Hello colleagues. Double top pattern for oil. If price will break through the nearest resistance zone by Wednesday next week, then the target for oil is 36. but I advise using trailing stop loss as oil goes oversold and the countries of OPEC may announce additional cuts to normalize the situation. Fundamentally the previous growth was associated with hurricane...
Hey collegues! Good opportunity for SHORT! In my opinion BTC price growing is fake. Situation with world economies very tough. I think we will have a very deep price going down. False break up of 13000 we have now. In first stage price will go lower than 12000, will get back with false break up of 12000 and will go down. First target is 9800-9600, second target...
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?
I have 4 scenarios but mostly like the story about long. The world economies are not ready to continue the coronovirus story and everyone is tired of it. Businesses will die, constant stimulation will kill the American dollar. I will look for entry points after a false breakdown of levels. In my opinion in a situation of partial uncertainty this is the only way...
1 to 4 risk reward ratio. Sell stop order after false breakup. 2 attempts for entry.
Nice situation. Perfect risk/reward. Good fundamental situation around panic of the second wave of virus. Very long accumulation.
The train to the moon scored passengers who thought it was a rocket. They need to be dropped off at 7800, possibly lower. Somewhere in the area of margin requirements if you count from 9600-10000 it will be minus 33%. Be careful colleagues, the markets are becoming bearish. The beginning of the week will be made by positive news about the economic growth in...