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Once HIT 50k SHRAP DUMP & Bearish Correction Towards 25k to 29kThe BTC /USD pair broke below the critical support at the 50-day exponential moving average ($42,093) but found support at $38,688.10 near the 38.2% Fibonacci retracement level. Bitcoin prices have rebounded slightly and broken above $38,000, before facing a wall of resistance formed by the key psychological level of $42,000 ELON MUSK BIO #bitcoin word send BTC 7k Pump Towards Resistance 42k, Later some days TSLA news 1.5b bought BTC send BTC Another All-time high 48,000$, currently price overbought condition but still bullish momentum, we could see Psychological level 50,000$ MARK Price where we can see Shrap Corrections downside. BTC still looking strong correction downside on monthly base from 50k Mark price towards Supports 28k and 25k and small crush or panic crush 22k to 20k$ where we can see new bull start towards long term target 75k$ Market NEWS: 1-Regulator gears up for Bitcoin crackdown amid digital coin frenzy. 2-Elon Mask keep Pumping Crypto via Tweet, Like dogecoin, etc 3-Lawyers Warn Tesla Billionaire Elon Musk Over Bitcoin Boosting Tweets. 4-Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surging in interest. Crush and Panic Sell off: Remember: 2017 bull and crush 80% and 2020 BULL Little bit different due to institutional investor JUMP in but CRYPTO HIG Volatility market anything could possible like 2017, 50% correction not a big deal for current market price ( 50% correction from the all-time high is 20,000$ COVID-19: March 23 BTC DROP 60% just 40min Currently Market Talk too much about Crypto, positive and negative way, Better to stay sideways and wait for buying on DIP. 🛑SUPPORT/RESISTANCE ✅S1= 32000 ✅S2=23000 ✴️R1=46000 ✴️R2=50000 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it
COINBASE:BTCUSDLong
by Allmypips
7
OIL: Correction Required downside Towards Support 48$ and 45$ The price of February WTI oil futures rose by 1.07% to $53.78 per barrel. At the closing of trading on February 12, 2020. It is worth noting that the futures for North Sea WTI crude oil have been rising continuously for six consecutive sessions. The following its decision to cut an additional 1 million BPD in oil production, Saudi Arabia announced that it would decrease oil shipments to at least nine clients in Asia and Europe. Last week, many were surprised by the decision of Saudi Arabia to further decrease its output, as well as on the price increase for clients in Asia and the United States. The announcement came after OPEC agreed to raise production by 75,000 bpd in February, and by 120,000 bpd in March. At the same time, the UAE warns that any attempt by oil producers to increase production this year will backfire. In particular, it will lead to a drop in prices. Investors are still hoping that oil reserves will quickly decline as a result of the previously announced reduction in production by Saudi Arabia. However, at some point, all news showing bullish trend but the alternative world still facing smart lockdown or national lockdown due to New Virus, Still lot of uncertainty in the market could send oil price again below 40$ According to the API, the reserves of black gold in the United States declined by 5.8 million barrels last week. This downward movement continued for the third week in a row and was the highest since the end of October last year. A week earlier, inventories also fell by 1.7 million barrels. 🛑SUPPORT/RESISTANCE ✅S1= 48$ ✅S2=45$ ✴️R1=52.40$ ✴️R2=55$
FX:USOILShort
by Allmypips
3
