OIL LOVES TRIANGLESCrude Oil inside a new potential continuation triangle. Another time.
47.05 is a big support and pitchfork seems to be a really valid tool to understand various supp/res levels
Closed
And now it's time to sellSell on rebound. Channel bullish breakout will invalidate the idea.
This time we have a 3 risk/reward ratio compared to 2.5 r/r of my previous idea on EURJPY
BULLISH GARTLEY ON EURUSDPotential bullish gartley on EURUSD. Bullish trend confirmed on short term on rebound on indicated level. Long term confirmation will arrive if EURUSD break triangle continuation pattern.
Crude Oil: Bullish GartleyPotential bullish gartley.
Confirmations:
bearish channel top
price increasing double top + RSI descreasing double top
MACD @ same level of previous rebounds
POTENTIAL BEARISH BUTTERFLY ON S&PPotential bearish buttefly on hourly chart. Confirmation will arrive if price reverse in the zone indicated.
SHARK&BUTTERFLY ON GOLDA medium term view on Gold. Wait to check if we're inside a shark pattern then wait 1st confirmation breakout to sell.
SHORT TERM VIEW FOR EURUSDdouble confirmation for a bearish trend in short term for EURUSD: bearish shark pattern + bearish AB=CD pattern
sell the breakout of the level indicated on the chart
BULLISH BAT ON USOILPotential bullish bat pattern to 43 @ .382 fib retracement on 1st wave. Target of bullish bat is top of continuation triangle.
As always use your own strategy to take position and good trading.
DOUBLE BOTTOM + BULLISH BUTTERFLY ON EURAUDlong confirmed by double bottom (confirmed by rsi too) and macd rebounded on its ema9
Potential BEARISH BAT on DOLLAR INDEX1. double bottom bullish divergence on RSI (check it on the chart, i've rounded both minimum in red)
2. macd rebounded on its ema9
3. macd is crossing zero line
CUP&HANDLE EURUSD short-term viewShort term trend could be bullish if price will break handle breakout level to target level indicated.
Target level is a potential rebound zone so buy careful and always using your own strategy.
