Oil is currently consolidating in the loading zone. June,6th, bears setup their defence. June ,16th, bulls were failing to take back control of the uptrend because they did not close above bears defence. June 17th, again bulls failed and might form a daily inside bar. What is going to happen tomorrow? Are bears coming back? see you at 27.5? We will see!
Gold had confirm a solid base ranging around 1683 to 1704, we might see a very bullish trend is coming after such a long consolidation, aiming 1780!
Noticing price has been broken previous structure, I can sell the pull back at 2.0445, put SL at 2.0525. Aim 3 targets collectively at 1.9948,1.9862,1.9808. Good Luck!
AUDUSD is showing bearish sign already at 4h time frame, hence, I can consider to sell AUDUSD after pull back. EP: 0.65613 SL: 0.6568 AIM: I will see how it goes along the way down. Half position at 0.6442. Good Luck!
USDCHF just broke the daily triangle and it just confirmed the bullish trend. Hence, we can buy at around 0.973, SL at 0.97, aiming 0.997. Very good RRR. Again, this is just my own opintion only. GOOD LUCK!
Oil is likely to form a solid base at around this range. Hence, I can consider to buy some once price pull back to this range. Do filter out the entry with multiple indicators when do so. Again, This is just my personal opinion based on trend analysis. Hope we can see a choppy corrective uptrend back to 18.
Mark down the important price for personal reference only. JJ@ 20200424
Oil made 10 weeks drop so far, will we see some consolidation next week? Nice rally in early May? We will see...
Wait for the pull back and long from the support
Closely watching this bullish bat pattern forming in 30m time frame of gold. EP:1572.2 SL:1571.6 TP1:1573.4 TP2: 1574.6
I will be watching closely if gold entered my zone here, I may short based on bearish bat
Oil is likely going to form a bearish bat inside the previous structure range, watch closely when price moving inside that channel, follow the signal to enter a short trade. I will post the EP,SL, TP later on. Good luck! JJ
Waiting for entry signal...
AUDUSD IS ABOUT TO FORM A BEARISH GARTLEY , HENCE, I CAN TAKE A SHORT POSITION.LOT SIZE: 1.17 EP:0.6720 SL: 0.6737 TP1: 0.6698 TP2: 0.6684 TP3: 0.6662 GOOD LUCK
shall I short this since I took short position of AUDUSD already...