Last 6-7 Weeks Dollar index tried really Hard to break the Strong Resistance .But it failed and they made also False Breakout.False breakout are very Strong.So what does it mean Now ? It means Euro,Aud,Nzd,Gold,Gbp are Going Up.This index finished recent week with a very huge Pin bar.And that is showing that Bigboys lost their Interest in Buying Dollar. Trade at...
First Of all Oil Making Lower Lows On a smaller Time Frame.I will First sell Oil at 49.90 and if I fail Then I will sell again at 50.30 with a stop loss of 25 pips both of the Times.I will only buy oil If an hour of candle closes above 50.80 with target of 51.70.Good Luck.
I am not convinced that Down trend is over for Oil . If we look at the daily candles then we probably see that they are not strong enough and more importantly they are inside bar.So I am calling For a Sell from 43.10-43.20 to --------- we can see a doji or big lower shadow or hammer something like that.
I am not convinced that downtrend is over for Oil. The Crude is doing like lats year . Its heading for 39 . Lets Sell it 42.90 with a 35 pips Stop loss.
SymmetryI am not Convinced That Downtrend Is Over For Crude.Crude is Heading To 46.80 And That is 50 percents of Retracement and the Symmatrey Confirms That.Lets Sell it At 46.80. Stop loss 47.07
