Crude oil futures daily: head and shoulders bottom completed earlier. Pullbacks towards $55.75 horizontal support may provide new opportunities for entry. For short term target at $58.20, then $63.00.
Copper daily: breaks rectangle and double bottom. I am looking for a move towards $3.18.
Cotton daily: double bearish breakout of head and shoulders top and rising trend line. initial target at $66.50.
Platinum daily: range breakout. Target at $881.00
AUDCHF Daily: could be forming head and shoulders top. Only on a breakout of its neckline, potential downside move to 0.6870.
GBPUSD weekly chart: The price could be forming a head and shoulders bottom. Only on a breakout above its neckline we could reach above 1.40 again.
GBPNZD Weekly rising channel being retested. Look for bearish resumption confirmation signals.
Great analysys.Thank you for your time and effort.
Kind regards,
Thank you. It is great and useful.
I like trading alerts! And thank you for all the quality posts you make.
Beautiful analysis as always Sir..
I like trading alerts ! Thank your sir
Loved it I believe it will help in making a good trading decision
It would be great if you tell us if it’s a short term or long term potential setup
Thank you for your feedback. I will explain the different time horizons soon.
I like the idea of trade alerts, it let’s us viewers watch the market pair at a critical moment and trade/not trade it depending on our entry conditions for our strategy. Essentially doing the hardest thing for most traders: sitting and waiting patiently for an opportunity.
That’s great. I am glad to help.
Very helpful.
Thanks.
Thanks all for your comments. Keep posted.