ykempire

ykempire

From the 4 HOUR Chart, we can observe that since the BULLs took out the last lower high (LH) @ $72.05, It seem possible now to go test the resistance or high @ 79.56 atleast and possibly an Ext 61.8 of our fib @ $81.28, My BIAS will only change to a bearish trend this week if we take out $68 low (support level) otherwise I remain strongly bullish

ykempire Updated 

GBPJPY looks bullish as well since the Buyers took out the resistance @ 181.327, the next major resistance stands @ 182.35 which GBPJPY is going for

ykempire Updated 

Oil looking to head for $78.35 in as much as the swing low $72.45 stays intact. The Bulls have this, one may need to wait for a pullback to join the bullish ride 🚆

ykempire

Looking at the Daily Chart, It seem EURAUD is building momentum to resume its SELL as Support 1.63205 has been taken out. We may be heading to the next support at 1.5898

ykempire

Gold may just have completed a new HL (higher low ) on Daily timeframe and looking to set a new HH (Higher high). I would rather stay neutral for now as the nucca seem to be indecisive

ykempire

I am having a bullish bias on Gold. looks like it might be aiming for 2048 from 4 hour TF view. Except 2015 support is taken out, I do not support selling gold for now

ykempire

Oil hits $74 as predicted. You can see from the updated chart. All thanks to God

ykempire

I expect a bullish run of Crude Oil to atleast $74 price area. In as much as the last swing low $70.96 still holds

ykempire

ON the Daily Timeframe, We have a DEMAND zone yet to be mitigated @ 1997. Also applying our fibonacci retracement we can see price reacted around the golden zone (61.8% ~ 78.6%) on the daily TF signaling a strong bullish trend. However, our sell is just for a short term. N.B: Trade cautiously and responsibly #NFA #DYOR

ykempire

I believe Gold still has a potential to drop for atleast 200 pips or more to 1997 as TP1 before continuing its bullish run. Might be good to wait for a retest of 2027 area highlighted with the blue arrow before joining the sell down to 1997 which is about 300 pips #NFA #DYOA