As we can See that Price has reached in a possible selling zone and can create a possible double Top on a weekly chart. We can also notice that as price is moving up we have a RSI bearish Divergence. We feel that price should continue to trade in a possible Flag Pattern and could go south a little. We also have a good RR of 1:2.5 in this setup. Nice opportunity.....
As you all can see that this pair is in an uptrend already but just seem to have finished its retracement recently as it has broken the channel... It seems that this pair has started resuming its original long term trend ..... Nice opportunity to go long on a Pullback at 1.3000 ..... Trade your Plan and Plan your Trade Guys ......
As you all can see in the chart above ... I see that Crude is making measured moves and Probably current impulse is getting completed at $51.. We can think of sorting it for some retracements or a pull back till $42 ... Please Trade your plan and Plan your trade guys ... Happy Trading ...
As you all know that the Markets always have some Measured moves. You can see that in this chart. I have pointed those moves with arrows. I expect a retracement as a measured move and RSI showing some Bullish Divergence. Also Noticed a possible Double Bottom on 4H chart... Nice RR of 1:2.5... We can go long on this ....