Market Commentary:
If the trend is upside or in downside i will inform in the chart and there will be a PB can occur and some correction may start so MIND that DONT TRADE THE CORRECTION and what i am expecting the CORRECTION....Wait for the PB ends...and give entry in the trend side...If u r doing the PB and correction u will took loss ....trade only in trend...
Oil is shooting up fast with last weeks Trump and China news.
It will need a pullback here to around 56, before it will continue upwards.
Two options here.
The cautious trade would be to wait until price moves down to 56 area before shooting up, go with the trend.
The aggressive trade will be trading the pull back, then the continuation here.
I’m going...
Hello traders, hope you're doing good. Here we share our technical analysis considered to fundamentals and future price actions. We believe that this trade setup will help you to gather some required info for your trading. And we highly recommend don't follow the trade setup unless it means the confirmations as described or without our call. If you want to...
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few...
Keeps hitting quite notable supply at each break into new high ground. Wait for pull backs into previous support. Avoid buying into weakness like that. Last session was a bit sporadic. Have to let it work itself out.
Holidays are near and it would make sense to see profit taking.
Practice*
USOIL Sell
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your...
Support Levels:
S-1 = 58
S-2= 55
Resistance Level:
R-1 =60
R-2 =62.40
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Energy stocks are higher, taking suggestions from more general equity futures as well as the three-month highs achieved by the crude oil market with WTI shortly hitting $60 before paring back on Friday.
Oil climbed to its highest in nearly three months as momentum in resolving the U.S-China trade conflict and Britain’s general election result arrived to lift two...
The pair has been respecting the DAILY trendline channel above. We now observe price at the edge of upper trendline. We expect price rejection since the area is a supply zone. Anticipating a smooth decline to the bottom with stops in red zone. Goodluck. For direct entries join our free telegram channnel
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Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
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