Crude OIL long. Reason is the terrorist attack today (14-09-19) of houthi terrorists on oil installations in Saudi Arabia. 10 drones were used in the attack. Rumours say that 50% of the oil production has been stopped in Saudi arabia, which is 5% of the world oil production. Donald Trump will very likely give a strong condemnation of this attack.
There is a pullback incoming on gold, the reason is very simple: - Trump reaches agreements with Chinese president on G20 meeting - Europe is opening trade talks with Iran - Trump lifts ban on Huawai products - Dollar getting stronger, so the contrary is going to happen with Gold - Trump is the first president to set foot on North Korea last sunday Short till...
Currently observing the geopolitical tensions about the gulf of Hormuz and the allegations about Iran's Military. The current news and the marketclose on friday and the market opening on monday will most likely cause a gap in the OIL price. The price of OIL will almost 90% surge the coming week. Price is currently $52. This will propably go up to $57 or higher ...
XRP Long when bitcoin breaches through $8060 zone, XRP Potential spike to $0.415. Subscribe for more calls.
Strong Bullish momentum for ethereum if Bitcoin goes beyond $8000, Could see a powercandle up to $258 for ETH/USD.
On the 4H timeframe we can see 4 rejection wicks which indicates exhaustion of upside movement. The fourth candle is a Doji candle, which represents a reversal from the upside trend. Keep it simple, no need for a million idicators :)
XRP Breakout the 30min trendline up to the 4h trendline with a possible long to lower highs.