Buy above 296 Beware of FALSE BREAKOUT This analysis is for educational purpose only THANK YOU HAVE A NICE DAY
Hi! Only if we will see nice pin bar pattern. Weekly ATR had passed so looks nice to buy brent oil now buy "stop buy order" in dynamic. In 4 hour time frame idea not seems good but... why not?
Crude Has been trading in a sideways zone from past some time but if we look at the bigger picture crude is facing resistance in its major resistance zone. Moving averages are now flat indicating the price is flat and upside momentum is lost. price is taking support from the trendline. If the trendlibe break there might be a posibilty that price might test its...
Looking into higher time frames it is cleat that Price formed Flat Top and falling bottom pattern and currently it is moving towards the resistance levels that is the Flat top 2.900 levels. At present price is forming a triangle pattern and it is rejecting and taking support exactly on the lines. Wait for the price to reach the trend line and get into the...
Price will climb until $ 42.15 will reject from there and once again climbs up and breaks this resistance levels and reach the Box resistance. Refer previous analysis/ check the related ideas.
XAUUSD is formed bullish pennant shape and along with that i marked the area of supply and demand, this analysis giving idea of bullish movement in the next 2 days of the week.. let see...
Crude levels...03/09/2020 (1hr Candle)
Price trading inside a box which is $ 1 range. Now making symmetric triangle pattern and it might break on either side. Wait for the box breakout and enter the trade accordingly. If you are an aggressive trader then enter the market when price takes support from the symmetric triangle.
USOIL symmetrical triangle pattern formation in 30 mins TF
515-520 is crucial Support. If 515 is sustained then 551 is possible.
GOLD CLOSED ABOVE THE RESISTANCE AND WE CAN SEE THE LAST CANDLE REJECTING THE SUPPORT . WE COULD TAKE A LONG POSITION HERE TO THE NEXT RESISTANCE LEVEL(2010)... WHAT DO YOU THINK GUYS?
profit booking on GOLD which started on 7th of August is continuing. Weeker global cues in metal sector and a pinch of taking money of table is what we have witnessed in last 15 odd trading sessions. RSI is looking little week but nothing to worry. Basis FIB retracement the support levels are perfectly aligned to 0.38 Levels and resistance is at 0.23 levels. In...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1982.30). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Buy crude oil for intraday trading keeping the sl 42$ for the target of 43.5 /43.8