WTI Oil Futures hit below zero over night but have recovered to $20 will this be a catalyst for a stock market sell off? If so look for safe havens to push long especially against oil producers. This is already happening but whether it continues is the big unknown.
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
-Norwegian Central Bank stated would step in to FX markets if drop in Norwegian Krone dropped more. -Providing support. -At the same time oversold on the RSI and general sell down. Looking like a bounce.
-Norwegian Central Bank came out stating will intervene in the FX markets during the NOKSEK drop. -Held up by this support. -Plus oversold on RSI level. -This should go up near term.
H1: Entry range 1.05325 to 1.05325, target 1.04952 H4: Entry range 1.05264 to 1.05917, target 1.04455
ID: F139018448 Trade idea from our algorithmic system. ---------- Chart Drawings ---------- Blue Dotted Line: Broken Support Trendline Red Dotted Line: Broken Resistance Trendline Blue Solid Line: Support Trendline Red Solid Line: Resistance Trendline Blue Rectangle Box: Support Level Red Rectangle Box: Resistance Level Blue Arrow Line: Bullish Divergence Red...
Hi, everyone! FOREXCOM:NOKSEK is near a very hard resistance, and just re-tested 1 broken trend line and a resistance level, and now going down! SELL TP(1): 1.05350 TP(2): 1.03240 TP(3): 1.00 SL: 1.0715 Those are long term targets Don't forget the risk management And Don't forget to leave a LIKE :) #KeepGreen Good luck
Possible failure to gain on NOKSEK also showing bear divergence on the daily. Targeting support in cyan. Trade Safe!
Looking at the chart, we can see a potential sell area between: 1.07683 / 1.06777, with a SL above: 1.07683 and a TP#1 area between 1.02801 / 1.01963 where I recommend closing 50% of your initial tradesize to give the TP#2 area "air to breave" and give you potentially more gains in the area between: 1.01041 / 0.99697 Follow if you like this ideas! check out my...