continued on from previous analysis on 1h oil has pulled back to previous support, good time to short
waited for pullback to previous low, good time to short maybe not forever though 4h swing
ive entered short again at 38.80 as i believe downtrend will continue
gutted tradingview has a 10 post a day limit, tried to post this hourly chart last night, but i did manage to post the 15m entry a few hours before hand, a nice 100 pips, closed out looking to renter if we rally a bit higher
could be a channel breakout and a retest
massively in the oversold area on the daily timeframe, if you look left from current levels it has acted as good support previous, look for price to turn bullish from these levels, im long from 78.80, as i believe the trend is now turning to a longer term bullish trade, expect resistance at 80, 81.90
im long both gbp/jpy and cad/jpy, good signs on daily charts for the pair, and here we see gbp/jpy breaking downwards trend on 4h chart. signs are good to hold for a couple days for easy pips
now the harmonic isnt accurate as im not educated in harmonics but the double bottom is real, look to buy
i hope your enjoying my simple price action analysis, which is different to indicator trading which is seen alot on here. so lloyds has taken a big hit since covid which is to be expected but with price being this low, its both looking good as a long term growth stock, and potentially trading this squeezing wedge to about 0.32, which is almost 50 percent gains we...
dxy is going to keep going down as the fed, inflates the dollar to ignite sp500 growth. notice how price has rejcted o the daily my bottom green line which was previous low
dollar is weakening with fed planning stimulus (inflation) expect stocks to gain but dollar to weaken. im long as daily is over sold and made a small correction to previous high, target towards 3600
eur/usd was a cheeky chap, breaking what alot of retail presumed was strong support, there is a potential to drop off from here if it was a pullback, but the dxy index is falling, check the daily dxy chart, i presume price will smash my green line and resume uptrend after a breather
cant draw the best on tradingview, but you can see since all time high, tesla is making lower highs, we are consolidating and finding support above my green zone, best to wait for a decision in my opinion
still respecting our levels, look to buy as dollar continues to fall on stimulation to inflate us stocks anything /usd is going bullish
xiaomi has rallied well forming a continuation gap on good earnings, this was followed by an exhaustion gap, now im looking for a panic sell and price to pullback to 19/20hkd which ive charted as a horizontal. gaps get filled 9/10 times, with 20hkd being near original ipo price it makes sense to bounce and strong demand at this price. short from here or buy at the...
pullback from profit taking look to buy at 350 dollars. this is a volatile stock that I think could be entered into spx500. and elon drives a tight ship
price has pulled back to previous high after breaking trendline above the triangle. I think crypto is always best to buy after a panic sell