Next 2-3 Months Pound LOOKING Support 1.2800$ Levels The GBP/USD pair attempted to hit 3 years high Resistance 1.3700, however, The quote failed to consolidate above 1.3700 and instead returned to the level 1.3560 after the government has announced National Lockdown. As a result, the outlook for the pound turned gloomy, but the general upward trend remains but limited. Price Looking Short term correction towards supports levels 1.3200 and 1.2890 and 1.2600 Monthly base Charts Before Going new higher high 1.4000 Resistance price facing Many Uncertanoity coming months. 1- Brexit DEAL. 2-Scotland will have parliamentary elections May 6. 3- Scotland continues to seek a second referendum. UK VS EU Vs Scotland SNP members will try to increase their influence in the parliament, using Brexit as a theme in their election campaign. Sturgeon has repeatedly stated that Scotland intends to return to the European Union "as an independent nation." However, London will not allow this to happen, especially since according to the UK, Scotland has already decided on this issue, which is to remain as its member state. Boris Johnson made it clear that the central government will not go to meet Edinburgh, even though the SNP, led by Sturgeon, continues to seek a second referendum. COVID-19 And New Virus Another problem for GBP/USD is the persistent rise of COVID-19 infections even amid the ongoing vaccination process in the UK. On January 2, new cases exceeded 57,000. The government has announced 4 Jan 2021 another National Lockdown for 40 days. VERY STRONG UNDER PRESSURE POUNG BUT depend on $ how weak or strong. 🛑SUPPORT/RESISTANCE ✅S1= 1.3240 ✅S2=1.3025 ✴️R1=1.3680 ✴️R2=1.3875 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
Short
by Allmypips
2
Monthly Base Correction Downside towards support 0.7340 & 0.7210It should be noted that the AUD/USD pair is currently at multi-month highs: the last time the Australian dollar was at such levels was in March 2018. Prior to it, the Australian dollar reached three-year highs at the beginning of 2018 (January-February) Due to Covid not expecting higher from the current price, monthly base looking correction downside Along with $ strong. As expected, the AUD/USD pair reached the level of 0.77 and is currently trying to consolidate in this price area. Below 0.7740 Bearish toward support level 0.7640, 0.7520 and 0.7310 and 0.7200 Geopolitical issue: CHINA VS AUSTRALIA China did not remain in debt. At the end of last year, it imposed restrictions on imports of Australian coal (the official reason is that Australian coal does not meet Chinese environmental standards). Before that, Beijing significantly increased customs duties on Australian wines, and also restricted the supply of two leading Australian suppliers of lamb. At the same time, Chinese customs authorities have suspended part of the Australian supply of beef and barley, saying that they do not meet the sanitary standards of the People's Republic of China. So far, the Australian dollar has been relatively calm about the Australian-Chinese conflict. During periods of escalation, the indicated currency shows a corrective price decline, while the upward trend remains. In my opinion, the situation can seriously change at any moment if China focuses its attention on iron ore. This is mostly the only strategically important commodity for Australia that has not been affected by the interstate issue. 🛑SUPPORT/RESISTANCE ✅S1= 0.7430 ✅S2=0.7200 ✴️R1=0.7740 ✴️R2=0.7890 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
Short
by Allmypips
1
Waiting for buy at DIP 0.35-0.38$ For NEXT BULL ROUND TOwards 1$Market Panic about a lawsuit FROM SEC? YES but this issue Running since 2-3 year and still not official news or official decision. Opportunity to buying on DIP 0.35 TO 0.36$? Yes long term #dyor 👍 Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. Ripple’s XRP broke through early this month major resistance levels to visit $0.4450 and 0.50$ Also hit 0.7740 for the first time since 10th June 2018. Currently, XRP DROP due to USA SEC LAWSUIT AGAINST RIPPLE, This news send Ripple panic mode and drop so far 23$ last 48 hours. All coin looking bullish as altcoin season running compares to XLM, ADA. Currently, Ripple Chart showing the bullish moment on daily to weekly base from support level 0.40, If price break 0.50$ we could see next resistance level 0.58$ and more hard pump towards 0.90$ alternative BTC must hold stable price above 20,00$ to keep altcoin season bullish If BTC drop support level 20,00$ then we could see altcoin follow up the downside. Midterm Ripple expecting To touch 0.74$ Resistance End of 2020 and long term price expecting to back 2017 Resistance 3.2$ ( 1-2 Year) Looking at the short to mid-term Technical Indicators: Major Support Level: $0.32 Major Resistance Level: $0.65 ✅23.6% FIB Retracement Level: $0.36 ✅38.2% FIB Retracement Level: $0.48 ✅62% FIB Retracement Level: $0.74 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
