Again, USOIL and UKOIL look to be coming into some resistance, so I'm expecting the AUD to find some trouble as well. The price came into W demand at 84.50 and that is what I am attributing this week's bounce to. I want to see sellers coming in at these prices to push down to around 83. Who's with me? ; )
Note
Price came right into highlighted supply zone and made its way out wonderfully. A win ; ) Stick with this one. Price is headed much lower in my opinion.
***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
Thank you for your support!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
Thank you for your support!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.