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What i have see:-
RSI Indicates Price Still in Bearish Momentum.
Double bottom possible at 54.5$ Zone.
If its confirm me we will see some positive momentum.
Green Box is Supply level. If it break we will see 60$+
Good Luck :)
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Fundamental Analysis: U.S. crude stocks fell by nearly 11 million barrels last week, the Energy Information Administration reported on Wednesday, well above analysts’ expectations for a drop of 4 million barrels. Oil prices have also been under pressure from concerns about global economic growth amid growing signs of harm from the U.S.-China trade war that has...
Take this as an idea to develop your own setup
Main Items we see on the 4HS CHART:
A)Price made a Flag pattern suported by the daily descending trendline
B)Flag patterns are considered continuation structures
C)The first breakout of the Flag pattern we think was a fake out to catch short entries with a tight stop
D)Now the price is making a pullback to the...
After breaking above and recapturing its 200 DMA earlier this month, MCDERMOTT INTERNATIONAL CORP - NYSE:MDR is starting to show signs of life and presently finds itself trading within a flag pattern as we can observe from the Daily chart above.
While further works is required, MDR currently trades above all of its important moving averages 20/50/200 DMA's, which...
Supplement to: ZECUSDT/6QOHSMU5-ZCash-buy-in-opportunity
Privacy coins occupy a function within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider essential.
Bitcoin itself is often incorrectly referred to as an anonymous way of transferring...
Oil is inside of a multi day consolidation and until it moves out of this large zone will be shorting from tops and long from bottom ( 58 and 55.30) we also have a small time frame consolidation that can act as a break out trade to these upper and lower areas. ( marked in red) Moves out of these upper and lower boundaries will be seen as substantial directional indicants.