FIB-RETRACEMENT WEEKLY, CHANNEL, RESISTANCE
UKOIL, CHANNEL IN CHANNEL, BUY ONCE WE BREAK,CLOSE, AND RETEST THE SMALLER CHANNEL
Brent Oil is in overbought territory, likely forming a triple top on the daily chart, and retrace to test the trend line. short here with a first target around 70 and second target at 60.
Somebody knows something about something id say, line wipes coming through
Its been down here long enough, strength in background
-NEW SIGNAL- Type : Market Execution Date : 11.10.2016 Time : 11:20 GMT+1 Technical : The USDJPY is on nice supply h4 zone with formed BEOB, we looking for a short setup. Pair : USDJPY Timeframe : H4 Trade setup : Short Entry at : 103.900 Take profit 1 : 101.828 ( 210 pips ) Take profit 2 : 100.300 ( 360 pips ) Take profit 3 : Stop loss : 104.500 ( 59 pips...
Fundamental Analysis : Analysis align with USD Market sentiment which is FOMC expected to Hike Interest rate. Technical Analysis : Price hit BRN line @ 100.00. Price hit Max Seq for Flashback price from 98.982 - 107.499 Price expected to move to Max seq for price 125.817 - 98.982
GBPAUD for long position. Entering minimum sequence for daily flashback from 1.97438 & 1.67191. Entry zone for long position at 1.7210 & 1.7230 Disclaimer - this is just my trading's idea solely for improving my trading skill only.
Price compression Big round number 135.00 brn swing line
We can see that support trendline from December 2015 is still active. The NFP on Friday price push to channel middle line. We are looking for retrace to strong weekly supply zone and BRN 1.1500 then we will looking for short call. The risk reward ratio is very good. Long term we looking for break monthly demand level @1.0570 and to go down to 95.000 or 93.000...
We have bad news oil complex so our target short position 27.0 or down. This price OIL in III Wave Elliote and this good news for us. The OILWTI dropdown so OILBRENT dropdown too.