Dear Traders,
This is confirmation to technical analysis on Nov 26th and Dec 11th that Oil Prices on the rise which the price now has increased by 5.3%
Good Luck
Dear Traders
Attached is crude oil chart where we see strong bullish trend and more indicators support the bullish demand,
1. Volume Profile (POC) more buyers and strong bullish demand as it highlighted in Rectangle shape area.
2. Fib Retracement strong support at .236%
3. Second trend confirm the strong rise as we can see the W shape.
4. New target price between...
Bitcoin Chart indicate strong down trend from 20640 to 3010 as per Down Trend Line and Fib Retracement.
Price went up to 13925 as bullish took control until the price have reached strong resistance level at .618 then price went down to support level at 4385 as per Down Trend Line. Price started to hike as bullish started to take control of the market again until...
Hi
There is a negative correlation between TVIX and DJI, when once goes up the other goes down.
Buyer in TVIX are pushing price down as bearish winning as we see the price is as low as 28.5.
My best analysis is that buyer are collecting as much as they can by pushing price low. We have new support at 28.8 and 1st resistance at 30.80, 2nd resistance around...
Dear Traders
Please note that my chart indicate that USD Crude Oil is on the rise as we can see from the trend the High High and High Low prices as part of the up rise of the trend. Also the rise is mainly due to positive news about the Vaccine.
Your comments is highly appreciated
Hi there
Gold is Bullish and attractive for buyer since current price 1813 is less than POC. The 1st Resistance level is around 1818 and the 2nd Resistance level at 1848.
