Brent short - 50% FiboThe Brent has reached the level of 50% in the Daily and seems to be about to start a new bearish phase. I have identified two possible targets in the graph, one at 38.2 and the other at Fibonacci 23.6.
Single stop loss for both transactions.
I could decide to reinforce my idea short if today's heikin ashi candle, on Friday, should close in short.
Cloudaut
AUDCHF shortAnother extremely interesting operation is that on AUDCHF, in which we always see the Swiss franc in the denominator that is being appreciated in the latter period also with respect to the Australian dollar. My trading idea is n short entry with a risk return ratio of 1 to 2.25. The structure of this cross as you can see is bearish and we are below the 240 period moving average both daily and weekly. In the weekly magazine, the doji heikin ashi was broken.
CHFSGD LongTested the support in the 1.3435 area and broke the previous maximum. The direction is upward towards the target in area 1.39.
Here too I see the appreciation of the Swiss franc well this time against the Singapore dollar. The Heikin Ashi spark plugs are confirming me both in the daily and in the weekly a trend reversal and a start of a new bullish phase.
AUDUSD short according to my Clever Climb5 strategyHi everyone, it's been a while since I've been analyzing here on tradingview, but not because I'm not trading but because I'm testing and experimenting with various ideas and above all operational strategies, one of them Clever Climb 5.This strategy is giving me good results and you can watch it here www.mql5.com The results are quite evident and tangible and thanks to the use of my strategy I wanted to share with you my short entry on AUDUSD.I have identified on the chart two target levels and a stop level. You can enter with two shorts or splitting to the possible achievement of the target1 the only short closing half of the position.As you can see from the page that I have indicated, over half of the open transactions have been closed at a loss, but the profit accrued is still very high, this demonstrating the fact that with this method I manage the losses and let the profits run.The sample for now covers more than 130 trades, open and closed in less than two weeks, and so it is not really just a few operations. In any case, we'll see how it will proceed. With this I greet you and wish you a good end of the year but above all a good start to all of you!
WTI CRUDE OILInteresting occasion for WTI Crude Oil -0.21%. The price hits the dynamic resistance RD1 in a millimeter way and between 0.58% the other with the extreme speed typical of a level test movement, and this happened after the extremely negative data on US oil stocks came out. This movement against the trend makes me think of a preparation for a strong fall, a bit like a run-up before resuming the descent.
What I expect is a rebound on RD1 to aim first at S1 and then at S2. They are certainly two ambitious targets because it is a 5% and 11% profit. My 0.20% trading idea is therefore definitely bearish. As always ... we'll see.