The USOIL has formed a Dark Cloud Cover candlestick pattern at the retrace ratio of 50%
Oil has a rebound from 0.382 ratio. Now, it is getting close to a potential reversal point again. One should observe the price action near this zone.
The USOIL has reached the ratio 0.382. Will the waterfall have a pause here?
Posted on April 11, 2017. Refer to the post at www.facebook.com
The Gold has fallen from 1260's support to 1226 within 4 days by the time of this article. It seems pretty bearish at the moment. However, I consider 1260 as the support that triggered a short term drop in price. The critical support happens to be 1180 - 1194. The gold may trade sideway below 1260 for another month if it is symmetric pattern. Let it runs and watch...
The oil has dropped below $50 today. It's worthwhile to observe any reversal pattern in the zone.
GBPUSD just broke the resistance and worth watching as it also contributes a significant factor to DXY
A shooting star candlestick pattern indicate the finish of the rebound?
HKDJPY has broken the support last week, see the chart for where is it heading
EURUSD after testing the golden ratio, it moves in higher high. Can it reach target 1.112?