Potential long opportunity. Won't trade this one I will just monitor how it turns out!
This looks like it could be a nice bounce play off the trend line that has formed. So far it is holding trend line. I would not FOMO into this, but wait for a nice patient fill just above the trend line. Have a tight stop in place incase we break below trend. If we close a daily below the trend, you could probably enter a short in at the trend line.
As with all my posts, please know that this is very likely going to be completely wrong. A buddy of mine wants to quit his job and trade crypto... and none of you care about that so to make a boring story short, it reminded me of a bit of advice I once heard... Look left - Structure leaves clues. Whether or not I am right or if the advice is crap, I don't...
I'm just putting this here because I can and I'm curious to see how this plays out. It's very probable that this is completely wrong. Hopefully some of you will see this and tell me how stupid I am and share your insightful thoughts about where you see things going (being a dick about it is optional). I'm neither a bulltard nor a beartard, but from my analysis,...
The Brent Crude Oil has been in an uptrend since mid of 2017. The trend-line in blue acting as strong support, pushing price higher whenever It retraces to that support area. My Position : Entry : 75.00 SL : 72.60 TP : 78.60 ** This is not a Buy/Sell recommendation ** ** Please do your own due diligence **
So our last analysis on AUD/USD about 3 weeks ago with the Inverse Head & Shoulders to complete Wave 4 caught us 130 Pips. Now we have multiple confluence to enter short for the completion of Wave 5. BUT HOLD ON A SECOND!!!..... We are waiting for bearish confirmation off the retest of 2x Top Neckline and RSI bounce to the downside off 50.0000 on market open...
Alright, so I was actually expecting Heating Oil to go higher, however this didn't happen. I believe that prices could potentially go down to lows of 1.8800 however I would be very careful as prices are approaching our ''V'' Have a strong look at your volume indicators guys as prices approach our key level (1.9000) We could see a sharp reversal as prices...
EURUSD have been in a strong bullish trend since 2017, we will not be going against the trend unless we see strong bearish signals to indicate us/put us in lower risk. There is both Short and Long Opportunity depending on how it played out on the levels moving forward. I don't feel good when price hovers around a 52 Weeks High, it shows me that price will want...
Hey guys, GBPUSD is at the retest of the previous highs that were broken in the last period. As mentioned in the earlier GBPUSD analysis (here below) weekly and daily charts are telling us the trend is overall bullish, and therefore i want to take that into consideration when looking at lower timeframes. Be ready to long this market if we have some kind of...