When looking at NATGAS I can see huge potential for a bull rally as price is currently respecting the 200 EMA level on the daily timeframe, this trade will be very long term and you should expect pullbacks throughout the move but the final destination will be to old highs.
Price is looking to pull back a little on the short term, but long term everything is looking bullish, price will use the area highlighted as a support for the following move to the upside creating new highs.
Price has pulled back with this pair to a really nice key support level on the H4 and Daily timeframes, here you can see my price predictions for OANDA:USDCAD , I can see a really nice long to play for, entry isn't 100% ready yet but hopefully will be by the end of the day.
Upon analysing EUR/USD I found and upward trend longterm with a nice short downtrend as price has corrected, I believe that price will shoot up to my TP easily if it breaks the downward trend line.
Price is looking to correct ready for a big move to the upside. Looking on the higher timeframes it is easy to see that there is a huge uptrend which price is currently outside of, however price is recovering and I am looking at least 100 pips potential here.
Price is looking to be corrective at the moment, however using the fib retracement tool I am able to see that there is a good potential for this pair to fall dramatically again. On this chart I am only targeting 69 pips but there is room for 100+.
There is a clear uptrend that is present when looking at the bigger picture, however price is correcting within this larger structure, the entry to look at will be when price breaks towards the upside from 1.18259, there is a lot going on in the news at the moment surrounding the EU and US so this should help volatility and therefore increasing the levels of...
