serpico.salvatore

serpico.salvatore

analyzing the weekly chart we see that 3 weeks there with a low volatility and a strong indecision this could mean that in area 10 / 11:50 could inizire a downward until at least 9 area as the day would go to close the gap even partially closed on 31 / 07/2014

serpico.salvatore

on the daily chart 200 moving average periods on the strength of 130 could prove to be a very strong resistance being supported also by the moving average then rangiungiamento at this level it is likely that prices will return to the first support 125 and then to 120

serpico.salvatore

on the monthly chart we are in a price range of between 93 and 103 currently on the weekly chart we find ourselves on the support of 93 but already three weeks ago we had a large increase in volumes on a candle of indecision (minimum reached 94.78 then go to close 95.66)) the next 2 weeks we had 2 candles always very small and always indecision and quedi likely...

serpico.salvatore

on Tuesday there was the breaking of both the support of both the 1.34 61.80% fibo extension of suggesting a further decline to support 1.32 but in the day of Friday, the prices are back above the 1:34 forming a bullish pin bar on the weekly chart so it is very likely that prices will return to the resistance 1.36

serpico.salvatore

The monthly chart shows that from 3 months there is a strong low volatility with candles indecision while the weekly shows us a possible bearish trend started in March. Also on monthly moving average we have 21 times its level 14 so it is very likely that prices will stay in the box 14 and then get on the strength of 16

serpico.salvatore

after three weeks of decline seems to be finished by now as the week has tested the level of 61.80% fib extension forming a right pin bar (though not perfect) and closing the week above the moving average of 21 periods that could also function as support and so could be a further confirmation of the upside and likely that prices will go back into the box 1:36

serpico.salvatore

uptrend started in March 2009 so we are in a bullish primary trend but in the last two weeks we find ourselves with two candles that have the indecisionene lla penultimate week we can also note high volumes of indecision on a candle this could be a sign that prices will return to the support 42/42.50 then resume its ascent on the strength of 47 which could be the...

serpico.salvatore

on the weekly chart you can clearly see an upward trend started in July 2012, can be considered a primary trend now we are in a downtrend that is nothing but a strong retracement with a first support at 1.34 (50% fibo) and the other 1.32 (61.80% fibo) there is a good chance that prices could even reach 1.32

serpico.salvatore

comparing the chart with the RSI indicator we find ourselves with two different synthetic indicator indicates 2 lower highs (February 2013 and the other maximum dicenbre 2013) while we are on the graph with increasing maximum 2 and the other factor that 'indicator shows a clear resistance to the maximum recorded in March 2014 this makes me think that the breaking...

serpico.salvatore

on the weekly chart we are seeing for 3 weeks with candles showing indecision and therefore very likely that the rise will stop at 104.50/105 area and then down on the support of area 100 that most likely will be support for the entire month of August

serpico.salvatore

after 2 weeks of rise seems that the market has had a break and very likely on the support of 80 to resume its bull run in 82.50 area where the vendors are strongly positioned so hardly can break this level throughout the month of August

serpico.salvatore

after a week of rising now we are in box 81 of a resistance is not particularly strong so in this case we may have a congestion or a slight retracement then resume its course towards 82.50

serpico.salvatore

according to options contracts open on the level 78 (among which we are also close to a support) sugerisce that there are strong PURCHASE and prices with great probability can arrive up to the resistance area 82.50/82.60

serpico.salvatore

despite the break of 1.3680 resistance today it seems that the prices are returning to this resistance under most likely the prices will return to the support area of 1:34 that should hold up for the entire month of July, the same should also apply to the resistance of 1.3680 then the my personal opinion strongly shorts

serpico.salvatore

January 31 I posted an article saying that the month of February would have broken no minimum in January as it was in the presence of a candle where there had been a strong indecision on the part of sellers to continue the descent and in fact so and this month was a pin bar ribassita which the maximum has been reached the 0.82 area might be a good opportunity to...

serpico.salvatore

on the monthly chart Dragonfly Doji in the direction of the underlying trend Dragonfly Doji is currently 61.8% Fibonacci extension so it might be a good opportunity to go long on the maximum of the same candles with probable goal of 1.97/1.9759 (fe1.000% )

serpico.salvatore

Black Marubozu On the monthly chart area in 1:37 should be a decidedly bearish market being that the underlying trend and bullish means that we find ourselves in the presence of a retracement support area with goal 1:31 (61.80% fibonacci)

serpico.salvatore

on the monthly chart, and despite being in the presence of a downward trend after a sharp decline last month occurred as often happens after you have a candle of indecision and is likely a consolidamente then probably the month of February could hardly break the minimum this month