Today's focus: Nickel (XNIUSD)
Pattern – Diagonal Pattern
Support – 15,840
Resistance – 17,198, 18,500
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Nickel on the daily chart.
We have been watching Nickel for a few weeks now, traders, as the consolidation pattern continues to drag out. The shape of the pattern at this point is...
Hello, what will happen to nickel, the precious metal. There has been a lot of downward movement in the last few weeks. Only a few raw materials were able to maintain peak prices at anywhere near a high level.
Now to my idea for nickel:
I would currently expect a reversal according to the Fibonacci at 2.61
18607-18400 and rise to the zone around 20000.
The price...
Nikle (XNIUSD) creating rising channel on 4H timeframe as well as 1H Time frame.
Risk 1 percent of your portfolio
Entry Point: 21164
DCA: 21000
Profit Target: 21870
when trade achieve your first target, close half of trade and bring your SL at breakeven.
for more analysis
subscribe me
