Oil on the weekly with key levels and buy and sell suggestions.
Natural Gas key buy and sell levels for the coming week. Looking to enter a buy at 3.333 follow the key levels up note 3.500 would be a key resistance. On the sell side looking to enter at 3.280 following down keeping an eye on the levels marked for further continuation watching key resistance at 3.12 to 3.08 As always secure when in profit , markets are very...
Last weeks trade smashed for over 700 pips , for this week we are looking at entering a sell at 2797 down to 4 hour resistance at 2774/5 for a total of 220 pips . Once we are down to 2774 we can expect a rejection and rise to previous ATH of 2816. Entry would be based on break and retest of 2774/73 taking profit on the way up to 2816 for a total of 445 pips so...
Gold making ATH before retracing last week. Here are the levels I'll be watching in the coming week. I'll look at taking a buy if gold gets to 2776 expecting it to meet resistance on the way to 2800. 2778 and 2784 will be strong levels to break on the way up. On the sell side ill look at entering at 2766, expecting 2750 as first major support. Trades entries...
This weeks swing trade we are targeting a pullback to previous support before entering a buy. Target for the sell entry first is enter at 2769 expecting to bounce at resistance at 2747 for a gain of 226 pips. On the buy side looking at entering at 2745 expecting a push to 2799 for a swing of 543 pips. Trade is based on higher time fram analasis of both support...
Gold key support and resistance levels for the coming week . Ill look to enter a buy at 2692 monitering support and resistance levels to the upside. For a sell my entry would be 2684 . For Gold we have seen a rise after a strong drop , we have retraced from 2600 to 2690/91 area now we could see a correction to the downside again. As always trade safe wait for...
This week, the major news revolves around Trump and his actions upon taking office. Expect high volatility and erratic movements. For this week's trade idea, we need to wait for a pullback to the previous support level at 1.213 and enter a buy when we get confirmation. We are targeting the previous daily high at 1.23500, but remember to take partials and secure...
USDJPY trade idea for the coming week. Expecting USD to rise early on in the market because of the presential inauguration and Trump implementing his new policies before we see a correction in the market. My thoughts are entering a buy at 156.400 up to my sell level at 157.395 and then sell it down to the golden zone on the 4-hour chart which is 154.973. Ill...
Big week ahead with president Trump coming into office and on the first day he is expected to bring a lot of changes into law. For this weeks trade we are targeting a pull back to the real resistance zone which is 2680 level. Expecting a bounce from here to 2719 first then 2724 and lastly TP of 2744 which will give us a profit of 632 pips. Trade is based on...
This week promises to be quite eventful in the markets with Donald Trump taking office on January 20th. Initially, we can expect a strong USD until the markets stabilize. For our chart this week, I've highlighted both the upside and downside. My plan is to monitor the market opening during the Asian session. If there isn't a sudden spike, I would consider...
Market should be getting back to normal this coming week/ Heres a trade idea based on 4 hour time frame and key levels of both support and resistance. My plan is to sell gold down to previous resistance level and then on rejection to buy it back up to 2720 level for 132 pips on the sell and 445 pips on the buy. Entry criteria is as usual wait for levels ,...
Natural Gas weekly levels with both buy and sell entries. We have seen a bullish move on Gas this week closing at the highs of 3.703/ In the coming week it could deliver a brealput and trade at $4.0 level/ Look at the moving averages yjese have crossedd over and are trading with divergence and bullishness. RSI is looking upwards and in the near term should...
GBPUSD this week continued its downward path, I think it will have further decline this week after a short pull back so my plan is as follows . On market open after observing ill enter a buy to 1.22607 area, this has shown to be a good support previously, then if it holds ill enter a sell expecting 130 pips on the downside and 50 pips from the upside.
GBPUSD for the last week fell and created a nice downwards trend line. For the coming week as long as that trend line is not broken we will continue to fall until we reach key support. My thoughts are to sell at rejection at 1.24321 expecting to reach first support at 1.23012 which is a 130 pip move. Ill be taking partials along the way. If we break the daily...
See above my thoughts on Gold for the coming week with both buy and sell levels. For a buy am looking at entering at 2644 expecting 2665 as the first resistance then 2676 to 2678 as high resistance , if broken gold will have confirmed a bullish movement so expect 2700 and up next. On the downside ill look to enter at 2632 expecting resistance 2624 to 2620 area ,...
USDJPY traded bullish all week you can see this as a conformation on the daily and weekly trend lines. My bias would be bullish if we can break through resistance at 158.059 Entry for a buy would be 158.160 expecting to reach 160.276 which is next resistance. For a sell I would enter at 156.724 , need to watch out for 156.233 but if broken would expect a...
After seeing a fake breakout to 2593 gold reversed and held to 2622 which is thenreal level of support. Based on weekly and daily trend lines and key support areas my plan for the coming few days is to monitor at market open and go into a sell expecting a drop to 2618/17 before monitering for rejection and buying up to previous daily resistance at 2664/5 for a...
Wait for pull back 23 pips to support at 1.27023 and enter on break and retest . TP is 1.28341 which is resistance on the 4 hour. Fibs are all aligned too so hoping for 120 pip move here. Method just key levels Fibs and support and resistance