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I will begin WTI CrudeOil ZeroMarket Chart Analysis for August 14th .
This is a 30-minute chart of crude oil.
Based on the green parallel line support,
This is a long position strategy.
Please refer to...
USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiboancci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3367 (horizontal pullback support, 38.2% fibonacci retracment, 100% fibonacci extension).
Stocahstic (89,5,3) is also...
DAX is approaching our first support at 11425 (horizontal pullback support, 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our first resistance at 12547 (horizontal swing high resistance, 50%, 61.8% Fibonacci retracement ). Stochastic (89,5,3) is also approaching support and seeing a bullish divergence and we...