Cup and handle target is 2800 (base on the depth of the cup)
it's quite normal for EURGBP to have these spikes, that retraces back. There is no big reason to think EURGBP will move big, if we look at COT Data, so I assume a reverse to mean strategy here.
OIL could temporally cool down to get more strength in its long term bullish setup. There are 2 possible trades, I highlight both, in case it doesn't drop here, it will do it sooner
Just now it's not the best moment to enter after the breakout is quite extended. But if you see good chances to enter from a lower point, it's good one I don't indicate Stop loss or profit areas, you can mark them
USD is consolidating and forming a possible resistance This is counter-trend but I think the good RiskReward ratio makes it worth to put a small trade
OIL is ready to go up Sentiment and COT data is well positioned, fundamentals checked. Technically it's in a good spot, with short term trendline broken I'm considering that there will be extra volatiliy (undecisive price action) because US market is closed. But as soon as you see a good low entry point or confirmation tomorrow at NY session, enter the trade....
EURUSD during last few years is forming some top patterns that fits very well inside ellipsis. Notice certain the symmetry in the right and left edges. And always the structure breaks by a channel to lower prices. It's not a serious analysis, but I wanted to capture it here.
The technical side aligns well, Volume is going up. CCI divergence is strong. Huge potential upwards, especially long term 10 years. Since the price is very low. I mean, the production costs of palladium are around this level Palladium ETF better than CFD instrument if you want to capture the full potential. Said that. This week is full of data, with CPI on...
It's respecting the 4HR trendline It creates a good setup trade RR of 1:4 reward (probably 1:5) because this pair tends to create long candle wicks. Should be safer trade to wait for breakout, (maybe tomorrow) since today is holidays in US, and there is less liquidity and more chances to be stopped out
Ready for short. This is going to be a choppy but profitable ride. Better hold a position from the top
Pay attention to SolarCoin. They started to work actively in github github.com
Correction is almost finished for next impulse down. Don't guess the top.. but when you see it drop under 1.360 ... take a short and let it go all the way down
High risk trade. Just for fan I'm putting some pennies to see what Doge can do. Don't fall in love with the rally. Doge is not a coin you want to bag-hold
Apply this chart to every alt. Summer consolidation time. Sell your coins half to Fiat, half to BTC (btc has 1 big more leg up, but top soon), enjoy the summer and don't look back. It's going to be ugly
Gold is about to explode, once it crosses the trendline. This is long term trade, don't buy with tight stops
It's an alt-coin that still has to prove itself, and has some concerns like z.cash but it's worth to take the risk and seems to find good support at these levels. Don't hold if it breaks supports
The reversal will happen at news events by surprise, like always. Don't wait to long before entering the trade. Small position, loose stop loss, hold all the way up... and you will multiply x10 If there are news about over-supply of OIL is because everyone wants to accumulate OIL, before OIL price goes up.