i see the trend going down to test the support before continuing on its long channel
after four rejections to the upside in the last four days. im looking to take a short position down to 49.78
A head and shoulders formation suggests that the price is likely to go bearish.
after breaking linear support I expect the price to move down
it looks like the us30 is respecting the channel up. a double bottom which is basically a retest of the channel support, tends to point to a rejection from that level
HEAD AND SHOULDERS ON US30. POSSIBLE LONG TO COMPLETE THE H&S FORMATION
area of value - check bearish marker - check retest zone - check rejection from the top - check. this point to a downward movement of the price
bullish pinbar on the daily points to a bullish push
after the bullish pennant was broken, it looks like the price will shoot for the 1800 if the laws of the triangles are to be applied
im looking for a sell on after the support retest
USOIL BROKE STRUCTURE AND RETESTED THE SUPPORT. TIME TO FLY
going short on USDZAR after the formation of the right shoulder
this pair is likely to fall. all evidence from the monthly to the daily points to a fall. so consider going short on this pair