EURAUD has been showing strong support at 1.4400 level. We could see a move up very soon on daily chart. What do you think? I'm watching for a long move on this bat pattern to complete leg D
I am still long on oil. YES, there is basis to support a reversal on long term daily chart, this is a reversal zone, but I think the potential reversal of OIL is maybe a bit premature. The reason for this is oil has not yet reached 38.2% daily FIB level as indicated on my chart. I think we will see some consolidation/hesitation now then another push upwards with...
The DAX looks like retesting the 10470 highs of the past 8 months then stalling and dropping down to the 61.8% FIB level of the previous move up - This appears to be a key support area