Entry triggers for today's session 17-07: Below 15.97 - Bearish scenario Aboce 16.10 - Bullish scenario
As described on the chart, we're now on a lower trading range level trying to retrace a bit after this morning big dump supported by the USA indexes too. I think that the markets is waiting for tomorrow to make a movement, FED will talk about interests rates. Probably it will announce that the rates will rise shortly, and in this case i suppose that the global...
Update: possible sell momentum below 1340. If WS will openwith a gap down, i will wait the recover and will seek the best prices near 1340
Take it simple...and look about the strong correlation with Bitcoin using derivatives, as mentioned some posts ago
A simple map with Multiframe's trendlines, supports and resistances, all the setups in full details will be online in a few weeks on my website!
Intraday setup
Possible bearish head and shoulders with direct consequences on USA equities first and world global indexes in general
Using derivatives everything is clear for me
Follow updates
The pressure by China's sanctions after Trump's custom tariffs on iron and derivatives caused a bearish accelleration near February's low @ 2550.00, The price has finished his run exactly above the long period trendline, and should be a nice point to see a bullish pullback following the upper-levels attached, as a reaction near the current...