FadeTheTrade

FadeTheTrade

Opportunity to buy with tight SL represents good risk/reward even counter-trend. Do your own research. This is not trading advice.

FadeTheTrade

It is all on the strength of USD here, but there is a chance for a significant uptick here if it can make gains above 1.18 and consolidate there.

FadeTheTrade

I believe this downward trend line is extremely significant, I would not consider a long position until it has broken it, and even then I would expect a retest if this structure. I would target a profit in the region of 5850-6030 if it does break. Should the TL hold firm I would expect a move to 4,000 fairly sharpish.

FadeTheTrade

I believe we will have a breakout from this structure before April. It could move in either direction but realistically the risk is to the upside. I personally don’t trade this but a useful indicator for other related markets.

FadeTheTrade

Here is a Overly simple curve that for me fits with a squeeze towards 30,000 with the market having to work harder and harder for smaller gains. This would coincide with a VIX trend line which could suggest a breakout in March/April time

FadeTheTrade

Opportunity to try and get in short assuming we see another sell off on the close with a reason;y tight stop. Thanks