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Week19

Monday: Crude Oil - Week 19I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action. ----------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------- SMASH that follow button! 👍 💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you! RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
TVC:USOILLong
by INotFancy
#GBPUSD, impressive bear in Week 19, what about Week 20?GBPUSD moved a different direction as what was expected from our analysis last week. It made a gap at the start of the week and went down all the way without looking back. It stopped the price movement in bearish consolidation zone 2 and ended the week with a hint of a continuation of the trend. As the pair is currently residing in the consolidation zone 2, the analysis would expect the pair to go further, reaching a level 3 before a reversal pattern show itself. I am currently holding open short positions as well and I am planning to exit when it hit level 3 and wait for a reversal pattern to complete itself before going long. The whole process of hitting bearish consolidation zone 3 and the completion of the reversal pattern can take the whole week of Week 20, we just got to be patient and wait for it. Thus, the short term outlook remained bearish and would only turn bullish after the reversal pattern at consolidation zone 3 shows itself. I hope all traders continue to make good profit in Week 20! Please like and follow me if my analysis helped you in any way! Thanks for the support! =)
Short
by xunnobi
#EURUSD, expected consolidation in Week 19, how about Week 20?EURUSD did not make any strong move in Week 19, and it has moved comfortably within its consolidation range. I personally only took one signal in EURUSD in Week 19 as it seems not to show any good signals. The price is currently sitting at the top of the consolidation range and it is still unsure if the price would fall back to the consolidation range or would it make an upward break in Week 20. Thus, the analysis is not suggesting taking any bias outlook at the moment and wait to have a clearer picture before taking a stand. I hope all traders continue to make good profit in Week 20! Please like and follow me if my analysis helped you in any way! Thanks for the support! =)
by xunnobi
#USDJPY, Strong bear in Week 19, can they continue in Week 20?USDJPY moved way beyond the expectation of the analysis. It opened with a big bearish gap and continued its downward move till Friday. Spectacular week for short traders, congrats to all short traders who made an awesome profit! In Week 19, USDJPY only showed the Bullish strength a few hours before the close of the market. USDJPY threw a reversal pattern at its bearish level 5 consolidation, and it is easy to miss the entry since it is near the end of the week. The analysis is pointing a bullish trend in Week 20 as we are now in the middle of the reversal pattern. A double bottom was identified as the reversal pattern and it seems to be able to move the pair upwards in Week 20. Personally, I will be adding long positions in Week 20, and the price pattern and analysis gave me great confidence that it will reverse itself to a bullish trend in Week 20. I am also currently holding two open long positions in USDJPY. I hope all traders continue to make good profit in Week 20! Please like and follow me if my analysis helped you in any way! Thanks for the support! =)
Long
by xunnobi
#USDCHF, downward break in Week 19, still bearish in Week 20?USDCHF spent much time in the range of level 1 and finally, it broke down to a new low towards the end of the week, moving into the level 2 consolidation zone. USDCHF moved much to what was expected of it, consolidation then followed by the trend move. I hope traders have taken advantage of the range and made good profits for yourselves! The analysis for Week 19 still points toward a continuation of the bearish trend in upcoming Week 20. The price broke into a new low and I am looking at USDCHF forming a new low in Week 20. With the analysis in place, I am comfortable going short in USDCHF for Week 20. However, a consolidation might also follows after a strong bearish move in Week 20. I hope all traders continue to make good profit in Week 20! Please like and follow me if my analysis helped you in any way! Thanks for the support! =)
Short
by xunnobi