI divergence. There are enough reasons for me to place a short with nice R/R. This is the same fan used on last idea published on this pair. Thanks for your likes and comments.

purpurato59 Updated 

Prices on the potential reversal zone have been tested and we are now below. Use an appropriate signal to enter this short with targets marked on the chart. Thanks for your comments and good luck.

purpurato59 Updated 

After some heavy battering on this pair, bears seem to have found a bottom and action is now bound to the upside. The hammer and the RSI divergence are good signs that this is ripe for a long. I've been watching this wedge for some time now, please watch related ideas. Thanks for your likes and comments.

purpurato59 Updated 

This pair has shown signs of accumulation in this area and support on the 0,382 angle of the fan. We also broke the wedge and DXY confirms the strength of the bulls here.

purpurato59

This over extended move is bound for some retrace. The objective is between X and 0,382 retrace of CD leg. On a longer term it might still go up. Thanks for your comments.

purpurato59 Updated 

Oil has been sideways for quite a while and unable to make a new high. Since Opec agreement doesn't seem to have any real effect, it seems that it is now ready for a new bear trend. Note how this two volume indicators show there's been more downward interest even before last daily high. Targets along the pitchfork channel. Thanks for your comments.

purpurato59 Updated 

This gartley tested the zone and is giving signs of reversal. Wait for your signal (RSI could be good) and short down to 1,3077 on the 0,382 retracement. Good luck, thanks for your comments.

purpurato59 Updated 

This fib speed resistance fan shows the angles 0,25 and 0,5 are significant as resistances and we just hit the former with an immediate rejection of the uptrend. This idea follows the fact that DXY is starting to reverse and we can see the same pattern on the AUDUSD that was published before. First target on the 0,382 angle. Thanks for your comments.

purpurato59

This pair is showing a similar pattern to AUDJPY and the double top formed has some potential for shorts. Volume peaked last thursday and now price is following. Some indicators are still on the overbought region, so let's start with small position and wait to see and add more.

purpurato59 Updated 

We just reached the 0,25 angle of the fan where there is a clear resistance. My signal triggered with CCI and objective for this trade is around an important line around 16. There is also the full moon ! Please see related ideas. Thanks for your comments.

purpurato59 Updated 

These two indicators (CCI and MFI) are coming back from the overbought region and we are at a key resistance level. This is enough for me to give it a try. Thanks for your comments.

purpurato59 Updated 

Oil has had two similar downward moves and this third wave, if similar to the others, coincides with pitchfork lower channel. This kind of moves signals a consistent and established trend.

purpurato59 Updated 

This pair found support on the 0,25 angle of the fan and broke resistance that was holding for almost a month. First objective on the 0,382 angle and also fib time from last swing. Good luck and thanks for your comments.

purpurato59 Updated 

After some heavy battering of the Yen, it now looks to recover and ready for some retrace. After hitting the 0,5 angle of this fan, we have been closing below tenkan and there is an opportunity to short till we hit the cloud or the 0,618 angle of the fan. Cheers and thanks for your comments.

purpurato59 Updated 

Last oil butterfly took some time to unfold, but the pattern validated and it was a nice trading camapaign. This time, we didn't test the whole PRZ, but price action seems to confirm the trend. If the first reaction after OPEC and non-OPEC meetings is to go down, I think this will take some time to balance. Targets indicated on the chart. Thanks for your comments.

purpurato59 Updated 

This bat could still retrace up to 0,382 of the CD leg at 17,6. Weekly candles with nice uptrend, but this could be a bumpy ride.

purpurato59 Updated 

The butterfly just tested the PRZ and the last 4h candle is a nice shooting star. Also, there is an important divergence on RSI. I think DXY will take a breath now.

purpurato59 Updated 

Travelling along the bottom of the wedge and showing RSI divergence.