Lets see if we can get this buy limit lol. We do that its HODL time till trump makes oil great again
Chart used for educational purposes! Enjoy (:
With a failure to break past the .382 the past couple of days, leads me to believe that we will see a bullish move up (hopefully to my sell limit) before we make our way back down. First target is my negative .382 extension, which is also where a gap is. Looking to fill gap before on the way back up
just now With the .50 base cut that happened to NZD this past week, causing a weakness in NZD and resulting in this fresh high, I believe that we will see a continued rebound in NZD, creating a short opportunity for this pair to targets 1.7115 and an extended target of 1.695
looking for price to follow what GBPCHF did, and continue downwards. first targets are the gaps that need to be filled, second target would be the negative extenstions i have on my fibs. Green and Red rays are drawn to show current "price action zone" I believe we are currently in.
With everything thats happening in the world on a fundemental standpoint, this is what i would like to see with oil. A failure of the .618 being its third/ fourth touch (depending on what you count). If price breaks below this we have a potential to go all the way toward the 3 year low we've had on oil
Enjoy this mark up that ive taken a lil bit of time on, as you can tell lol. Happy hunting with the dollar, Powell's comments definitely were interesting.
Looking to see trend shifting to a bullish market
Go to Wftraders.com to check out a complete analysis of this pair
short after retracement idea, demo trade!!
Everything's laid out on the chart. Just a quick chart analysis with labeled S/R points along with other technical analysis. Take this trade on a demo of course, Enjoy!
Seeing the continuation and support of this recent uptrend one thing I am looking for in the begging half of this new week (10/29-11/2) is a retracement towards the key level of 96.00, even possibly going as low as 95.50 to find its support before moving back up. With this being the first week of the month (NFP is on 11/2) there is going to to be very high...