After reaching its recent height of $95 a barrel later in September. Crude oil has been on a downtrend since and is currently just below $80 a barrel. There are a lot of factors weighing on Crude oil such as weak Global demand, inflation, and tensions in the Middle East. My Self as well as other institutional traders have not changed our price target for Crude oil...
After reaching its recent height of $95 a barrel later in September. Crude oil has been on a downtrend since and is currently just below $80 a barrel. There are a lot of factors weighing on Crude oil such as weak Global demand, inflation, and tensions in the Middle East. My Self as well as other institutional traders have not changed our price target for Crude oil...
The market touched levels of $81 before reversing back down. We see that the market did an evening start at the resistance zone that had a shooting star as the Doji body. We see a strong push to the downside with the market gapping down then filling up the gap to close where the last candlestick had closed before. This is a bullish counterattack line. On the...
We will be looking at purely the technical aspect of price action on gold, understanding that there has been a shift in the volume in regard to the hype in cryptocurrencies, and the signs of a serious bull run beginning are not showing. currently Gold is trading at at $1887. Looking at gold and where the price would be heading next,we see that has the price has...
Oil has been on a blissful rise to the upside since midyear June 2023. Prices skyrocket from $69 a barrel to highs of 82 Dollars a barrel. Currently, The price of Crude oil is $79 and the price of Brent is 83 dollars. We can see that the market trend has changed and the uptrend has now turned bearish. In this article, we will be looking at purely the technical...
Bitcoin has completed harmonic pattern and found resistance at 55.940 and got rejected Bitcoin Buy order at 55.940
test of the bottom channel high probability for Upside low probability of breaking channel to the downside
Looking at up movement on oil Simple supply and demand
Oil just headed down for a temporary dip it's testing the bottom trend line seen on the H4 It completed a harmonic pattern and is looking to move up from here
Bitcoin has been on a steady rise for the past few days, with the news influencing most of the rise. Today was the first day we saw a decent decline to retrace the up movement that took place during the past Weeks The market has retraced into a Bat pattern and I am currently at the completion point of the 5 point pattern. This point is important because on a...