I expect oil to rise in the next few weeks. On the daily chart we see liquidity (circles) and a very very strong saport at 77.40. I expect oil to start rising from 78.09 or the aforementioned 77.40. At each level I will watch the Order Flow Chart. in case you don't have O.F.CH. so watch the level if the price closes above or below the level it will tell you if the price will continue to the level above or below.
In case the price falls below 77.40 and closes below this level we are looking at lower levels which are shown in the chart.
I wish you lots of rich success and don't forget about money management because it is the only way to make money .-)
Rocket will be very pleased and will motivate me to further public analysis.
In case the price falls below 77.40 and closes below this level we are looking at lower levels which are shown in the chart.
I wish you lots of rich success and don't forget about money management because it is the only way to make money .-)
Rocket will be very pleased and will motivate me to further public analysis.
Trade active:
Are you watching the 3-minute chart? See what they're doing in the Level zones?
Trade closed manually:
The 4H chart shows me that the buyers have lost strength at the moment so I am closing the trade and will look for another long entry (buying at a better price pays off and you need to manage your money and take profits early.)
Trade active
Trade active:
I suppose we'll add a GAP above us, that'll be our goal. I'll be looking for a purchase at the moment. Then there may be a price drop -we'll see
Trade active:
Liquidity has been picked on the daily garf for the umpteenth time (artists :-D) I suppose we are currently going into the 79.25-79.70-80.50 zones.
Trade closed: target reached:
the first target has been reached I am closing the trade -I assume that the price will fall again to 77-76