billytrade101

billytrade101

Disclaimer: I post for informational purpose only dear traders, please do your own research properly, markets are risky. Pair: USOIL (XTI) Setup: Short term (Higher timeframe = 1H) Bias = Bullish Session entered: NYsession My Hypothesis: - Economy: The employment data is strong & there is enough supply of oil reserves as from Crude oil data yesterday. My...

billytrade101

Disclaimer: I post for informational purpose only dear traders, please do your own research properly, markets are risky. Pair: GBPJPY Setup: Short term (Higher timeframe = 1H) Bias = Bearish Session entered: London session My Hypothesis: - Economy: The inflation data is down, well controlled, while the interest rate cuts are still uncertain to most...

billytrade101

From the Intraday perspective the price broke previous days Low, so it is bearish. And the Volume was sufficient, making it a bearish candidate.