This move should have legs and we should see much higher prices, target guesstimates on the chart for the mid term (3-5 weeks)
Added a new signal to the "algo" that alerts when certain conditions emerge (there is a EMA-cross over already pushed): Alert when RSI cross above or below 70 & 30 on a 15min chart. Personally I like this alert since it can be traded in many ways and it alerts me to look for hedge if core position is long and RSI drops below 70 (or better when there is a...
We have now been in a trading range of ~5% for about 20 days. Everybody can see we are in a trading range and thus, range trading is about to end very soon! There are lot's of stops on both sides of the trading range so be prepared for odd price action / whip-saws right outside of the trading range. Your guess is as good as mine to which side it will break =>...
..that I guess we'll close quite soon (at beginning of next week). GL and have a nice weekend!
Seems like we'd put in a bottom, for now at least. Close of the day will though be important and give more hints of what next.
It seems that 12K has to be tested. Watch carefully what happens around this level. 11,5K is next obvious level if 12K fails. GL & be careful!
This is my primary scenario for a corrective move down in EURUSD. GL!
we might be in a trend change and the next few days could be hard to trade this animal, likely better to stay aside for a while to see what is cooking
This likely the last leg down for the day. Expecting rebound at latest in the green ping-pong-box (yesterday lows)
I estimate we'll have a hard time getting over 2750 and more selling ahead (pattern reminds of bear flag sofar)
On its way down but might see bounce around this level
I saw pullback to break out level in my magical crystal ball..
Big ******* red flag if DAX dips below 12700. I'm not saying this is "the top", only that we should be cautious since this pattern is somewhat fishy. Chart is logarithmic