Despite the bullishness of both pairs have been shown, NZD is much more stronger. It can test the support below.
Disclaimer: Whatever discussed is solely for reference only, it is not a buy and (or) sell call.
It has been dropping, sitting at support level now. Look for setup (either side), it must be very profitable to catch at this area. I prefer it to show bullish sign, if it were to show, I plan to hold for longer period of time.
It is very evident that gold is so bullish in long-term. However, saying it is bullish is easy, the most important thing is to know when to enter and enter at which price level. If i were to provide opinion, the probabilistically wiser way is to do a LONG-ONLY strategy using a higher time-frame. It is better to wait it pulling back to 1324 level and...
OIL is now at an extremely resilient support zone where a bullish up-move is very likely to appear. For the past two days, selling volume absorption has been shown.Oil shall go up to test the trend-line. All eyes should be on the trend-line area if price has reached there.
It is been awhile since I posted my opinion on tradingview. I spent some times to learn something new and fresh that are able to help me proceed to the next level. After learning for some times, I have developed a perfectly different thoughts towards trading in financial market.
Bearish reversal shall be shown soon. The bullish trend has been broken,...
Big red engulfing candle was to wash people out, price tested the ascending trendline and push back with enormous volume. We long(sl should just be at the bottom of the green candle) and tp at 1.618 fibo level and we shall see a retracement.
UCAD is evidently dominated by bear, but the movement of last week was too fast and the price is in no man island now, it is difficult to place a stop-loss if we enter short right now. Hence, I believe that we need to short when price breaks the red box area or when the price breaks the ascending trendline. Do not open any long position as the chance of dying is too high.