USDWTI H4 We didn't quite pullback to our $80/B price, but looks like we may be seeing reversals now at current S/R which is marginally below $80/b. Certainly a measurable trade down to $75.50 initially, offering circa 5R. Hopefully we can see a similar move to what we have seen on cable. A nice heavy drop to make positions risk free and bank profit early doors.
USDWTI H4 We spoke and covered this during yesterdays webinar and also the technical rundown which we have just posted. A range breakout to the downside on two occasions here. Lower lows and lower highs have both been set. Really looking for a daily correction, a nice healthy correction to see WTI test maybe $70-72/b. Demand still high, but WTI corrections are...
Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The commodity Brent Crude Oil (BCO) has been in a rangebound movement since mid-October 2021, with resistance around the 86.50 price level and support observed around the 83.55 price level. Expectations are for a breakout higher towards 89.25. Failure of this move will be seen if BCO breaks...
Not a financial advisor. Metamaterials is soon to be an industry giant. After acquiring TRCH energy months back shareholders are finally starting to see the preferred shareholder dividends. I'm one of them. Rumors have been swirling around that after this deal was complete that they might be looking to partner up with TESLA! I do see current events leading to...
Not a financial advisor. Today CEI took a major dive. In which sparked my entry. Like many others, I see a great bounce play here. I'm eyeing up a return to test $2.49 retrace bounce off the $1.93. If we have enough volume we will see $3 return. I like this project. I'm holding a core and swinging a smaller position. Over dramatic selloff. We saw a big...
s.e. 99.50 s.l. 180.81 t.p. 61.17 In according to the indicator we can see a bull trend for long, but the other indicators MACD and RSI suggest that the graph will have a little down flex. whit this prevision we try to put the entry when this flex will be finished but to safeguard our operation we put a lower s.l. no financial advise
Natural gas is combustible as producers extract the energy commodity from the earth’s crust. The energy commodity’s price action has been equally volatile since the CME’s NYMEX division rolled out futures contracts over three decades ago in 1990. Natural gas probes above the $5 level- a nearly eight-year high Heat and storms have been bullish LNG demand is...
Trend Analysis The main view of this trade idea is on the 15-Min Chart. The consolidation in Brent Crude Oil over the last couple of days has produced 2 chart pattern setups, a Rectangle as well as a Reverse Head and Shoulders. Resistance for the Rectangle is around the 72.50 price level while support is seen at the 70.85 price level, which is also the Head of...
Hello traders and investors! Today we will talk about natural gas, its price action from technical point of view and wave structure from Elliott Wave perspective. As you can see, natural gas is in the downtrend and we are tracking a big weekly A-B-C decline, where wave C is in progress since 2008 and it looks like a big ending diagonal (wedge) pattern. Ending...
Hello traders and investors! Today we will talk about energies, specifically Crude oil and Natural gas in which we see interesting developments. As you can see, both oil and gas are in tight positive correlation as energies are in recovery mode, but a rise looks corrective. Oil has slow, choppy and overlapped W-X-Y complex wave structure, while gas has A-B-C...
Consolidation since June 20th. Call it rounding bottom, inverted multiple/complex head and shoulders or perhaps a cup and handle bottom but the idea is the same - BREAK OUT AFTER MONTHS OF CONSOLIDATION Entry 7.17 Stop loss 6.55 Take profit 9.38 Adjust position size according to risk appetite Comments or cheers will be appreciated
Massive SHORT! T-Bills alone *** will *** outperform the SP500 by an annual +4.5%, starting right around here. That's about the size of that much heralded "economic recovery".
Firstly, please support our work by clicking like button & or following! These really assist us to reach more investors & traders like you! The opportunity for bulls to jump into the market as prices take-off from an ascending channel.
Experimental probability of breaking 13/07/20 high (2.9756) > 80% Expected reward: High (Targets highlighted on chart) Entries: Discount zones highlighted on Chart Note: discount zone are invalid if price broke the high.
Firstly, please support our work by clicking like button & or following! These really assist us to reach more investors & traders like you! Fundamentals give the market its direction, whilst technicals give traders good entry points.
Firstly, please support our work by clicking like button & or following! These really assist us to reach more investors & traders like you! Oil prices are yet to break beyond $45,00 as demand remains subdued. Prices have managed to stabilize above $40,00 per barrel for the past two months. A consolidation is more likely above this region as markets awaits more information.
Firstly, please support our work by clicking like button & or following! These really assist us to reach more investors & traders like you! Natural gas remains upbeat as we head into September, the period were demand for heating energy start to gain momentum. Technically, prices have formed a triangle with no clear indication of were the breakout will head to....
Firstly, please support our work by clicking like button & or following! These really assist us to reach more investors & traders like you! Prices climb towards $43.00 per barrel as optimism around Covid-19 vaccine increases. Prices have remained strong in the Ascending Pitchfork. A break beyond $45.00 will likely trigger a run towards the important price of...