Hello USOIL lovers, since there is a strong crash on the stock and commodity market, we are looking for long term short set-up analysis. Here at this point, we joining the downtrend and take our profit at 102.50$. stop loss could be @ 50 pips from CMP. Have a nice day
Hi traders, with the previous week playing below the key level whiles depicting a head and shoulder pattern, my bias is to expected a break out and retest on the structure whereas moving for a strong bullish run to our targeted area. Cheers guys.
Hi Comrades, we see a bearish reversal move after an uptrend on the daily timeframe, last week we saw a price breaking through the market structure on our support level. We will be waiting for a repulsive move for price to surge up to touch the 0.23 fib level around the area of 1735 to 1738 and then we enter for a strong bear move down to 1670 as our target in...