olliefx

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Last visit Joined 11 months ago
Trading
Markets Allocation
33 % forex 67 % other
Top Mentioned Symbols
USOIL 33% | 1 UKOIL 33% | 1 GBPUSD 33% | 1
olliefx olliefx UKOIL, D, Short , 2 months ago
UKOIL: UKOil (Crude) Short.
33 0 1
UKOIL, D Short
UKOil (Crude) Short.
Oil has entered a period of consolidation following a rejection of the 50$ level. Long upper wicks suggest a lack of buying power at this level. I'm looking for a break below the localised wedge (clear on the H1) to confirm downside bias.
olliefx olliefx USOIL, D, Short , 4 months ago
USOIL: Crude WTI - Large downside move on the horizon.
72 0 1
USOIL, D Short
Crude WTI - Large downside move on the horizon.
WTI has seen continued resistance on any rallies of the previous weeks. The most recent move to the upside found a cap at the falling trend line, with a solid bear candle following. If we see a move below the EMAs, then this would open the door to the downside, with potential for moves back down into the previous ...
olliefx olliefx GBPUSD, 240, Short , 4 months ago
GBPUSD: GBPUSD - Downside prevails.
52 0 2
GBPUSD, 240 Short
GBPUSD - Downside prevails.
This pair has been range bound for a number of weeks following the shock brexit result. Following the large downside move, we have seen a period of consolidation, with the pair trading firmly within the range of 1.2875 and 1.3430. The previous weeks trading saw a rejection of the upper bounds, followed by a bearish ...
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