RSI 200 dips below 50, Stoch 200 dips below 50, You cannot see this on my chart but Price is also below POC on H1 over the last 200 periods, wait for stoch retrace to 50 and enter or use your descretion
so a lower test of the 8400-8500 after a very slow decline from the upper weekly resistance of 9500.
- if we can manage a close above the 8550 on a 4hr -12hr candle i would expect quite a sharp move out of the pattern to
higher levels. 1st area on interest around the 55 ema at 8670. if we can fade the 55 ,200 then 377 id like to see the POC on the volume...
We have 3 contenders of resistance. First the 100 MA, second the 50 MA, third the down trend line from 19th September last week. Short here down to the 2924 level where a lot of volume was accumulated, buyers will defend positions here.
Is the good old Norwegian Krone and Swedish Krona pairing a hidden gem?
Most strategies seem to have pretty good results with the pair,
and on most timeframes
the margin required is fairly small
Yes the spreads can be a little wider than the majors, but I think this is a pair that is definitely worth looking at.
And definitely on worth looking at with the...
Overnight price continued to the downside as noted yesterday. It took out last week Friday's low. In overnight session, it has taken out Asian highs. Today I expect the price to be on upside. Note last trading day of the week, so everyone should be flat by end of the day as you never know what will happen during the long weekend.
By upping their capacity from 60,000 to 90,000 a year plus the excess crude oil that can't be refined from Venezuela partnering with a oil company from Brazil will be what China is waiting for to go a trade war or delay the talks still the us election that way their long time plan is to still intact and the us is sideline because Venezuela will double or triple...