Breaking the wedge will result in uptrend to probably 2% and then potentially 3%
If the wedge is broken we can see retraction to 3.76 and then to 3.41 which aligns with 450 Day MA. Note CCI 20 how is about to dive down below -100.
Plus pays to own it with descent dividend. The oil trusts could continue to rise and reach its previous highs if the oil continues its rally.
This trend line could be broken very soon and the move to previous YPP resistance will be very swift.
$Copper might break the pennant and drop lower to the support level of the previous YPP R2. Please do your own research and always use SL or hedge your bets.
CCI entered negative territory on the daily chart and the price broke under 100dma. Be careful going long from this set up forward. Another leg down might be coming. Please do your own research and always use SL or hedge your positions.
$NHYDY looks like is about to break the wedge and extend to $20 area. Please use your own research and always use SL or hedge your bets.
$BTC could drop to 50000 which is 100 days moving average and from this point there could be another drop to lower levels. Please use your own research, use SL or hedge your bets.
Note the CCI and the massive wedge which the pair is forming around 117.xx levels. Please do your own research and always use SL or hedge your positions.
Looks like $USDSEK hit retraction fib level and now is starting to ramp up again. Fib extension is 13.39xx which exceeds my expectations for 11.2x from before. Please use your own research and always used stop loss or hedge your trades.
The chart is self explanatory. BTC/USD could drop down to 40 6xx range to confirm its trend by touching 100 dMA.
$bund is playing with 100 WMA and might drop below to 170.xx level and then 166.xx levels. Please always use SL or hedging before entering trade.
Looks like is getting in large wedge and if continue and breaks above 100 WMA it could reach $15 and then $20. CCI also is nearly +86 which could indicate break upwards. Please do your own research and use SL or hedge.
Even with the problems this mine has in Mongolia, the technical and the copper prices are showing good potential for upward trend. Please consider stop loss or hedging and do your own research before entering trade.
it tested .44 levels few times and now is about to break it.
The chart is self explanatory. $21.13 is target.
Correction is necessary to continue the healthy ride above 40K. Possible correction to YR1(i.e. 30 436) and then to YPP (20 714). Additionally CCI haven't crossed -100 since September 20, which is sure overbought condition.
Its weird formation(supposed to be ascending triangle), but looks bullish especially above $12 150. The price could easy reach $20 000 again and extend to $27 000. This is just my opinion not trading it. Use your research and use SL or hedge.