Observing now oil 15 minutes for possible trade on 4 wave correction for fifth. We are in the later stages of falling market and expect a bigger correction so we have to pay attention on every aspect if we want to trade this. Looking for inter-market relationship to confirm the trade set up. Here is food for thought. And we have to see what shape will this 4 wave take....Aleks
Stokcs, Metals, Energy, Forex, Crypto
USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
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Pivot: 1342.00 Our preference: SHORT positions below 1342 with 1319 & 1297 in sight. Alternative scenario: The upside breakout of 1342 w...
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Pivot: 1331.00 Our preference: SHORT positions below 1331 with 1297 & 1274 as next targets. Alternative scenario: The upside penetration...
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Pivot: 2128.0 Our preference: SHORT positions below 2128 with targets @ 2100 & 2092. Alternative scenario: The upside penetration of 212...