Trading Timeframe: H4 and Daily Trend: Up Current Position: Downward Retracement Aim: Catching the downside movement as a retracement of the up trend. Action: Short Entry: Right now/once market open Stop Loss: 72.90 Target Profit: 67.50
ptobability of falling down from here is higher. support and resistances are indicated. always DYOR CHEERS MM67TRADER TEAM
Oil is crashing. This selling momentum will see buyers level as well. Kijun Sen support and Fib Support is my target long area, swinging from volatility. If current support fails, oil is going full on correction towards Ichimoku cloud.
BCOUSD is approaching our first support at 73.27 (38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 75.62 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic is also approaching support where we might see a corresponding bounce in price....
BCOUSD approaching support, potential bounce! BCOUSD is approaching our first support at 73.27 (38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 75.62 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic is also approaching support where we...
Espero que os sirva y a ver si se cumple, lo he analizado hasta mayo, en el caso de que vuelva a coger tendencia alcista sobrepasando la tl lo volveré a analizar y esparé a un posible retroceso y un buy, también habrá que tener en cuenta las fundamentales. Y en este caso he utilizado el retroceso de fibbonacci para marcar en las zonas en las que se resistía el...
BCOUSD is approaching our first support at 73.27 (38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 74.98 (61.8% Fibonacci extension). RSI is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk....
BCOUSD is approaching our first support at 73.27 (38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 74.98 (61.8% Fibonacci extension). RSI is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk....
EXPECTED TO REACH 80... OANDA:BCOUSD
After confirmation, take profit between 73-78
Brent Crude Oil OANDA:BCOUSD BCOUSD, Forecast on H4
BCOUSD is approaching our first resistance at 72.09 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 70.70 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal swing low support). Stochastic is also approaching resistance and seeing a...
We Have OANDA:BCOUSD Here In Logarythemic View This is only an Idea not a SIGNAL
BCOUSD Brent Oil long swing trade setup 4H based on fundamentals and volume pushing higher. Entry on pullback into fib zone as shown on the chart.
BCOUSD is approaching our first resistance at 70.94 (horizontal pullback resistance, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 68.48 (50% Fibonacci retracement , horizontal pullback support). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.