USOIL - 4/17/2024 - NY PreMarket Analysis
Made a new USOIL chart. simple price line HH and LL, trend line, and see pattern forming based on Simple Trading Book.
It is forming Bullish Pennant
OIL - Premarket Analysis Apr 16, 2024 3pm PST Part 2
This analysis was done around 4/16/2024 around 3pm PST after the market was closed.
I saw a pattern forming which was from the Simple Trading Book. I was not sure if patterns in Simple Trading Book were legit. That is why I did not publish my analysis.
But after a few hours later into Asian and London...
GOLD Apr 16, 2024 PreMarket analysis
I just realized I forgot to published my ideas when.
Simple Trend Analysis and defining the Price Line. Identified the HH and LL. Then used Fibonacci. There is a definite pattern in the last few Fib Retrace. They're all hitting 618. Gold is going up. Go long Buy Entry $2368 ish. TP at $2389ish
XAUUSD Daily and 4hr price action analysis:
- Trend lines
- Equidistant Channel
- Area of Resistance and Support
- Price Action
Refer to www.youtube.com
This is just MHO based on youtube from Forex Visit on Price Action Strategy.
