broken rising pendant
OIL DIED today
Q1 earnings reports
no optimistic headlines can save the dow from a second dump
lovely when technicals and fundamentals align
Expect impulsive bullish price action after being squeezed for days and now breaking the falling wedge
up to the 30s we go GREAT R:R
while everyone is yelling short we enter buys.
thank me later
Fundamental confluence too as Donald rump mentioned putting pressure off of Russia with too low oil prices.
NJ was in a box for a few weeks, now the previous daily candle has broken it cleanly, it has gone up to retest the range so we short it, simple technicals with good risk to reward no need to complicate things
STRONG bullish uptrend (so bullish bias is favoured)
Bullish flag formed
perfect touch of 0.382 fib
daily support double tapped/ double bottom
Trump just signed an anti china legislation with the Hong Kong protesters (tech and fundamentals line up)
AUDUSD has found resistance on the daily with clear bearish momentum, this will continue until the .50 fib and price will impulse to the upside from there
