Brent crude has broken out to the upside and looking interesting. Have a watch to find out more.
Type : Bearish Continuation Resistance: 85'46 Pivot: 83'76 Support : 82'04 Preferred case: With price expected to reverse off the resistance of the ichimoku cloud, we see a potential bearish continuation from our pivot level of 83'76 which is in line with 50% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 82'04 which is...
On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our 1st resistance at 108.17 where the 61.8% Fibonacci retracement and swing high resistance is to our 1st support at 102.90 in line with the horizontal swing low support. Alternatively, price may break 1st resistance structure and head for 2nd...
I have a bullish outlook for oil in the coming days and expect $ 111 to be $ 118 and then $ 127 to be the next oil targets.
Today, an opening gap appeared on the daily chart of Albemarle; as a result, this offers an opportunity for a simple trade setup. We are currently bearish on Albemarle and expect a complete retracement of the opening gap. Therefore, we would like to set a price target for Alb at 198.44 USD. Illustration 1.01 Albemarle opened up almost 7%. Technical analysis...
For my idea I use my Script "ROAD TO DUBAI" (if you want to test it check this link) Nice Short area, however price likely can go up till 110/111$, invalidation for Short position are little above this price. 1HR CHART VWap Overextension exact at Fibonacci top at 110$ White Ema 80 at 105$, near 103.5 great accumulation area MACD and RSI Call for...
In an earlier (longer range) post, Crude to spike over USD150 this time... , Crude oil, energy were already earmarked for an upside spike in the coming weeks to months. Yesterday, due to a EU proposal to have a Russian oil ban including an embargo on crude in six months , it sent prices rocketing over 5% for yesterday. This rise was probably fueled further by...
a quick comparison of INVICTUS ENERGY (ASX:IVZ), PROMINENCE ENERGY (ASX:PRM) and GLOBAL OIL & GAS (ASX:GLV) Brent crude, DJI and SPY added to chart for comparison.
4 confluences below. Breakout of the H4 support. Breakout retest of the descending trendline at 105.00+- Price at the neckline of the double bottom chart pattern Support at the ascending channel. Let the price come to you first for better risk and reward RR. good luck.
SILVER - A strong mean reversion set up on weekly TF. Commodity traders can buy here. SL Here is 22.
Crude following along pretty well, from my many updates entering the next leg down to complete the Y wave of this complex double correction. should land around $85 in June. Invalidate the next leg down by breaking out over $115 then that means W3 likely starting towards $170 sooner vs later.
The before-trending line was broken. That means that follow the uptrending. The squeeze and WaveABC confirm that!
OIL - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short OIL Entry Point - 107.51 Stop Loss - 114.59 Take Profit - 96.88 Our Risk - 1% Start protection of your profits from higher levels Please, support our analysis with like and comment! ❤️ Please, support our work with like & comment! ❤️
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Recap: Bitcoin and the US markets are losing steam after rallying for the...
Symmetrical triangle forming in July Crude Oil. This could lead to another up leg in the bull trend
With the important fund, today the market determines its trend. The two important level of $ 1830 and $ 1850 have the ability to change the trend in gold. Loss of support of 1830 and trend line can give a drop to the gold market. 👤SecondChanceCrypto 📅04.May .22 ⚠️(DYOR) Thanks for your Likes and Comments
CL today is going down to. this is not advice for investing and this is a short position. best lock