Tecnicalanalysis
Crude Oil is it Bottoming?Hey Traders Crude oil looking like it still trying to bottom to me but I don't think we are there yet. Supply and Demand fundamentals aside there is a strong seasonal trend that takes place every year in the energy markets.
So here is quick video about how to wait until the market confirms that a true high probability bottom could be happening!
Enjoy!
Trade Well,
Clifford
💁♂️ DXY / 1D ,100 Reached ✌✅UPDATE HI TRADERS,As I expected, the trend is from the100 range,mentioned in the previous analysis. It has been accompanied by a positive reaction.
As you can see, now the important resistance is 105 and in case of stabilization above the range of 105, we may see growth up to the range of 107/108.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
Morning Mantra - 7th February, 2023Dear All,
On observing yesterday’s market momentum, where Nifty had made a high of 17823.70 but had somehow failed to sustain above the level due to selling pressure. We can altogether see how crucial is the level of 17800 for the Market.
Once again, Nifty seems to be finding difficulty to stably cross over the stated Resistance level of 17800.
Moreover, on observing the formation of a bearish harami pattern on the day chart of Nifty, we can sense a little cautiousness in the Market for today.
Nonetheless, we are still positively hopeful for the Market with the support of 17320.
Thus in the meanwhile, stay cautious and be stock specific for now.
Regards,
Alok Daiya
USDCAD - WAITING FOR CONFIRMATION!Waiting for confirmation to short USDCAD at 1.33965 back down to swing lows at 1.32793 or if we see a break of the level, I will wait for a retest of 1.33965 to long USDCAD back to swing highs at 1.35118.
If you agree drop a like and if you have any questions leave a comment :)