USOIL Buy idea H4 TF The underlying stops are collected, the lower time structure is broken, and the oil price is moving to the upside liquidity.
I think we are bullish on the 4-hour time frame and will go up until we fill the gap specified in 22800 and then after hunting the stops above, the price will collapse.
British consumer price inflation is set to peak at 18 percent in early 2023 – nine times the Bank of England's target, according to an economist at US bank Citi, raising his forecast once again in the light of the latest jump in energy prices.
News: BlackRock Inc (NYSE: BLK) CEO Laurence Fink sold 44,500 shares of the company on Aug. 5 at a price of $684.61 each. The sale was valued at $30.5 million, according to Benzinga's insider transactions page. After the sale, Fink owns 563,771 shares of BlackRock.Aug 8, 2022 !!!
despite any other charts such as ETHUSD there is a bad weakness in Market Dynamics Condition of BTC. Despite the condition of any other charts such as ETHUSD, there is a weakness in the Market Dynamics Condition of BTC. It didn't hold the Supportive trend, and to classical theories, it's in bad condition. Let us see what is coming on the Weekly candle closure...
as the recession going to start, CHF will be powerful against all pairs ...
after 6 months of oil price surging, now its main ascending trend is broken, and the ascending momentum is over, for now, look for a good short position set up on it.
in the coming months, when the recession in the USA starts every bank and investment bank is going to buy Bonds, and then yields are going to decrease, that's the time for USDJPY to fall where it started to rise!
it looks like CADCHF Downtrend has been broken and the pullback movement has been completed, you can make a long position on it with the tight SL under the last pivot ...
The Japanese economy is so strong, they decided to don't increase the interest rate and not tighten policy because they know that, the unstability of the world's other big economies is a great reason to buy the yen, they protect their yen and their exports with the weakening of the yen, for now, we got a big move here, we think of the iceberg that these policy...
you can set SL under the supportive channel or w8 untill price going above that !
long term ascending trend have been broken , and price show a good reaction to new descending trend, lets look in coming days, can price go back above the ascending trend or not ?
ow ow , look for closure of 1W Candle to confirm Breakout!
if GBP close a 4H candle under the red line, we will open a short position on it with lower distination
nice chart for a long entry ... we are buying here a little, but if price get down to the green zone , we buy more and more and more ...
all details included in the chart ... you can observe the ascending channel and price movement on the trend lines completely.
It looks like a simple pullback to the broken trend for now, if nothing bad happening in next week, its possible to ascending trend starts again, wait for confirmation, entering in any new position is too risky now, w8 untill a significant sign show it self to you !
Thats sounds crazy after 20 year we have another one day +10% drop except the one occurred in corona pandemic. We think it can be a good discount in energy crisis of 2021. If price hold it self above these line for a while , ascending trend will be continuing … Another chart with bigger time scale published along side to have a better vision!