Overall picture points a third touch on the weekly ascending trend line. looking at price action for breaches to hit weekly retest levels.
I see price heading to 7200 zone before a major break out to the upside in 2019. for now a 180 point target with 0.5% risk exposure for a 1:2 ratio.
My 2 cents on this pair. I took a long position on this pair a couple of months ago where my first take profit was achieved. my second entry was however closed at break even and then price rallied targets lol... anyways... with ZXY index currently over bought I will be looking to take a sell on this pair with targets shown as below. once we it first take profit ...
Loooks like oil is about to do something extra ordinary soon. but who knows..anything can happen.
with my previous analysis playing out as expecting including Heating Oil, I am seeing some shift in the dynamics of this black gold.
technically we have seen some break of key break outs in the high time frame lines.
this is a key level and looking to see if a ...
- Daily price currently shown as over sold with psi on an extended supply.
- we should see a little more down side.
- expecting price to currently hold at 166599 demand levels where weekly break and and retest of TL shows.
-looking for long positions around these levels with targets holding strong at 35% fib levels winning up with the supply zones of the 171370 ...
Here we have copper where we have seen some major moves for the last few months. the analysis below is a long term analysis.
- monthly wedge broken and retested back in December 2016
- price over all is in an ascending channel
- price has hit the mid range supple levels where we have seen retracements back it up to 50 %.
- currently monitoring price action ...
previously went short on this and still am. have 2 positions in this trade at the moment. I was expecting an ABCD patters on the overall picture but realised the inner head and shoulder is also about to play out. looking at charts we see the inner right shoulder forming and also lining up with the left shoulder on supply zones confluent with 61.8% levels where ...
With oil fiasco all around, heating oil has a very strong correlation with crude oil. technically price at 61.8% supply levels. currently awaiting a drop from current levels to demand levels of 21.00 handle
low consumer sentiments
sanctions, mid range between 75 and 64. next price level for this is demand levels around 64-65 lining up with 38% levels. oil stocks gradually climbing up globally. patience will pay off.
CURRENTLY WAITING FOR A PUSH UP . WITH DXY FALLING AND OPTIMISM ON A BRXIT DEAL I SEE THE GBP RISING UP WHICH TO MER PERSONALLY I SEE THAT AS A SETUP FOR A CATASTROPHIC EVENT. I COULD BE WRONG BUT I SEE THE CRACS.... HOWEVER ITS BEEN A CREAK WEEK WITH PREVIOUS POSTS ON CADJPY HITTING TARGETS AS EXPECTED AND USDJPY HITTING FIRST TARGET LEVELS.
NOW ITS STAY ...