1. 44HMA has almost crossed 77HMA on Monthly chart. It is a very strong signal usually. 2. Potential ABCD was formed on chart. 3. Double Bottom potential looks eye-catching. 4. Imperfect H&S was formed.
I have published EURUSD 1hr forecast on Friday, however I have not paid attention on 4hr chart, where 44HMA has crossed 77HMA. That's why to look throught higher time frames is so important when you enter a trade. Now I see on 4hr chart that 44HMA has just crossed 200HMA and Friday's move looks like a false break of a Parallel Channel upside. So, I would prefer...
I have published USOIL 2hr forecast on Friday, however I have not paid attention on 4hr chart, where 44HMA has crossed 77HMA. That's why to look throught higher time frames is so important when you enter a trade. Now I could see on 4hr that possible ABCD was formed. So to sell Oil till 1.0 or 1.618 extension looks like a good try.
XAUUSD: 1hr - 44HMA has just crossed 200HMA - it is a very strong sell signal in my opinion.
The psychological 3000 level wasn't reached.
Who knows.
There are 3 (!) strong signals to sell here: 1. H&S 2. 44&77HMA cross 3. Few HA bearish candles. Looks very Bearish.
ABCD with 1.0 or 1.618 extension.
I am not going to sell SPX500. A monthly view seems like an exponential growth.
It looks very promising.
It looks very promising.
I suppose natural gas is one of the most dangerous assets, so if you trade it (any side) be very careful. Not for beginners or those who don't tolerate high risk trades.
This idea is based on my previous idea from December 2018 Pay close attention to the chart. The EURNZD price is all you need, clean your mind from any fundamentals, news or rumors. Just draw a simple trendlines and MAs. 1. ABCD from my weekly chart from Dec 18 still looks to be valid. The time boundaries have changed, but it doesn't matter, the proportions are...
Weekly 44&77 MAs have just crossed, so it looks like the Bearish sign has happened. ABCD on Daily chart looks promising however daily 44&77 MAs have not crossed yet. This mean that this trade is very risky and not for beginners or those who prefer careful approach.
When triangle is being formed a breakthrough to any side is possible.