Price action trading patterns probabilities and targets

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DAX

IS BREAKING ABOVE  THE LONG-TERM TRIANGLE RESISTANCE 13200 WHICH IS ON A RETEST NOW. LONG TRADE WINNING PROBABILITY 80%

POSITION: LONG ON A PULLBACK RETEST. TARGET 14500

 

 

 

 

S&P500-SPX

PATTERN CONSOLIDATION RECTANGLE 3880 RESISTANCE BREAK. LONG TRADE WINNING PROBABILITY 80%

POSITION: LONG-TARGET 4060

 

 

 

NIKKEI

RISING WEDGE BREAKOUT TRIANGLE CONSOLIDATION BREAKOUT. LONG TRADE WINNING PROBABILITY 80%. BULLISH PENNANT FORMED

POSITION: LONG-TARGET 30000. TARGET MET. NO POSITION.

 

 

 

 

NASDAQ

TRIANGLE TEST 12200 BOUNCE AND A BREAK ABOVE 13000. LONG TRADE WINNING PROBABILITY 80%

POSITION: LONG-TARGET 15000

 

 

 

 

 

 

GOLD-XAUUSD

TRIANGLE UPSIDE FALLING TREND LINE FALSE BREAKOUT AND A DOWNSIDE RESISTANCE BREAKOUT TEST. SHORT TRADE WINNING PROBABILITY 50%

POSITION: NO

 

 

 

 

COPPER

RISING CHANNEL FORMED. PATTERN RISING CHANNEL WITH TRIANGLE BREAKOUT. TRIANGLE TARGET MET. LONG TRADE WINNING PROBABILITY 50%.

POSITION: NO

 

 

 

 

 

WTI OIL

BREAKING ABOVE THE BREAKOUT CONSOLIDATION TRIANGLE. TARGET MET. LONG TRADE WINNING PROBABILITY 50%

POSITION: NO

 

 

 

 

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

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