


Lion247
Like most commodities traded internationally, oil is in US dollars. A weak dollar therefore supports the prices of these commodities. Open buy position from here!
We have a possible setup for today: SHORT on Nasdaq! entry at 11658 on the 4 hour chart tp: SMA!
We have a possible long setup for NEO, open buy position when it breaks aboven the 0.618 level!
Possible short setup from here: TP 1.96000 ...watch stochastics for confirmation on the 4 hour chart.
EURAUD: taking a short with stoploss above the resistance zone!
possible scenario for today!.....dollar wil fall again, gold & silver will rise! watch the break above this structure to enter a long position
When EURJPY crosses above the 0.618 level we can open a long position to the target point: 127.500
When USDNOK breaks below the structure we can open a nice short setup to the -0.272 fib. level! ...on our watchlist for today!
when price drops in the red zone open short to the SMA line!
if the price drops below the 71.50 we can see a big drop towards the SMA line stoploss 74 tp: 70.75
Possible short position! entry point: 71.590 target: 70.600
NZDCHF has a possible short position from here TP: 0.60600
Look for green candles on the daily SMA for a good long position!
When stochastic confirms the bulls are in! TP: 1.57500
...take a long position @ entry point 1.97700! stoploss 1.97400
We openend a short position talking us to the 50MA on the daily.. TP: 124.000