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Extra Cash For Christmas HolidayHey trader, I hope you having a profitable week. If not, try this: But first, let me explain how these trades will be triggered. If the price bearish bounces off the 4H Half a Bat Neckline, 50 and short-term MA’s with a bullish reversal candle close (1st trade signal), then proceeds to bullish break and retest the (Possible) 4H H&S Neckline (2nd trade signal); according to the 4 Hour: the price would be or have formed a head and shoulde pattern and in prep to rally for its 3-level trend; and according to the daily: the price would be bouncing off the 50 and 8 MA’s - in prep to rally for the double bottoms L1, so once that hapens, then I should BUY → E.1 - E.2 That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section (below), I'd love to know your thoughts! Stay Blessed Baby, Sphatrades.
TVC:USOIL
by Doji-2k1
USOIL on a bullish outlook 🦐USOIL on the 4h chart after the recent high is moving in a slow retracement to the monthly support. The market tested the 0.5 Fibonacci level and the main outlook remain bullish . How can i approach this scenario? IF the price will break above the resistance area i will look for a nice order according to the Plancton's strategy rules. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TVC:USOIL
by InkyGrip
6
NZDUSD - CURRENT SITUATION AND TECHNICAL BIAS#NZDUSD - NZDUSD has been going down very fast in recent days. The reason for that is because of the VIX UP and the strength of the dollar. But because the MARKET RISK was ON in the previous few days, COMMODITIES also went UP very fast. Because of that, every NZD BASED CURRENCY PAIR was BUY. AUD, NZD, CAD, CURRENCIES BUY in these few days due to MARKET RISK ON again this week. For that, the influence of USD was very strong. Fomc update also affected it strongly this time. - Thus, COMMODITIES are being BUY quite fast. It also affects the NZD very strongly. - Anyway, NZDUSD can sell further until it reaches 0.5472 LEVEL.. After that, you can BREAK the TREND LINE and move to the NZDUSD 0.5875 LEVEL. Keep an eye on STOCKS, COMMODITIES, VIX, DXY, MARKET SENTIMENT. Then we can get very good ENTRIES.
by benny_marshall
USOIL on a short term retracement 🦐USOIL on the 4h chart is creating a series of lower low lower high with the market that was unable to violate the previous lower high. Now the price is testing an important liquidity zone and a bounce to the upside could be seen. How can i approach this scenario? If the price will break above the last minor swing we can set a short term long order according to the Plancton 's strategy rules. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TVC:USOILLong
by InkyGrip
20
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. Either way, NZDJPY should be a LONG TERM BUY. Anyway, the PRICE can SELL again on the NZDJPY MAIN SUPPORT, if the MARKET RISK OFF continues, to the 79.56 LEVEL. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely BUY at 86.86 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK. Besides, the USD should be WEAK.
by benny_marshall
Taf's Gun to the HeadShort the breakdown in Oil. Looking for a retracement of the bullish momentum we had from 26 September, targeting the 50% level. Entry: 89.92 TP: 85.07 SL:92.00 RR:2.33 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
TVC:USOILShort
by Signal_Centre1
$XOM Analysis, Key levels, and Targets $XOM Analysis, Key levels, and Targets So I got a little bit trigger happy today and I sold 95 puts for Friday, but that’s ok… I’m ok with that… However, had I had thought it through I would have used these targets as entries and maybe bumped out to next week… but this is why I make these charts, so that I can make more informed decisions on the spot… and to be able to pick better strikes on the spot… LOL… Anyway, with OPEC cutting oil production I think 95 is a good entry… and seeing it from this angle is giving me so many ideas on how to play this…. Dang I should have organized my charts weeks agolll haha… IF you trade $XOM, $SHEL, $CVX or oil in general let me know your thoughts…. I’m going through my entire stock list this week (definitely longer than a week) so sorry in advanced for blowing up your emails… —- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
NYSE:XOMLong
by SPYder_QQQueen_Trading
1
WTI continues to defy the strong dollarWTI has been one of the few markets to stand up to recent dollar strength, with prices rising over 16% last week alone. A strong bullish trend has developed on the 1-hour WTI chart. The 20 and 50-bar EMA’s have provided dynamic support throughout the trend and may provide bullish opportunities with a pullback towards them. The 20-bar EMA is near the daily pivot point and the 50-bar is near the $90 handle and daily 1 pivot. The next area for bulls to consider is around $94 or the daily R1 pivot.
CITYINDEX:USCRUDEOILCFDLong
by CityIndex
The OPEC Supply Cut Effect will push the price = $110My bias,the market was overall bearish before the change in trends as a result of the double bottom chart pattern at around the .0 Fib level. The latest cut of crude supply to the global market by opec will bring a rise in oil price up to 1500 Pips,ie price from current to $97 and a brief pull back before rising to $10. The would likely play out as sanctions on Russia oil left most market with lesser choice but to compete in purchase with the limited oil supply. Tell your oil producing countries to get ready for this price surge vice versa.
TVC:USOILLong
by Ejike_Odeh