POLONIEX:XRPUSDLong
by Allmypips
9
Correction downside towards support levels 0.7290 and 0.7225$AUDUSD Technical holing multi-month high Resistance 0.7380 and price could stay 0.7380-0.7440 range before RBA meeting tomorrow. The first significant support is the MACD line at 0.7290, and furthermore, just below it is the technical record level of 0.7222, the 0.7222/52 range is likely to become a target. The Reserve Bank of Australia will hold a meeting tomorrow, which may shake up All AUD, Mostly chance price stays sideways or bearish comments. Dollar index: The US dollar index fell in today's Asian session, updating multi-month lows. Low demand for the greenback is inertial. 91.50 Huge support level for $index and expecting some correction upside coming days. Reserve Bank of Australia Meeting: Most likely, the results of tomorrow's RBA meeting will be optimistic and neutral. The central bank may allow the easing of monetary policy, but this warning will only be in the form of a standard phrase in an accompanying statement (that the central bank will maintain its current policy and, if necessary, expand the bond purchase program). Such wording is unlikely to frighten investors, especially given the growth of key indicators. Therefore, with a high degree of probability, the Aussie will continue to rise OR SIDEWAYS against the greenback tomorrow 0.7380-0.7440 range MAX, If Any solid dovish comment or more Rate cut could send AUD under big pressure. 🛑SUPPORT/RESISTANCE ✅S1= 0.7290 ✅S2=0.7225 ✴️R1=0.7360 ✴️R2=0.7440 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
Short
by Allmypips
GOLD: More Correction Downside towards 1785$ and 1744$ Gold has continued to decrease as expected and now it has found temporary support at the $1,800 psychological level. I mentioned last month on my analysis drop expected After US-election would drive the price at least till the $1,800 level. The price is located in a strong support area represented by the $1,800, the S3 ($1,803), So, a bearish closure under the 1,800 suggests that the downside movement should continue. This scenario could help us to catch the downside movement. The price could try to recover a little after the most recent sell-off. The bias will remain bearish as long as the price stays under the $1,848 resistance (support has turned into resistance). It could retest the near-term resistance levels, obstacles, before dropping deeper. A bearish closure under the $1,800 level will offer a selling opportunity with a downside target at $1,744. 🛑SUPPORT/RESISTANCE ✅S1= 1803 ✅S2=1744 ✴️R1=1848 ✴️R2=1900 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
FX:XAUUSDShort
by Allmypips
1
Waiting for Major Support level 1790 to 1825 & Long Target 2200$Technical Gold : Gold closed yesterday with a bullish pin bar and then taking into account the presence of a double top in 1933$ which indicates a sellers' trap, the most optimal strategy is to continue trading long positions along the pullback formed from overnight volatility high, Price still clear yet direction. However, there are traders who have not nor even wanted to buy or sell the instrument in the medium term. Considering this, the next option is to open short positions before the false breakout of 1933, because if not, there is a high chance that you will fall into the classic trap of sellers, which, in such volatile instruments as gold, slams at regular intervals. Key resistance 1933$ expecting seller drop price towards major support level 1825$ if $ get strong after US final result, Despite the contradictions and questions in the calculations, Joe Biden is leading the US presidential elections. This is under the framework of Price Action and Stop Hunting strategies. 🛑SUPPORT/RESISTANCE ✅S1= 1860$ ✅S2=1825$ ✴️R1=1933$ ✴️R2=1960$ Please like, share, comment and follow me to get daily base analysis. Thank you for your support, I appreciate it.
