Looking for price to pullback to the previous trendline. However, there are levels in the way, so there could be interaction with these levels before pushing further down.
Price is currently sitting at strong support from the weekly, Nice pin bar candlestick and also divergence on the 1hr. Looking for price to hit the trend line.
Bouncing off a very strong support level/Demand level, Stochastics is turning bullish and suggesting a reversal. However, we are in uncertain times with the outcome of the US election to still be determined thus anything can happen.
As the UK goes back into lockdown, it's only natural large companies and corporations alongside the general public will start making use of zoom to stay in touch. Zoom is estimated to report earnings on 12/03/2020. Looking very bullish.
Natural Gas could continue in this bullish channel however, I would like to see it pull back into this support level before going long again. You need to remember Natural Gas is a seasonal commodity and generally around winter time is when it will be utilized to combine that with another potential lockdown here in the UK could see people stuck indoors for longer...
Tesla is now touching this trend line for the 4th time, price is also at previous support with divergence on the 4hr chart. Looking for longs.
DXY has been making a series of LH's & LL's, Price is currently testing previous support which is now resistance, 1HR candle has now printed a shooting star which is a reversal pattern. 3 confluences to suggest price will go lower.
Price is at a trend line, there's already been 2 touches, looking to ride this one higher, also regular bullish divergence on the 4hr & 3hr. Wait for price action to confirm the 3rd confluence