Coffee is going higher.6 5 25 coffee is going ... it just did a two-bar reversal. Tesla is moving lower and was a good short trade.... It traded down to a support area which was also a 382 retracement. it's possible for Tesla to find some buyers but it's more likely that it will continue our to the 618 retracement
Oil Price on Cusp of Testing May HighThe price of oil is on the cusp of testing the May high ($64.19) after closing above the 50-Day SMA ($62.04) for the first time since April, with a break/close above $64.20 (61.8% Fibonacci retracement) bringing the April high ($71.16) on the radar.
Need a move/close above the $70.30 (61.8% Fibonac
Crude oil futures Trade the range In this video I look at the current range that we are in and I have laid out a plan in the scenario that we break that range to the upside and what we could possibly expect .
I have given some reaction zones where I anticipate price to react when we reach there .
I have used Fibonacci, volume pro
Liquidity Hunt: Crude Oil's Next TargetFenzoFx—Crude Oil remains below the $64.19 resistance level. The Stochastic Oscillator is in overbought territory, and RSI 14 signals bearish divergence, suggesting a possible price dip.
Oil could briefly surpass $64.19 to grab liquidity before facing selling pressure. In this case, a drop toward t
Crude Oil - Two Scenarios and about Brain PowerPrice retests the L-MLH.
VI. - Price breaks upward, target is the centerline
VII. - Price reverses again, then the target is the 1/4 line, with a subsequent extended target at the red centerline, and possibly even lower at the white dashed warning line.
On a personal note:
I was once again told t
Crude oil-----Sell near 64.00, target 63.00-62.00Crude oil market analysis:
Crude oil is still bearish, and we will continue to sell on rebounds. If it does not break 65.00, it will fluctuate. The general trend is bearish. If it breaks, we will adjust our thinking. Today's crude oil is the key. Will it start to take off before the data? The previo
#202523 - priceactiontds - weekly update - wti crude oilGood Day and I hope you are well.
comment: Time to be very cautious as a bear and hopeful as a bull. 3 clear legs down and the third could not make a new low. Now the market closed at the weekly high and it’s a fitting place for a reversal. 65 should be the highest bears should allow it. If bulls g
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Displays a symbol's price movements over previous years to identify recurring trends.