USOil formed double top pattern on very strong supply zone supply zone of 61.8% fibo @ 58.62 upper line for channel do cross point with supply zone which show more strength for that point volume profile shows HVN @ 57.00 , so price should be attracted for this level at least
The price is near the Support/Resistance Zone and can bounce up. The best entry will be after the false breakout. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
My weekly views on gold are indicated on the presentation. Even though the buy signal is coming, I think this is the only response buys for now. The bull market continues on the main channel. And in 2020, even though I expect higher peaks than 2019, I think that gold prices should fall slightly. I expect gold prices to fall in the medium term.It is very important...
The price formed a Support Line on H1-H2charts. We can look for short term Buy entry in marked zone. The target will be near the Mirror Level 1480.40. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
The DAX30 CFD was range-bound again last week, and since we have a thin economic calendar this Monday, we have to see whether we get to see a serious attack of the DAX30 CFD to break out of its range. The relevant levels can still be found around 13,100 points on the downside, and 13,300 points on the upside and, and this is where our focus will be. While the...
October was phenomenally good for WTI oil trading. My last target for the long trade is lying on 60 level. Those who are looking for a short trade, focus on 60 - 61 resistance area. this area was respected multiple times by the market in the past and, in my view, it is the safest zone to sell. for now, it looks like bullish tendency will remain and...
XAUUSD broke out short term sharp down trend line , shows that down trend it's not major trend Price could't hold much time below demand zone @ 1459.00 Volume profile shows that price will be attracted to HVN area
In my previous analysis, I said early for trade. I think it can be tried now. Because there is a negative appreciation of the pair independent of the general economy. That's why I said in my previous opinion that the ascension could be very powerful. Maybe this is the right time. We should stay in the game, but taking a reasonable risk from our capital. I think...
I will open Sell position if the price will make a false breakout of Historical Level 13204.5. Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
I will open scalp long position in Buy Zone because: 1. The price dropped down more than 1 daily ATR, 2. Key level 1480.90, 3. Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
After the FED cut by 25 basis points last Wednesday, along with stating that the US central bank will act in a more data-dependent way regarding future monetary policy decisions, the ISM Manufacturing PMI printed at 48.3 points for October, rising slightly from a decade-low of 47.8 points, but still missing market expectations of 48.9 points, keeping near-term...