Wtiusd
USD/JPY BEARISH FOR SHORT TERMHY TRADERS
USD/JPY has reached the period of maturity and will now follow the path of bearish from the point of 114.04 till 113.60 so it will be like 52 pips from this point so traders who are into USD/JPY hopefully you will profit from this particular trade
THANKYOU
YEARNCO
USDWTI D1 - Bullish SetupUSDWTI D1
Change of bias again on WTI, we didn't manage to close south of resistance last week, 5th bullish weekly candle seen.
Additionally, the daily candle looks like a solid break and retest play with a nice daily wick rejection. I feel we could start to rally towards that $90/barrel price in the near future.
USOIL LongHey traders, in this week we are monitoring USOIL for a buying opportunity around 84.5 zone respecting the bullish channel in combination with the positive CAD data and USDCAD descending market and the strong negative correlation between these two pairs, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
OIL Bullish after a nearst retraceOIL mediumterm analysis
Daily RSI is very High, and on divergence. We expect a retest of ema50 daily and after a broke of 90 level.
Target on chart
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
OIL on a bullish trendOIL on a bullish trend
Targets on Chart
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
USDWTI D1 - Short SetupUSDWTI D1
Another bull leg seen here on WTI, pushing in excess of $81/barrel now. Things are looking very good, possible correction wave to be seen before the next push upside.
Looking for rejection and possible short positions from that $85/barrel price. From here we can squeeze a short position hopefully for as much mileage as it offers.
USDCAD H4 - Short SetupUSDCAD H4
Bit of a long-term forecast projection here... However, CAD seems to be gaining in strength due to recent WTI demand. Market correlation right there.
We also have DXY at a key resistance price (weekly/daily resistance), from here we can expect rejections like we have already mentioned, especially after seeing the D1 close break.
Lots of data coming up this week to start the week, but eyes peeled for something like the above. The perks are, we need the break and retest for confirmation purposes. Without this, we can't take the trade, and thus can't lose money...