long term buy on sp500, i will update the chart on where to close profit and take a loss
The price of US OIL will keep going up to higher levels (resistance zone) , before that, the trend will get tested and then the support zone will push the price higher.
The HK50 has managed to returned to the bottom of its bullish channel that was created on the 1hr/4hr time frame. This kind of price rejection on the downside is positive for the bulls, and the possibility for a continuation on the upside is very likely at this point. We are approaching the end of the year, and we are approaching Thanksgiving. Market participants...
It looks like we will finally break through this strong resistance, as ADX is showing a possible beginning move.
Is bitcoin still a sell? Who knows with this volatile instrument! All I know is I'm happy to trust my back tested strategy. Entry details are shown on the chart. Working the 2H time frame on this strategy. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I...
I highly recommend selling now, because the market is having a short position depending on the indicators.
In Weekly TF, we can see a Double Flat correction forming, And we are currently on wave B of the second Flat, I expect the price to get range in a few years from now between 80 to 100$. This Range should at least take till the end of 2021 and normally till the end of 2024. After that I expect another crash in oil price which should take price below 30$. What...
Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly'...
Wow it was a crazy week for oil..! Quite volatile I would say! However, the market moved eventually as expected, quite rapidly though to significant high levels. I wasn’t expecting such a big rise so soon. Previously we said: “Falling below 65 USD per barrel would give me negative signals relating to an oil demand boost” > Which of course did not happen. Instead...
This is just a simple painting, no more no less ... Do the right job with your knowledge !!!
Silver has traded the fib lines perfectly since early 2006. Price is currently just below .05 fib and if breaks above could push upwards towards next resistance around $32. If this level is broken price could continue push up towards $35, or we can see a retest of the .05 fib at about $29.80.
Scenario : Sell Stop Entry Point : 13713.0 First TP : 13600.0 Second TP : 13400.0 Key Levels : 12866.0 , 13713.0 , 14065.0
Following the world economic recovery, FTSE is now in a bullish cycle and here's our view for the upcoming days: 1.LONG : If the price retests the lower trendline and forms back a green bullish candle on the H4 timeframe, a Long position can entered there. And when the price reaches the green doted line, an additional Long position can be entered with more...
Technical Analysis : On the 1-hr time frame the price is bouncing within an ascending channel formation. Our expectation is a lower swing toward the bottom of this pattern. In addition, we have a confluence zone between the daily support and the support trendline at the 1.1057 mark which might cause a move upward to the 1.1119...