US30 seems to be under strong bearish momentum. Looks like it is trying to break the most recent 4h support zone. I utilize multi time frame analysis so i'll look at the smaller time frame to see price in greater detail. If price retest as new resistance i will be targeting next structure support zones.
Gold clear uptrend making higher high and higher low based on h4 time frame structure. Price has also been in a consolidating range bouncing between support (1682) and resistance (1715). Price started selling from resistance last week so I expect the sell to continue to retest support (which is also 38.2 Fibonacci level based on h4) once more before possibly...
price is on an overall uptrend making higher high and higher low bouncing off h4 trendline. Expecting possible retrace to retest 8937 which is also 38.2 fib zone on m15 time frame. If price does not fully retrace I will draw trendline wait for a break and retest before entry opportunity. Possibly buy towards next major resistance on h4 time frame 9753.
NZDJPY MAking lower lows and lower highs based off h4 timeframe structure. Price recently started selling from major resistance area 65.145. Expecting to see more possible continuation of downtrend with take profits at minor support zones in blue and overall projection at major support zone 63.732.
US OIL IS CURRENTLY AT MAJOR SUPPORT 19.85. PRICE HAS TOUCHED THIS ZONE SEVERAL TIMES AND BOUNCED. EXPECTING PRICE TO POSSIBLY CONTINUE TO RESPECT THIS SUPPORT ZONE AND SHOW BULLISH MOMENTUM WITH TARGET TAKE PROFIT AT RESISTANCE ZONES.
PRICE IS AT CRITICAL SUPPORT ZONE. EXPECTING 1 OF 2 POSSIBLE SCENARIOS A. PRICE RESPECTS SUPPORT ZONE 22.33 & POTENTIALLY BUYS TO RETEST RESISTANCE 23.98 B. PRICE BREAKS SUPPORT, RETESTS AND POTENTIALLY SELL TOWARDS SUPPORT 19.85 THEN POSSIBL RALLY UP LONG TERM
EXPECTING PRICE TO POSSIBLY RETEST RESISTANCE 1.7759 THEN POSSIBLY SHOW SIGNS OF SELL OPPORTUNITIES WITH TARGET TP AT SUPPORT 1.7552
PRICE IS CONSOLIDATING AROUND SUPPORT 0.9687. PRICE MAY RETEST SUPPORT AGAIN THEN WILL BE EXPECTING POTENTAIL BULLISH MOMENTUM. TARGET TAKE PROFIT AT RESISTANCE 0.9792.
Us oil has sold as expected to last major support zone 23.48. Expecting price to respect this area ,and show signs of possible bullish momentum with potential targets at previous resistance zone 29.02.
after selling briefly earlier today price is now setting up for potential buy opportunities. Price is bouncing off support zone 8092 and making a "W" formation. Expecting price to possibly show some bullish momentum with target take profit at previous resistance zone 8292. This is not trade advice simply my personal analysis based on what I see at the moment....
Us oil has been in a VERY strong downtrend for the past few weeks. PRice is currently at a weekly support level. if price breaks this zone on smaller time frames I will be looking for a retest as new resistance before selling again long-term towards next weekly support zone $29.
My overall prediction is still sell. BUT I do expect some sort of retracement at least to 38.2 fib level (55.44) or possibly higher. Bears maybe trying to trap enough sellers before making a retracement so I am being patient waiting for a valid trade setup. Price is currently consolidating around support zone 51.48 at the moment. BUT price is below middle...
Xau/USD analysis I predict price will pull back to the trend line on h4 timeframe around 1582.51 which is also 78.6 fib retracement so there’s a lot of confluence in that area. Once price shows some bearish momentum I will look for sell opportunities with first take profit around 1548.35. Take profit # 2 will be 1535.68 which will be a -27 projection level on fib.
This isn’t a pair that I trade normally but decided to mark up and sees how it plays out. Price was on a temporary uptrend on h4 timeframe but price broke below the trend line showing some bearish momentum and retested. Looking for price to break support zone 14.34442 to continue downtrend heading towards next support 14.11244.
This is my analysis for us oil. Price broke daily trend line and closed below daily support at 54.81. Price sold nicely this previous week currently heading towards new minor h4 support 53.46. I will not be too eager to take any buy positions this week bc I believe price will continue to fall after a nice retracement of course. If price breaks support I will...
Uk oil Last week price bounced off support area 55.95 and currently heading to next level of support at 59.71. If price breaks support, retest, and shows signs of bullish momentum I’ll open long position first target major resistance zone 67.73 long term daily time frame.
Us oil is currently at a major level of support around price 52.93. I also notice that it has touched this level 3 times so I’m expecting price to at least retest the trend line on h4 Time frame. If it breaks the trend line then retests as an area of new support I will open a long position until the next major resistance area which is around 60.69. If price...