Four trade setups for next week

DXY (US DOLLAR INDEX)

DXY bounced hard from a strong uptrend support and a possible fourth Elliott Wave finish point 100 level.

TRADE SETUP: LONG SL 99.50 TP 106.500

ETHUSD (Ethereum)

ETHUSD is testing the uptrend support line 1800 level. A break below this level could trigger further selloff.

TRADE SETUP: LONG SL 1585 TP 2645

OIL FUTURES (USOIL CFD)

OIL is breaking below a descending triangle 65.4 level. This is opening a further extension lower to 50.

TRADE SETUP: SHORT SL 67.5 TP 50

NIKKEI (JPN225 CFD)

Nikkei is testing 32 support. We can expect a bounce off this level for a powerful upside swing as this proved to be a strong support in previous cases.

TRADE SETUP: LONG SL 31500 TP 35000