All signs of has been seen for this continuous bearish wave. Far way distance to cloud signals us that it is so bearish to me which triggered a flash in my mind to better watch out.
all retracements happen due to Fibonacci retracement pattern. I warned you a lot of times. Trade safe and easy.
weekly RSI and also candle stick pattern show a bearish trend for oil. it want to be close to cloud. Trade safe and easy.
All bearish news, movement, technical.... every thing is bad here to me. Trade safe and easy.
Closing under weekly cloud is shown in the chart in addition to closing under Multiple EMAs makes the condition more bearish for you! Take care.
If it close under the daily cloud, it will go down more and the mid-term trend will turn to be bearish.
take care of your trade. it is a dangerous zone for you guys!
All bearish in trend, I can see due to cloud and EMAs so this trend according to war can be more harsh!
Nice slope of bullish trend! In the cloud but I agree that you should buy on step! Trade safe and easy.
If it breaks up the flag it can go up to 1.6-2 USD... Trade safe and easy!
We have accumulation of ma200-ma50-base line- conversion line which alert us that a big pump is coming...! Trade safe and easy.
It closes above the cloud so it gives us the best point for being in the long position!!
This is the most important weekly candle. If it breaks 50ma and base line, it can be the best place to be in the long position. Take care. Trade safe.
Weekly candles are on the main frontier of the cloud. It shows a very nice support zone for trend (37200-39200). I do not expect a bullish scenario for upcoming days. A accumulation phase can act because of the main support here and volume. Increasing volume in downtrend can be very hazardous but now we do not have a very large volume so I do not expect a harsh...
I can just explain in a simple way for you. We have a cloud support in which also does not show a strong one, but we can a expect a pullback to upper levels. it is all about the breaking cloud down or up. If it goes to see upper levels we can expect a accumulation zone for a long period of time.
Candles are in the weekly cloud of Ichimoku which shows that we are in the neutral condition as the point of demand and supply. The orange might be a support but as the loose one. The 50MA in the weekly time frame (black curve) can have a retest in the sooner future.
It found a mid-term nice support. Big moves are expected during the congestion of the base line- conversion line- 50ma in the 4h time frame.
broken up all important levels of cloud such as base line- conversion line-200ma and also 50ma. it retested the base line in the weekly time frame and then went up! nice bullish harsh move based on cloud!