GBPUSD failed to break the H&S resistance It's now indecisive as it's straddled between the 100MA and 200MA I would stay away from this pair for now The above is my opinion only. DYOR
Every attempt to break up is followed by a bear candle. Might see a down move as conclusion to this. Target is 0.786 retracement to complete a Gartley pattern. The above is my opinion only, DYOR.
Crude oil is at a strong resistance, and there is sign of the price being rejected from resistance Producers and managed money are also at a record LONG position, there is almost no buyers left now what do you suppose will happen if they start capitalizing their position? The above is purely my opinion only and not an advice or anything, DYOR!
It looks like a bear trap Bounce off the 61.8% Fibo and heading towards 1750 DYOR!
Silver just bounced off the daily and weekly pivot support, might see a good retracement here
USOIL just created an evening star pattern. Coupled with March 4 OPEC meeting, I expect that supply of oil will increase as well. These guys are eagerly waiting to ramp up sales