FX:XAUUSDShort
by Allmypips
EURUSD Waiting for Sell At Resistance 1.1840 to 1.1880Technical Market Outlook: After the EUR/USD pair had made another local low at the level of 1.1602, the price bounced towards the new local high seen at the level of 1.1814 which is inside of the main descending channel. The momentum is positive and the market conditions at the H4 time frame chart are bouncing from the extremely oversold levels, so please keep an eye on a temporary rebound. The nearest technical resistance is seen at the level of 1.1870. Bears are in full control of the market and the weekly outlook is bearish despite the election night in the USA. USA-ELECTION The US presidential elections result is still uncertain and the volatility on all US Dollar pairs has increased. Weekly Pivot Points: WR3 - 1.1930 WR2 - 1.1870 WR1 - 1.1810 Weekly Pivot - 1.1698 WS1 - 1.1720 WS2 - 1.1610 WS3 - 1.524
Short
by Allmypips
Long term Bullish 2200$ but with correction downside 1825$.The gold price has developed a minor exhaustion pattern, but the bulls are still in charge and they could push the price higher anytime. Gold was paused by a dynamic resistance, now is pressuring this obstacle again, a valid breakout will validate further growth. XAU/USD is trading currently 1900$, The outlook is bullish, But strong correction required downside before the yellow metal could approach the $2,300 psychological level if the USD continues dropping and if the COVID-19 crisis gets worse. GOLD was overbought condition last 3 months and expecting before USA election stay 2013 and 2011 Year resistance 1825$ and 1936$ ( Old Resistance become support level) Next few months USA Election and uncertainty in the market COVID-19 could give re-buying opportunities gold toward going new all-time higher high 2200$ and 2500$ 🛑SUPPORT/RESISTANCE ✅S1= 1920$ ✅S2=1825$ ✴️R1=2075$ ✴️R2=2150$ Please like, share, comment and follow me to get daily base analysis. Thank you for your support, I appreciate it.
FX:XAUUSDLong
by Allmypips
2
EURUSD: Small Pull Back Expected before GO 1.1520$ Support. Technical Market Outlook: The EUR/USD pair has been making lower lows and lower highs since the breakout below the level of 1.1730. The recent low was made at the level of 1.1612 and it looks like a temporary low only. Due to the oversold market conditions, traders should expect a bounce towards the level of 1.1655, but any rally should be capped below the level of 1.1696 to 1.1730 anyway. Bears are in control of the market and more lower lows should be seen soon. The next target for bears is seen at the level of 1.1569 - 1.1569 zone. The weekly time frame trend remains up before another lower expecting go Resistance 1.1730 and if the dollar gets weak we could see another higher high resistance 2 $1.1845 and 1.1945,( Below Long term trend line) The euro-dollar pair began the trading week almost at the level of Friday's closing price. After a small, rather symbolic, weakening of the greenback during the Asian session, the EUR / USD bears seized the initiative again and the pair started to slide down to the base of the correction is market. Sellers need to overcome the support level of 1.1600 to develop a downward trend. Meanwhile, the buyers have a much more difficult task to accomplish: iF resistance breaks out again 1.1730 marks we could see another attempt 1.2000 but depend on $ weakness. Next 5 weeks expecting HIGH OR increased volatility for the pairs against $ Due to USA ELECTION. Weekly Pivot Points: WR3 - 1.935 WR2 - 1.1845 WR1 - 1.1730 Weekly Pivot - 1.1683 WS1 - 1.1580 WS2 - 1.1520 WS3 - 1.1480 👍 Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me.
Short
by Allmypips
5
Again DUMP expecting at Resistance 12,300$ level Vs Stock BubbleTechnical Market Outlook: The BTC /USD pair has broken again above the $11,000 level which was the key mid-term technical and psychological level for market participants. The recent swing lower was made at the level of $9,800, but the bulls do not seem to stop just yet as the momentum is still strong and positive despite for long term target 19,000$. The next target is seen at the level of $11800 and $12,200. The nearest technical support is located at the level of $10,000, $9,200 and $8,800. Monthly base Currently, Price holding below under long term trend line, If PriceBreak trend line then we could see a new bull run towards 13200$ and 15,400$. If price Rejected 12,400$ break then we could see downside support level 8800$ where I can expect new bull start towards long term 25k$ Strong DUMP expecting on 12,200$ towards 9800$ and 8800$ where we can see new bull Run start. Alternative BTC following similar GOLD AND STOCK movement.S&p 500, NSDQ100 and DJI hit all-time high OR PRE-COVID-19 LEVEL. March 2020 Stock crushed and crypto follow as well and BTC was crushed from 9800$ to 3500$, currently stock market looks like overbought condition and BUBBLE, IF Market crush or correction again we could see crypto crushed follow but long term 2-3 year CRYPTO or BTC strong outlook. 🛑SUPPORT/RESISTANCE ✅S1= 9800$ ✅S2=8800$ ✴️R1=11400$ ✴️R2=12,2504 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
