DAX has shown resilient upside action in the last month and a half, moving past the all-time highs yesterday, but it seems it's soon gonna complete to major targets from the Weekly chart.
I am waiting to see where BTC will close on the Weekly chart, close below the OP target could mean deeper retracement.
0.382 FIB from $25400 lows stands exactly at the OP, but it might be a stretch in 3.5 trading days remaining until the end of the week.
ETH/USD has hit the OP target in...
Today I am looking at the interesting setup on JPY/USD.
On the weekly chart, there is a downside acceleration towards the 0.5 FIB and possibly the confluence area.
On the daily chart today, the market accelerated to the downside to compete with the OP target which stands in confluence with...
Agree, if it fails here the XOP it could go for the XOP for sure, do you think we could see something bigger on Monthly chart like this abc COP, although I am not sure how to draw the FIBs from the late 2020 lows when the price went negative.
To be honest I trade the best when I dont look at...
This setup on US Oil looks atractive to me. It seems to have everything neccesary for at least a reaction to the big Daily OP target and 0.382 retracement from the high to the OP target.
ABC OP on the daily chart with the slower cd leg and the close just above the 0.618 FIB yesterday.
On...
I am looking for this potential setup on GBPUSD today. Symmetrical triangle formation on Daily chart with LLs.
Initial still valid ABC XOP on intraday charts with completion right at the upper border of the daily symmetrical triangle in confluence with 0.618 FIB from 1.233xx high.
Potential...
Interesting how the perspective of the BTC community went from rebellious, being against financial institutions and big banks to now hoping the financial oligarchy will jump into the game to push up the prices
Silver market already completed the big OP target in confluence with 0.618 FIB from $17.5 lows.
I am looking for opportunities to enter long on lower time frames.
Larry Pesavanto hosted Joe Di Napoli on his show on Friday, September 1st.
If you guys want to watch it here is the link. Always insightful
Joe Di Napoli's part starts at 12:15 :)
I am looking at his USOIL setup. XOP in confluence with 0.5 FIB on the Daily chart and possible 3 Drives on the intraday charts in the same area 80 - 80.5$ :)
Is the job market really that strong or do people just need to find a second and third job to keep up with increased prices of living? When there are no more second and third jobs to find, what happens next?
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