At current situation we need to wait and see where the market acutely want to goes but i think maybe it will break the down trend and will continue to up
GOLD HAS REACHED AT STRONG SUPPORT LEVEL WE CAN EXPECT IT CAN PULLBACK TO 1496 LEVEL
In last day we saw crossing a strong resistance level of 53:70 and retesting and at last of the day we saw a false breakout now i think it will continue to upside.
OIL WILL GO SHORT TILL 53:30 AS WE ALSO SEE A PIN BAR CANDLE AT H4 TIME FRAME.
WE CAN GO SHORT FOR THIS STOCK BY FOLLOWING OUR TREND
This is my technical based view over the oil market prices
AS WE SEE A ASCENDING PATTERN AT 4H CHART FRAME WE CAN WAIT TO SEE THE BREAKOUT NOTE: ITS JUST A IDEA NOT SIGNAL FOR BUY OR SELL
THE PRICE IS CONFUSING UNDER THE NEUTRAL AREA SO WE HAVE MENTIONED AREA FOR BUY AND SELL TO CREATE A SAFE TRADE.
WE SEE CHART PATTERN AND EXPECT IT GO DOWNWARD WE WILL SELL THE STOCK WHEN PRICE CROSS THE BLOW LINE.
The trend has reached support level and pulled back to go long as its up trend.
as we see a failed H&S pattern so we can enter for long.
I AM SEEING THAT OIL GO FOR SHORT SELL AT : 54.00 STOP LOSS AT : 54.95
IN MY OPINION THE PRICE WILL GO LONG TILL 400 OR MORE.
I EXPECT THAT THE STOCK GOING SHORT AS PER TECHNICAL INDICATORS AND TREND-LINE WE CAN PUT SHORT UNTIL 1.00 SO I THINK IT WILL REACH IN FEW DAYS. ITS GOOD TO BUY BIG NUMBERS OF STOCK IN FEW DOLLARS ALWAYS I LIKE PENNY STOCKS FOR TRADE AND GET A GOOD PROFIT.