As our previous post indicated 4 weeks ago, we went short EU with a target of the 2023 close and bam right on time we hit our target. We closed 3/4 of the position and will let the rest ride until we see a turn around. Hope everyone got in on the original idea!
With tons of news this week and resistance holding strong, GBP weekly showing downside as we seem to be exiting momentum to the upside. Traders might watch for potential crossovers, where shorter-term moving averages cross below longer-term moving averages, as potential entry or exit points.
Regardless of the analysis, it's crucial to implement proper risk...
Our EUR short trade from the weekly levels is working perfectly. Heading right towards our target of the 2023 open price. With the amount of news this week, we could see this hit the target this week or take a massive pump if news is good. Intermediate target of 1.07561 prior to 2023 open target. Let us know your thoughts!
Eur still heading down after some good and bad news. We are riding this short until 1st target of the .382 retracement level. Will take half off and leave the rest for our final target of the 2023 open price as shown by the yellow circle!
Posted this idea yesterday with all my EUR levels for the weekly chart. Perfect rejection for a short and now we are in deep money. Next stop should be the smoothed 200 MA around 1.08000.
Tracking this coil in #oil . . . breakout pending
Initial resistance at 75.35. A topside breach would expose a run towards the Fibonacci confluence near 77.72-78.13- look for a larger reaction there IF reached.
Monthly open support at 71.33 with a break / close below 69.84 ultimately needed to mark downtrend resumption
BLACKBULL:WTI Daily Chart
