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As expected in this pair continues to head south. Right now, anyway, a nice bullish engulfing on daily is setting up at completion of an abcd harmonic move to the downside. On lower timeframe (4h) a double bottom already completed with bullish RSI divergence. This could trigger a nice countertrend long trade before looking to a continuation downside (to the...

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Just a couple of scenarios to get involved short depending on the depth of price action retracement (sell zone 1 Vs sell zone 2) .

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Bullish BAT pattern could complete at significant structure level right in between .382 and .5 fibo retracement of a one-month (October) rally.

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Wait and see how price will behave at .382 fib retracement to get involved short side.

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Crude has just broken an important support level. Where is it heading now? Well, there is a nice confluence area considering the last 2 harmonic moves to the downside and fib extension (and inversion) levels. Let's see how price will behave in that area.

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Price is consolidating around 0.382 Fib retracement of a strong bull impulse. Pending buy stop above last fews indecision candles to get involved.

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Gold has just put a pretty strong bullish engulfing on weekly chart that could push price higher for a while. Anyway, on daily chart gold is approaching a nice area of resistance. Let's wait and see how price will behave in that area: having rencently broken support, short side is still preferred.

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Just a couple of retracement levels to be aware of, in which I'll look for a reason to hop in this downward trend.

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Bullish butterfly completed in a support/resistence zone. Right now price is retesting the D point with strong momentum. For that reason wait for a doji/hammer/engulfing in a lower timeframe to enter long the next candle.

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This pair has recently tested an area of resistance and got rejected. Look for a retest of that area to short (wait for .618 fib retracement of last swing low on lower timeframe )

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Possible butterfly into bullish flag pattern. Butterfly completion point could be very close to the lower band of the flag. Target 1 displayed on the picture, target 2 looking for further run to the upside (same size of the main impulse leg in the chart.)

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Even if it is not a good idea to trade this weekly pattern due to extreme risk of having stop loss below X point, this still can be useful to "turn the radar on" seeking for nice corrections movements to the upside on lower timeframes.

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Gold is in a well established downtrend and broken structure to the downside proves this trend's still strong enough to reach more southern price levels. On Friday broken structure was retested by a long green candle. This last candle shows a nice bullish momentum to the upside. That's why I'll be coservative placing a double stop order rather than sell at structure

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Bullish butterfly is completing in an area of support (lower bound of a channel established in late 2011). Action: Wait for a price to test butterfly completion point. If RSI oversold, buy looking for a restest of channel's upper bound which had been a nice bouncing area back in early 2011 as well.

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As stated in a previous idea () this pair has already been rejected on major daily structure. Now is setting up a possible head and shoulder pattern on lower timeframe (4h). Many pin bars formed on Friday showing price rejection below left shoulder level of the formation. Action: On Monday look for price to not gap nor open above pin bar's tails and sell at...

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Bullish Cypher pattern in the 1h timeframe is completing in an potential bouncing area defined by relevant daily structure (recently broken to the upside). Action: buy at cypher completion and look for continuation.

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Bearish BAT pattern is setting up in a well established downtrend. At BAT completion, many fibs levels are lining up defining a nice kill zone.

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Looking for a continuation to the upside in the direction of the main trend (retraced 50% circa). Buyed at market on the first green candle close after the double bottom.