Juice
OJ Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for OJ is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 2.1151, where the 100% Fibonacci projection line and 23.6% Fibonacci line is. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where the 50% and 61.8% Fibonacci line are.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Orange Juice Potential For Bearish DropOn the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where the 50% and 61.8% Fibonacci lines are.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Orange Juice Potential For Bearish DropOn the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where the 50% and 61.8% Fibonacci lines are.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
OJ Potential For Bearish ContinuationOn the H4 chart, the overall bias for OJ is bearish . To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are. Stop loss will be at 2.2944, where the previous swing high is. Take profit will be at 1.9053, where the 50% and 61.8% Fibonacci lines are.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Orange Juice Potential For Bearish DropOn the H4 chart, the overall bias for OJ is bearish. To add confluence to this, price is crossing the Ichimoku cloud which indicates a bearish market. Looking for an immediate sell entry at 2.1151, where the 23.6% Fibonacci line and 100% Fibonacci projection line are located. Stop loss will be set at 2.2944, where the previous swing high is located. I am looking to take profit at 1.9053, where the 50% and 61.8% Fibonacci lines are located.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Orange Juice heading towards a clear resistance OJ is moving in a channel up movement and unstoppable in the past few weeks.
It looks like it's moving to the resistance at the level 169, 170 level which is both historical horizontal resistance and channel upper boundary.
Channel boundaries have worked reliably in the past to dictate the movement, and I am hoping it will be the case at 170. In the long run, I still think OJ is moving to the 220 region which is the ultimate test and massive historic resistance.
INVERSE HEAD AND SHOULDERS (VALID OR INVALID)what really makes a head and shoulders to someone ?
does it have to look like the ones you see in the example, (subjective still right ?), go to daily chart for better perspective , when things look muddy always go higher.
SET P.As at reasonable places consider price retests before breakout )as it does , if breakout achieved (anticipate retest of broken line)
Orange Juice could get tasty over 110 Price LevelThere is a possible 3-Wave Move up coming. We have seen a 3-Wave move down I am expecting the whole Market to be corrective so I am only counting bigger 3-Waves. We can see in the COT DATA that the Commercials are strong on the Long side and we have come down to a technical Zone on the Weekly. A long position could be taken once we break the 110 Level to the Upside. Further we could see price Level Spikes because of Hurrican Season in in the South US, therefore Commercials should stay on the Long Side to hedge against harvest damage. This would be a seasonal position as markt with the Chance Risk ratio but of course this trade could also be played more short term with a tighter stop and just the end of the expected B Wave as target.
Orange Juice Idea Long JO1!Hi there ! The recent analysis is for Orange Juice JO1!, the most underestimated commodity i think because of low demand. As you see at the daily diagram a possible breakout is ahead the first possible resistance is at the price level of 106,8$ and the second target upward is 110,4$. This buy signal is possibly corfirmed also by Fisher transformation which tends to bouce to 1s above the mean of Gaussian bell. ADX also confirms that signal.
Hope you found this usefull.
This is not an investment advice. Invest with safety.
XLNX a leader making new highsXLNX is gaining in a volatile tape. The co. guided higher last quarter. Look for higher prices into year end.
Orange Juice - At critical levelI am going to wait for a signal to short this. This has been an incredibly powerful bull run. As you could see, OJ runs with force when it trends, so it's a very difficult market to capture unless you're way ahead.
Ultimately, level 3 should be established at some point and OJ will probably create a new range above 200. For now let's look at the signals and short this if we can.
Orange Juice: Intermediate Top OJ prices have gone up significantly very quickly since El Niño - probably the most among all commodities. Notice, last week price broke minor two month trend line followed by a .618 retracement into the trend line.
Below is a chart showing extreme lows in the US Dollar against orange juice prices. My yellow indicator at the bottom must correspond with price in the purple rectangle. We have that now.
Chart below shows the key levels OJ is up against (purple boxes). Additionally, a momentum shift may be coming (see blue line on the bottom). Price will likely be challenged here. If not, they will explode higher, but I think it will be short lived if they actually do. Probability is certainly on our side for price getting challenged.