Could this be the last call for the bears as price rallies? Bearish Doji Pattern forms on the Daily chart. Symmetrical Triangle Formation On 4-Hourly chart. Short Opportunities With Very Low Risk Before we take a look at the developments in the Euro and what to expect moving forward, read over the previous article as Read More…
Gold Futures prices bounce off the minor support zone. The smaller time frames show many trade opportunities. The bearish sentiment remains. Quick Recap Last week, we mentioned the possibility of a bounce out of the minor support zone at $1,622.20-$1638.50 within the larger term downtrend. Take a look at the article here to get a Read More…
Target 1 hit from Monday’s trade idea. The Daily chart shows the formation of a bullish Parabola pattern. CL retraces into the Gaussian Channel for the first time since July. Recap From Monday CL has dropped about 4.5% since Monday, and the price target of $82 stated in our analysis has been hit for a Read More…
Multi-Year support level successfully holds as resistance. Is Gold oversold in the short term? Sell-off followed by consolidation pattern on the 4-hourly chart. Multi-Year Support Now Resistance If we rewind to last month, we watched gold break below the major support after holding for over two years. We stated that the level could turn into Read More…
Price bounces off the Parabola. The Cup & Handle target has been hit. ES maintains its bearish outlook and potential targets to note. The Cup & Handle From Last Week Last week we reviewed the Cup and Handle Pattern on the 1 Hourly ES chart here. Target 1 was met as the price bounced off Read More…
Price of 6E trading within a resistance zone. Using the stochastic on a shorter time frame for entries Bearish Tone Remains Price Action for 6E As expected, the Euro has been trading within the range where we have been aiming to gradually increase our short position. The price range between $0.9768 and $1.0035 is mentioned Read More…
