Nigel-K-W

Nigel-K-W

The Market's Price action has been on a healthy down trend, break of structure to the downside multiple swing lows being broken, the 200 Moving average exponential being broken at around 20,200. I anticipate a retracement or pull back to 20,166.18 and continuation of sells till 19,862 as my profit targets

Nigel-K-W

Market structure has shifted to an uptrend. The supply zone at $75.00 was invalidated shifting market sentiment from a downtrend to an uptrend making it a mitigation zone a newly formed Bullish breaker block 1h, Price broke and closed above $75.In the lower timeframe there's a point of interest demand at 75.036 which is close to the 1bullish breaker block....

Nigel-K-W

Price action on Us30 has been on a healthy trend breaking multiple structures to the upside forming HH and HL's Market broke past 42913.0 forming a bullish breaker block. An impulse move occurred to the upside if the market retraces back to the 1H bullish breaker block at 42913 i anticipate continuation of buys at that level and my take profit at 43,176.9

Nigel-K-W

The market was on an uptrend respecting the initial Bullish breaker block at 76.0 but Price failed to break past $80.0 per barrel. An impulse move occurred yesterday due to rising tensions in the middle east. Price sliced and broke through the bullish breaker block making it a new Bearish Mitigation block. A Break of structure happened invalidating the previous...

Nigel-K-W Updated 

Brent crude rose 2.7% at one point on October 1st due to fundamental reasons between Iran and Israel outweighing supply, multiple breaks of a swing high making a significant shift in the oil market breaking past $76 per barrel a fresh 2H Bullish breaker formed at 76.00 anticipating a retracement at that level and continuation of buys till $81 per barrel

Nigel-K-W

Waited for the After math on NFP a nice 2h demand zone occurred because of the impulse move on NFP's job data a retracement was imminent at that level 42036.0 anticipating buys till the newly formed swing high as my take profit target at 42260

Nigel-K-W

The markets price action has been healthy forming HH and HL and multiple breaks of a swing high the 1H bullish breaker block was respected at 41850. Price sliced through a previously tested 2h demand 42082.2 the market seems to be retracing back to that 2h demand zone. Placed my stop loss below that 200MA if the edge plays out, I'll be looking to exit at 42281.5

Nigel-K-W

The market's direction bullish trend reversed at that 1H Supply at $76 per barrel respecting the zone. The previously tested 1H Demand at $72.854 was invalidated at the second touch of the zone breaking structure to the downside making it a probable 1H Bearish breaker block anticipating a retracement back to $72.854 and continuation of sells towards $70.0 as my...

Nigel-K-W

[ I anticipate a change of trend on Brent crude my point of interest was that supply if a break of structure occurred on that zone to the upside, I would look to enter on lower time frame retracement fade the market towards that supply as my primary target 72.786

Nigel-K-W

There was a 2H Demand at price 76.00 since the market was on a downtrend with multiple breaks of a swing low, I was cautious in immediately bidding at 76.00 I waited for that demand to be valid and then the 1H supply to be invalidated to give me more bias to go long on Brent Crude, a Break of structure occurred price moved up till 78.62 and the previous supply...