This is part 2. On weekly basis. Look at the divergence here. Prices has falling since 2014, many oil corporations are having difficulty. Presenting lower profits and so on. Rig counts are falling dramactly in US. That can press oil prices up since more oil rigs are shouting down. I think many of you already are aware of the fundamentals on oil, so there is no...
This is part one (1) of two analyses. This is of course on daily basis. You should pay attention to the number 2 on indicator and on graph. The price where took a lower low but MACD took a higher low. A positive divergens. What to expect? Saudi Arabia will only free oil production if Iran joins. This fundamental news puts pressure on oil. It is likely we will...
This is written in swedish. This charts shows all of the Federal Reserves increase and decrease on funds rate. Each bubble has their respective dates and basis points. All data är collected from Feds website. The green one are rate hikes The red ones are rate decrases. The purple one are the 9/11 and banks crash in 2008.
Please add some constructive feedback :) Have a nice sunday! See you tomorrow!
Please take a look at the chart. I would love to have som feedback on this! :) Kind regards
Seems to me that everybody seems to be somehow chocked over the latest down move on gold. Well, if you look at it whit another perspective it seems clearer. Is gold setting up a possible bullish butterfly setup?
God morning fellow traders! Last time it reached this level was 2014-01-24! Its a f**king great day! What we have is a hammer with a very long tail, indicating a strong momentum on the bulls. Today we have a bullish move. This such a move that every body at the trading desk is waiting for! So i will do 3 trades today only on AUDUSD. I will buy either later...
A bearish butterfly on 15 min chart. Look at the momentum inn the bearish engulfing at the top
There is a pinbar spotted as well, I have enter long here until a see a reversal sign. Kind regards TheBull
Wait for it to close under the pinbar. It is possible to enter short in middle of the candlestick under the pinbar. Depends on how the bulls react.
Possible quick trade here.. Wait for it to close under the pinbar to go short.
I have enter on this. But i think that the market will probably enter a range market after a retracement.
Look how beautiful the market is showing us its intention.
A potential bearish butterfly is forming, wait for C to establish.
A potential bearish butterfly is forming. C must be confirmed. Wait for further conformation.