BITFINEX:BTCUSDShort
by Allmypips
4
Holding Crtical Support 1870$ Expecting Pull Back 1950$Gold price got rejected once again at $1,970 and as we said last week, this was a bearish sign that could push price back towards $1,900 the lower triangle boundary. Price has now reached this critical support area at $1,880-$1,875 and if it is broken we should see price under pressure for a move towards $1,800-$1,7900. Currently, Daily chart and H4 chart showing oversold and near term expecting some correction upside or pull back towards 1930$ Resistance from support 1865$- 1875$ If this support level holds, then a bounce towards $1,950 could follow. Price is moving sideways for more than a month. Is it time for the price to break out downside or pullback, IF Support level break we could see major support level 1825$ and 1790$, alternative Dollar under correction before Election USA 3rd NOV 2020. LONG TERM: GOLD looking all-time high 2150$ expecting end of the year, 🛑SUPPORT/RESISTANCE ✅S1= 1865$ ✅S2=1830$ ✴️R1=1930$ ✴️R2=1985$ Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
FX:XAUUSDLong
by Allmypips
3
weekly base Strong BEARISH correction downside towards 0.7040$Technically, AUD/USD was strongly bearish weekly base and it was expected to reach support level 0.7140$ and 0.7080$ further more downside if price break 0.7080$ we could see next support level 0.7020$ USDX's rebound has boosted the greenback which it has appreciated aggressively versus its rivals. AUD/USD is trading in a confluence area right now, so anything could happen. Sell a valid breakdown if the currency pair closes below the 0.7144 level, AUD/USD is trading currently above support level 0.7140 Still, needs confirmation before we could consider going short on this pair. Alternative if Dollar get Weak could see another higher high resistance 0.7240 and 0.7324$ 🛑SUPPORT/RESISTANCE ✅S1= 0.7140 ✅S2=0.7085 ✴️R1=0.7240 ✴️R2=0.7325 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
Short
by Allmypips
GOLD Hit ALL-TIME-HIGH 2075$ NOW FAST Correction coming DownsideThe gold price has developed a minor exhaustion pattern, but the bulls are still in charge and they could push the price higher anytime. Gold was paused by a dynamic resistance, now is pressuring this obstacle again, a valid breakout will validate further growth. XAU/USD is trading at $2,067 level, lower versus $2,015 after Strong USA data. The outlook is bullish, But strong correction required downside before the yellow metal could approach the $2,200 psychological level if the USD continues dropping and if the COVID-19 crisis gets worse. GOLD overbought condition and expecting some downside correction towards 2013 and 2011 Year resistance 1825$ and 1920$ ( Old Resistance become support level. Next few months USA Election and uncertainty in market COVID-19 could give re-buying opportunities gold toward going new all-time higher high 2200$ and 2500$ 🛑SUPPORT/RESISTANCE ✅S1= 1920$ ✅S2=1825$ ✴️R1=2075$ ✴️R2=2150$ Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it.
FX:XAUUSDShort
by Allmypips
4
Long term Downside trend line Hit ( 1.2620 ) Correction TimeThe GBP/USD bulls have almost hit the next target which was 61% Fibonacci retracement located at the level of 1.2597. the market is now consolidating in a narrow range. Please notice, there is an important intraday technical resistance 1.2620. On the other hand, the nearest technical support is still seen at the level of 1.2510 and 1.2362. The momentum is starting to decrease and the market is coming off the overbought levels. On the GBP/USD pair, the main trend is down, which can be confirmed by the down candles on the weekly time frame chart. The key long-term technical support has been recently violated (1.2003) and the new one is seen at the level of 1.1404 (Crush TIME) The key long-term technical resistance is seen at the level of 1.3218 🛑SUPPORT/RESISTANCE ✅S1= 1.2510 ✅S2=1.2360 ✴️R1=1.2620 ✴️R2=1.2750 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it. 👍 Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me.
