Price action trading patterns probabilities and targets

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DAX

IN THE RISING WEDGE AND TESTING THE BREAKOUT 12500. PATTERN RISING WEDGE. SHORT TRADE WINNING PROBABILITY 80%

POSITION: SHORT TARGET 12000

 

 

S&P500-SPX

BACK IN THE RISING WEDGE. PATTERN RISING WEDGE. SHORT TRADE WINNING PROBABILITY 80%

POSITION: SHORT-TARGET 2980

 

 

NIKKEI

RISING WEDGE BREAKOUT TRIANGLE CONSOLIDATION TESTING THE LONG-TERM FALLING LINE. SHORT TRADE WINNING PROBABILITY 80%.

POSITION: SHORT- TARGET 20910

 

NASDAQ

TESTING THE STRONG CHANNEL RESISTANCE LONG-TERM BROADENING WEDGE 11580 AGAIN. SHORT TRADE WINNING PROBABILITY 50%

POSITION: NO

 

 

GOLD-XAUUSD

TESTING THE DOWNSIDE RESISTANCE 1930. PATTERN UPSIDE CHANNEL SHORT TRADE WINNING PROBABILITY 50%

POSITION: NO. THE PREVIOUS TARGET ACHIEVED

 

 

COPPER

TESTING THE DOWNTREND CHANNEL RESISTANCE 2.98 AGAIN. PATTERN RISING WEDGE SHORT TRADE WINNING PROBABILITY 80%.

POSITION: SHORT-TARGET 265

 

 

WTI OIL

RISING WEDGE TESTING THE WEDGE BREAKOUT 41.20. SHORT TRADE WINNING PROBABILITY 80%

POSITION: SHORT-TARGET 37

 

 

PROBABILITIES 20% LOW 50% NEUTRAL 80% HIGH WINNING TRADE PROBABILITY

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