WTI just recorded another record-breaking drop in a week, showing no sign of stopping even in the last trading day. The oil price has definitely reached an extremely overbought level and it should not be any surprise to see major correction like this. Do keep in mind that oil is still in a bull market and it's very likely that oil demand will reach another...
A nice buy approaching once price enters the closest demand, if price doesnt show my entry model on LTF and continues to fall then we will be looking at the next demand for a long opportunity.
As per my analysis, NBCC(India) Ltd NSE:NBCC is around the demand zone. Due to the current market conditions it might go a bit more downward, but then start moving upwards towards Target1. Please do let me know in case my understanding is wrong.
Vistry Group PLC ( UK ) Potential Area of Demand 28 October 2020. The First Demand Level was tested in 2016. The Second Potential Demand Level is a Fresh Level Probably a better level. LSE:VTY
Long at Demand ________________________________________________________________________________________ Golden Trading Rules: Never average losses ________________________________________________________________________________________ I'll be happy to read your opinion and ideas if you like the idea, please give it a like for support, thanks Have a...
Looking at recent structure, we can see the price are creating a new LH which align with previous based (minor supply) as well as 61.8 fibs level. look for rejections candle before shorting. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and...
Company Info : Amkor Technology, Inc. is a provider of outsourced semiconductor packaging and test services. Founded 1986 Chart Analysis This is a daily demand nested zone in a monthly demand zone, price has rallied . Conc: This is a long wait trade. will be need to be patient as the zone is way low Prop: a good setup cheap stock
A Supply Zone and Demand Zone (both blue boxes) I just noticed on the AUDJPY 15min chart. One will certainly trigger. I have more faith in the SZ since price broke so many levels to create a reversal, not to mention breaking my green trend line, which was created on the 1h. If price returns to that zone, I expect it to continue the drop. And maybe there are enough...
This will most likely be my last idea for 2018. If the price comes down into this demand zone smoothly, I'm predicting the price to make it's way out of there for a gain of 50 pips to the supply zone above. It may go even further since this area is low on the weekly curve. Happy Holidays, Traders!