Hulltrader

Hulltrader

Found it interesting how similar these two consolitation areas are. Possible move up from the 38.2 level.

Hulltrader

Price has been standing under the long term trendline for a bit now and formed a HS pattern. Might go down bit, if no momentum comes to the upside. After this correction to the 7600 region we might bounce back to try to break long term trendline.

Hulltrader

Guys! If we have enough momentum this could be a good quick trade to have. Altho, we have bearich div. on the daily chart that could cause a bigger correction, but for me price looks rather bullish.

Hulltrader

Possible long trade on the 4H chart emerging. Looking how the market reacts on POC zone with fib. levels, support zone and trendline present. I think price might move UP towards the last high around 108 level. Nice round number for this pair. Cheers! Let me know what are your thoughts! :)

Hulltrader Updated 

WTI has been in a long up trend and ready for a correction. This week their might be good entry point to enter short positions.

Hulltrader

NYMEX:CL1!