TraderOfSwag

TraderOfSwag Updated 

NATGAS is at a daily chart support, we want to see it try to find 3.000's again so a ABCD pattern may be happening soon. I am entering a LONG position and chase this reversal.

TraderOfSwag Updated 

GOLD has reached a major resistance point on the daily chart. Plus I have identified a triangle is starting to form maybe because GOLD will consolidate before taking another big move. We are entering a SHORT position aiming to the bottom line of that triangle with the SL set just above the prior high.

TraderOfSwag Updated 

We have seen a collapse in all indices, we have an overpriced Euro and USD ($DXY) is showing a strong reversal pattern. Our target is 91.70 while SL is just below the support line we drew in the chart.

TraderOfSwag Updated 

Crude Oil (WTI) Looks bearish. We have confirmation on the daily chart with RSI being below 70, We have a double-top pattern on 4H and fundamentals are becoming bearish as Russia might leave OPEC treaty soon. SL set at 66.66, targets are marked with dotted lines. (This is not a trading advise) Good Luck

TraderOfSwag Updated 

Price of Crude Oil (WTI) has gone too far without an important retracement. As speculations and news are no longer a factor. I expect 62.5 to be a major resistance so we are entering a short position once we confirm RSI below 70 on the daily chart aiming for a 58.5 level and perhaps lower. I think we have reached a crucial point, let's stay close on this move.

TraderOfSwag

WTI got it's uptrend broken and a new bearish channel is starting to show. We must watch for that 58.50 level, if Crude Oil cannot pass that point, we are entering a short position looking back to 54.30 on a first target. We also got a nice resistance that supports my theory.

TraderOfSwag Updated 

WTI looks like is rejecting a new high, it seems like it is going down to 56.20; We are identifying that it is still inside a bearish channel but we have also a wedge so it may be breaking this channel soon to make a huge move (it can be either up or down) We are entering a Short position but with a close follow-up since it can go up anytime.

TraderOfSwag Updated 

WTI (Crude Oil) missed to get a new higher high and it looks like it has entered a bearish channel with target at 54. We are waiting for it to develop, if it goes up to 58.50 it may be regaining a bullish movement.

TraderOfSwag Updated 

Oil moved upwards all week long so it must breathe a little bit. As it was because of speculation, we calculate it will go down to at least to 54. We set some supports as reference, price may reach down to 50 but strength of this movement should be measured. We are placing long positions on short term and short positions on long term (our LOSSOL move...

TraderOfSwag

Look for a ABCD pattern