A possible bullish impulse in GJ, it needs monitoring
* When you win a trade; you'd feel great and when you lose a trade, you'd feel sad. Joy and Sadness is part of trading, so trading is emotional . But how you'd handle those emotions is another thing, -and has nothing to do with trading. :)
"Whatever your hand finds to do, do it with all your might"
For pattern traders, that could be the last leg of the w pattern for buying ... -perhaps :)
*So the thing about the pin-bar method that I mentioned from the GU analysis, and, -which is the foundation of my 2 personal strategies (blessings to you); - is that two pin-bars can cancel each other out -okay. This is caused by the effect of an indecision candle at a...
Supply is weighing in on 9500.00 by taking up 9750;.. -you could even see the bullish struggle against 10000.00 resistance, and, the loss of hope there.
Bulls now losing their hold on the 9316 area, but, bears will gain strong momentum if they break 8800.00.
We see a mid bearish trend with lower highs to the main bearish trend; so price action by that pin-bar at 1.25000 (my first trading method) says that the trend will go all the way down to test the support target. And if it reverses - it will test the immediate LH before reaching the mid-bearish trend-line.
* In theory. -Okay, so how will it be factual,...
Surprising turn on Soybean chart; it looked like as if it would spark another bull-rise, but bears have come to play from a technical viewpoint, -the 8.800 is a strong "resistance zone", even my rsi reports bulls might have a chance to continue...maybe.
Bearish forecast; -the 2-hourly.
Bullish Sentiments for Natural Gas, with my analysis saying it is pulled by the +(fx) area, on a higher time frame, it is reacting from a bullish pin bar from a bear-candle.
Bullish interests, with monitoring
On Fundamentals: "Oil gained as stronger consumption continued to push physical markets higher even as many countries struggle to bring corona under control" ] .... - chart34T, So then, some bearish movement coming in.
And another one : "WTI stretches Thursday’s recovery moves from $37.40. ..... Buyers stay cautious as coronavirus, inventories challenge the...