Oil markets have been throwing some tight harmonics.
Looking at the H4 chart, my overall bias for OJ is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 2.1151, where the 100% Fibonacci projection line and 23.6% Fibonacci line is. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where the 50% and...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
On the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where...
On the H4 chart, the overall bias for OJ is bearish. To add confluence to this, price is crossing the Ichimoku cloud which indicates a bearish market. Looking for an immediate sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are located. Stop loss will be set at 2.2944, where the previous swing high is located. I am looking...
🍊🧃🥤 Really Not Sure I Can Say Too Much More BURR! 🧊⛸️🍦 NEXT CONTRACT IN FRONT 🌡️ 🤍💙💜 🖤 ICEUS:OJ2!
OJ is moving in a channel up movement and unstoppable in the past few weeks. It looks like it's moving to the resistance at the level 169, 170 level which is both historical horizontal resistance and channel upper boundary. Channel boundaries have worked reliably in the past to dictate the movement, and I am hoping it will be the case at 170. In the long run, I...
what really makes a head and shoulders to someone ? does it have to look like the ones you see in the example, (subjective still right ?), go to daily chart for better perspective , when things look muddy always go higher. SET P.As at reasonable places consider price retests before breakout )as it does , if breakout achieved (anticipate retest of broken line)
There is a possible 3-Wave Move up coming. We have seen a 3-Wave move down I am expecting the whole Market to be corrective so I am only counting bigger 3-Waves. We can see in the COT DATA that the Commercials are strong on the Long side and we have come down to a technical Zone on the Weekly. A long position could be taken once we break the 110 Level to the...
Hi there ! The recent analysis is for Orange Juice JO1!, the most underestimated commodity i think because of low demand. As you see at the daily diagram a possible breakout is ahead the first possible resistance is at the price level of 106,8$ and the second target upward is 110,4$. This buy signal is possibly corfirmed also by Fisher transformation which tends...
we have cleared liquidity, i want to see us sweep the last lows before we see a large move up, to fill in an order block, and potentially move higher
XLNX is gaining in a volatile tape. The co. guided higher last quarter. Look for higher prices into year end.
I am going to wait for a signal to short this. This has been an incredibly powerful bull run. As you could see, OJ runs with force when it trends, so it's a very difficult market to capture unless you're way ahead. Ultimately, level 3 should be established at some point and OJ will probably create a new range above 200. For now let's look at the signals and...
OJ prices have gone up significantly very quickly since El Niño - probably the most among all commodities. Notice, last week price broke minor two month trend line followed by a .618 retracement into the trend line. Below is a chart showing extreme lows in the US Dollar against orange juice prices. My yellow indicator at the bottom must correspond with price in...