khoacandoo

khoacandoo

1. Analysis: A H&S pattern has been formed since 8-Apr-2020 and we can also see a morning star pattern on the right shoulder today 11-Apr-2020. I rarely do anything on the market price, however you can try my strategy below. 2. Strategy: 1. Short at the current price, SL at 24,585. (I shorted 2446x) 2. Short when the 4H candle close, SL at 24,585. 3. Short...

khoacandoo

>> SHORT OANDA:US30USD --- 1. Analysis: As we all know the US30USD has fallen into the bear zone since 24-Feb and formed the closest bottom one month later on 23-Mar. We can also see the price is moving upwards since 23-Mar and forming a rising wedge pattern, then I think the right strategy is to wait and short. Additionally, as pointed out by Tom Hougaard,...

khoacandoo

1. Analysis: Oil price is falling into downtrend since 8-Jan and still moving in this direction. However, for the last 22 days, it is fluctuating between 19 and 29. The price has also tested successfully the 19. three times (18-Mar, 31-Mar and 1-Apr) and failed to reach higher than 29. also three times (20-Mar, 3-Mar and 9-Apr). So the 19 and 29 level have the...