OIL has been on an aggressive bull run since February and now have recently hit a structure level from 2019. We can see it has been push down to Friday's high and now heading back up. Setting up the fibo from the start of the bull run in Feb, the 50% level is a possible target area as it is the last level of structure. Will be looking for an entry once price...
Continuing the downtrend with the consistent LH and LL forming. Now price is at the level of resistance @ 1700.00, will expect sellers to enter and push the price further down. Target area is around 1671.00 for now.
Pair has start a nice downtrend. Creating LH/LL and break past level of supports. Next move, will be expecting some level of retracement to test the new level of resistance(1.200-1.195) before continue down to the next level of resistance. Looking forward to a possibly stronger USD this coming week.
Pair is on a down trend now. It has already formed a LH and LL. Now expecting it to re-test the new level of resistance to form the next LH before continue it way down to the next level of support. With positive NFP result on Friday, looking forward to a stronger USD this coming week.
Falling wedge has been formed with resistance level holding up strong on the pair, pushing it within the descending trend-line as well. Once again 2 bearish candle continuously forming breaking past the 20EMA triggers my bearish confirmation. Set-up up opportunity to short this pair and target next level of support for an approx. 50pips. Still need to be cautious...
Pair has retrace to an important level of structure and has been rejected twice. It has also broken away from an ascending trendline confirming the continuation of the bearish trend. Set-up an entry with a 1.5:1 R:R.
A short term sell on this pair. Currently in an area of resistance and price has been successfully push down below the last high. Expecting this pair to pull back to its last area of support. Today's economic data might point the direction for the GBP.
Pair has broken out trend and support level. Looking to have it re-test the new resistance level before continuing back down.
Note that its still bearish as of now and it may just continue to the down side instead.