VIDEO SHOWS MULTIPLE CONFIRMATIONS AND A STOP HUNT PATERN. The last pump was not a move to the upside but actually just a hunt on short sellers and i show why in the video. We need a close above 38,400-700 range with high volume to signal an alert to hunt for a possible long entry. But everyone want's to know how I predicted 38-39K on that massive run from 32,500...
NG almost made contact with the 2.440 level today, which has been the major Support since August 21. So far we have 3 perfect touches on the Support, which alone creates the conditions for a strong rebound. A closer look on the 1D time-frame shows that this pattern resembles the March - June 2020 sequence, when NG also made 3 hits on the Monthly Support. As with...
WTI Oil broke above the 2 month Resistance zone of 41.50 - 41.90 and is fast approaching the 43.80 High of August 26 (chart on the left). Needless to say, it broke above the bearish channel and reached the 43.00 Target as I discussed two days ago on the idea below: How far can this go for the short-term? As the left chart shows (4H time-frame), the MACD...
Calling bottom here...golden zone. generational low... lets see if I am right. I bought ERX at $8.90.
Oil is under pressure since Friday as it got rejected just short of the 41.70 Resistance. However as you see on the right chart (1D time-frame), that formed a Golden Cross, which is typically a bullish formation. Interestingly enough, the price action since the August high resemble that of early March - late May (when Oil formed a Bottom). On the 4H chart,...
Pattern: Channel Up. Signal: (A) Buy if the Lower Highs trend-line breaks (B) Sell if the Channel Up breaks downwards. Target: (A) 43.50 (just below the Resistance) (B) 37.10 (just above the Lower Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins...
Pattern: Megaphone on 4H. Signal: Buy as the price broke below the 4H MA50. Target: 44.00 (Higher High of the Megaphone). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Pattern: Channel Up on 4H. Signal: (A) Bearish as long as the 42.50 Resistance holds, (B) Bullish if it breaks. Target (A) 43.30 (Higher High of the wider Channel Up), (B) 40.50 (just below the 4H MA50 and above the dashed Higher Low trend-line) ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Up on 1D. Signal: Bullish. Target: 42.50 (potential contact with the 1D MA200). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Previous Oil signal:
Pattern: 1-month Channel Up Signal: Bullish once the MACD turns bullish within the Triangle. Potential rebound zone as seen on chart. Target: 2.030 (Resistance 1). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Pattern: Channel Down with underlying Bearish Megaphone on 1D. Signal: (A) Bearish if the price breaks the MA50 (blue line), (B) Bullish if the price breaks above the red Triangle. Target: (A) 1.500 (just above the Support), (B) 2.140 (projected contact with the MA200 (orange line)). Previous successful Buy Signal on Natural Gas:
Stock Symbol: CEI Getting candle cross on weekly, bounce around previous low. This is looking like a shift in momentum to the upside. Accumulation phase Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new...
Pattern: Parabolic rise. Signal: Bullish either if 28.50 breaks (Gap 1) of if the 4H MA50 is tested as a Support (blue trend line). Target: $34.00 (Gap 2). Most recent Oil signal:
Pattern: Channel Down on the 4H chart. Signal: (A) Bearish as long as the 4H MA50 is intact and (B) Bullish if it gets crossed. Target: (A) 15.00 (-40% fall as in the previous Lower Low sequence) and (B) 34.00 (the previous Lower High of the pattern). Previous signal:
Pattern: Channel Down on 1H. Signal: Bullish as the pattern made a Lower Low. Target: 31.30 the current level of the 1H MA50 as per the last Lower High. Previous signal:
Pattern: 1W Descending Triangle. Signal: Bullish as the price rebounded on the 1W Support. Target: 58.00 (Lower High zone of the Descending Triangle).
Pattern: Break out from 1D Channel Up. Signal: Bullish either at the top of the Channel's trend line or where the MA50/200 currently are. Target: 66.00 (below the 1W Resistance).