wait for after the break to enter long or shor. the move today should determine the next leg
the move higher couple of weeks ago was unjustified, but the market is still reacting to it and going up unless we get some news from OPEC ( who are controlling the move of oil with their rumors every couple of months and their HIDDEN AGENDA ) i think oil will keep on rallying until the end of 2016 and beginning of the 2017. eventually OIL has to be at 60 area ,...
Price Hanging on the trend line , breaking ? SHORT we might see some consolidation on the trend line before the true break ,
OIL is in a Major point which will decide the trend for the next month the Direction will be revealed for us Next Thursday. So meanwhile i will shit and watch. here is the scenario: 1. breaking the Major Resistance at number 1 (50.74) is a very bullish sign and we will go up to Resistance 2 area (58), choppy place. 2. Breaking Down the Bullish wedge first...
GBP AUD hit major resistance 200DMA , watch the break and short it
USD showing strength , if the price breaks the trend line , SHORT
CHF is showing some weakness this year, the last FED meeting pushed the price above the KUMO cloud indication a bullish sign, however after we have crossed the 100 and 200 MA like a sharp knife we will expect a small drop to test them again and buy that time we will be on the first Yellen speach before the Hike on 6 june where the price will jump back up until...
A scenario for OIL Oil was destined to Crash after Opec meeting, but instead it went up , Which made a failed meeting to a success. is it all staged ? might be I believe that oil still will crash. here is the scenario : in the coming days we might pump to a major resistance area shown in RED. High probability it will hold and we will go back to test the 200 MA...
A Possible Scenario on this Pair, we have the 0.618 Fib weekly which formed a double bottom where we might see a reverse for long where it might stop on a major resistance area of the 0.5 Fib and a retracement to the Daily 0.618 Fib area and long again which might form a nice ABCD pattern. Dont use my strategies as a signal, i m not an expert , i just trade what i...
the price has been rejected at the 39 area and broke the daily trend line downward. i m already short on the short term and waiting for it to break the weekly trend line so i can add a long term short. dont use my strategies as a signal, i m not an expert , i just trade what i see. and always PUT A SL
the Price is at a major monthly Support area, if the weekly closes below that it might reach the 0.5 fib and possible target the 0.618 fib, other scenario the price will be rejected once again and it will be retested and heads up to the 2.100 area
the trend line is broken + a confirmation from the chikou span , so prepare for a long term long and a new trend upwards on this pair
if the first Idea worked , there is a high potential for a trend change to bullish
Oil forming an uptrend , heading towards 37 area ( Resistance ) , the 50% Fib
possible short to retest the major support however if it breaks the trend it might signify that the major support hold it and a new Bull trend is forming