Stokcs, Metals, Energy, Forex, Crypto
Thursday, May 31, 2012
Crude Oil 15 Min | Elliott Wave
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
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: 78.65. Our Preference: LONG positions above 78.65 with 79.05 & 79.15 in sight. Alternative scenario: The downside penetratio...
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Pivot: 78.5 Our preference: short positions below 78.5 with targets & 78 & 77.6 in extension. Alternative scenario: Above 78.5 ...
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Pivot: 0.96. Our Preference: SHORT positions below 0.957 with 0.952 & 0.95 in sight. Alternative scenario: The upside penetration o...