Short
by Allmypips
GBPUSD@ Waiting Downside Trend line touch Resistance 1.2560After the GBP/USD pair has made a local low at the level of 1.2275 after all the bounces FROM SUPPORT to trigger a strong rally. The price has temporarily broken out the descending channel and tested the technical resistance seen at the level of 1.2472. Despite the bounce from the oversold market conditions, the momentum remains weak and negative as the RSI indicator currently sideways condition. On the GBP/USD pair, the main trend is down, which can be confirmed by the down candles on the weekly time frame chart. The key long-term technical support has been recently violated by 1.1980. The key long-term technical resistance is seen at the level of 1.3518. long term trend downside start from Major Resistance level 1.3520 If the price manages to break out Triple Top pattern at the level of 1.2545, so the price might go high towards 1.2800 Resistance if not break out and Pull back from downside trend line we could see move even lower in the longer-term. 🛑SUPPORT/RESISTANCE ✅S1= 1.2360 ✅S2=1.2245 ✴️R1=1.2460 ✴️R2=1.2546 Please like, share, comments and follow me to get daily base analysis. Thank you for your support, I appreciate it
Short
by Allmypips
Gold@ Waiting SUPPORT level 1700$ for long 1805$(Weekly Base)Gold Price pulled back from $1690 critical support but until the end of the week, price managed to reclaim the $1,733-resistance area. Gold bulls remain in control of the trend and could try to push the price to new higher highs once again 1650$, 1670$ Gold currently Proforming tow different trend short term downside and long term upside, but last week downside trend break 1713$ resistance and manage to come back $1733 Resistance. At the moment Gold under trend line of long term line, Two things expecting Gold could break 1733$ and go upside resistance 1746$ and 1756$. If price failed to break the trendline and we could see short Support level 1710$ and 1695$ where we see new Buyer take higher high. Gold is trading in the green for a second session after the temporary correction, the price has managed to stay above the $1,733 level signalling that the outlook is still bullish. The tensions between the US and China and the global economy slow recovery has pushed the price higher again. COVID-19 lockdown measures were eased lately, but unfortunately, the risk is high as the global economy could step into recession. The current US depreciation pushes the gold price higher at the end of the year. 🛑SUPPORT/RESISTANCE ✅S1= 1690 ✅S2=1660$ ✴️R1=1733$ ✴️R2=1767$ Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
FX:XAUUSDLong
by Allmypips
3
SOLD at Resistance 0.6150 downside TARGET 150+ PIPS Weekly baseNZD/USD rallies in the short term after the failure to retest the near-term support levels. It is trading at 0.6120 level and most likely will continue to increase and will make another higher high 0.6190. Another short opportunity could appear if NZD/USD decreases and closes below the 0.6080 previous low. A false breakout with a huge separation above the 0.6157 - 0.6190 area will bring a short opportunity as well. -------------------------------------------------------------------- 🛑SUPPORT/RESISTANCE ✅S1= 0.6080 ✅S2=0.5975 ✴️R1=0.6124 ✴️R2=0.6190 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
Short
by Allmypips
2
Wait Sell Resistance 0.9760 Downside Target 150+ pips + BreakoutTrend= Waiting Sell Resistance price 0.9760$ Target = 100+ pips also waiting for downdie trend break. Reason = Currently $ sideways but coming week get weak. H4 looking upside for a small retracement, Daily base= sideways between 50-70 pips weekly base = bearish 🛑SUPPORT/RESISTANCE ✅S1= 0.9650 ✅S2=0.9590 ✴️R1=0.9725 ✴️R2=0.9765 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
Short
by Allmypips
6
OIL Break 20$ Support and NEXT 17.89$ FOR LONG.Many Reasons behind Oil continues dropping After OPEC cut Production. 1- Oil should stay above 20$ after Deal Cut, but look like price war still going on. 2-Demand is very low at the moment all over the country because of lockdown and Economy under the shutdown. Coming weeks expecting Oil will do big correction upside end of April to mid-May, but before correction Oil could hit support level 2001 Year 16.90 to 17.26$ Good to long entry 18$ as major support level 🛑SUPPORT/RESISTANCE ✅S1= 17.25 ✅S2=16.10 ✴️R1=20.50 ✴️R2=24.10 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
FX:USOILLong
by Allmypips
2