The Organisation of Petroleum Exporting Countries and its partners (OPEC+) producers surprised the market with a decision on Sunday 2 April 2023 to lower production limits by more than 1mn barrels per day (bpd) from May through the end of 2023. This decision was announced ahead of the OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting scheduled on 3 April...
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
Long trade in line with the overall bullish trend, closed the imbalance, now we try to go higher targeting the next swing high of the range.
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
My mentor, and I have a totally different bias on AU. I heard him out, and watched as he charted both sides. His main confluence was a bearish engulfing candlestick on the monthly chart. Pushing him toward "sells" only in the month of April. While that can be intimidating, on the technical side, along with his other confluences, I see potential continuation of an...
Wti-Oil is another pretty simple setup with a continuous bullish movement up to the nearest supply, we may see a breakdown from that zone but of course if we don't see a breakdown we will look towards the new bullish range that would of been created to make another move higher... from open iam looking for price to drop down giving us a reason for a shift higher...
BINANCE:BTCUSD Fibonacci Channel Regular Channel
BINANCE:XRPUSD We are experiencing an inverted Head Shoulders on the Weekly Time Frame.
:uptrend: :bullseye: Follow the lows Look for gaps Place orders in wicks Wicks predict Buy and Sell at extremes Growth is exponential
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
GJ has shown consistent weakness at this level. A promising sell initiative through the Asian open points to a push lower. I’m expecting a retest of 163.746 into a push lower to test local demand at 161.700. This trade is contingent on yesterdays intraday trend being broken.
UsdCad Demand - Bat Pattern Long, In HTF potential reversal zone..
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium. When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the...
Let's take a look at the British pound to the US dollar pair following our DXY analysis. Our short-term outlook is bullish, with a potential push towards one of the areas of supply above, before an overall bearish move to the downside. We anticipate short moves overall for this pair this week, as we have already broken through some key structures in our last move,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart OKB is overall bullish , and now retesting a strong support zone , so we will be looking for buy setups on lower timeframes. on H4: Right Chart The bulls took over by breaking above the last green high, and now we are in a correction phase. 🏹 ...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDJPY has been overall bearish trading inside the falling orange channel, however it is currently approaching the lower orange trendline. So we will be looking for buy setups. Moreover, the green zone is a strong support and demand. 🏹 So the highlighted purple circle is...
Change of short term trend, counter-trend trade to the next supply, very clean pattern. Let's see if we get filled
hello traders Inflation results were very positive and fell at a reasonable rate, at the same time US bonds began to suffer. The markets are expected to recover slightly, specifically the crypto market This is consistent with the technical analysis of Bitcoin. We have wave A and wave B is about to end. The price has reached a strong buying area, so we expect...