NG1! still trade within pennant formation on Daily chart . Idea is to LONG within green support & short at purple resistance line. Look out support and resistance area for next potential entry. As for now, we remain long within this price formation with tight stop loss and limited take profit area to scalp.
Based on 2 hours chart of CL1!, price still remain within major support & resistance on monthly chart. Please refer to last week chart for MTF analysis. .
Resistance price of early 2017 (Jan - Mar 2017) was broken on Nov 2017 and now turn as resistance again on Nov 2018. Since last week, price showing...
Based on 30 minutes chart, short term trader has taken cautious position toward FCPO1! . It has been trading within wedge formation since 12 November 2018 until last week.
Here are support & resistance level for next week.
Support: 2010, 1994, 1979 and 1963 .
Resistance: 2043, 2060, 2077 and 2093 .
FCPO1! might continue its uptrend even-though...