WTI is due for a pull back it has managed to chop its way up to this level and not only did that take 31 days it was planned for if you take a look at my last WTI trade. Also just for a little extra conformation you can see clear divergence on the RSI. I suggest a sell here or a (Short) Do not get greedy with this one. Self knows what Mind wants Intuition...
Price has made a pull back or outside return but the overall trend is still bullish on the weekly. I would recomend a buy here or (Long). The 1.618 fib is my target. My observation is that if you sold UCAD at the beginning of the year and you held until the 1st of February you would be in profit. Self is seeking a reason for that correlation to be proven with...
short until we get a retest of the broken red down trendline.
looking for a sell after the market opens. let price come to me then sell the coordinates you see above
Dollar CAD has some room to go up it broke out of a wedge to the upside. If crude oil starts to consolidate you will start to see UCAD start to fall. Not that its going to fall out of the sky or anything but if you time you entry right, have a little penitence it will be very lucrative next year into the next 10 year evaluation in my eyes.
although I think its still bearish due to the weekly close and the overall downtrend. This pair in the bigger picture truly has little downside left. Over the 4 years this its been consolidating since it broke below the monthly and yearly lows in 2005. In my opinion this is a pair big banks are looking to invest in over the next years. Yes I said INVEST and in...
2019 looks be bad for the Great British Pound.
Buy the D leg on the bat sell the D leg on the cypher pattern. short term buy to the upside 147.000s and on the downside I see the 140.000
Buy the D leg of the bat pattern and sell the D leg of the cyhper pattern. keep in mind that the buy is short term manage your risk properly and look for the bigger trade to the downside. 140.000 is where I think the smart money looks to start taking profits on the downside.
Looks like a upward channel or possibly a correctional flat to the up side. Price has failed to continue down for a few days now. Consolation on the 4h suggest that a bulls are looking to take over.
EUR/USD has formed a bullish head and shoulders pattern look for longs in blue kill-zone. simple
Based on my analysis XRP/USD has a little more downside is blue zone is rejected. In my opinion the market recently experienced some FOMO so from past experiences, selling is not a bad idea.
Ripple XRP is on has made a nice bullish move to the up on the daily. Price has seen some profit taking making price pullback into the 0.50000 level. Looking for a 618 pullback and a move towards 1.0000.
From the average lows of 1.27920 to the first impulse leg of 1.30965, price made a 50% correction and has made an extension to the 1.618 extension. Fibs levels are reacting nicely to my analysis. RSI on 4H showing bearish divergence, the last 3 4H candlesticks are indecisive the wicks (shadows) are long than their bodies. Three good reasons for me to enter.