Hey guys, here with another simple one!
Expecting price to retrace into the golden zone within 50% of the Fibonacci.
1. Sell limit order when in Golden Zone, sell is supported by previous support turned resistance.
2. T/P on the 40pip mark to the downside
Thank you!
Happy Trading
V
Notes--> RSI has enough steam to get into the golden zone at any given...
Hey guys, another simple straight forward analysis. With the OPEC deal being pushed till possibly Thursday alongside skepticism on Trump’s intervention.
1. We can see US Dollar continuing to sell off as crude oil increases - at least for today as it respects the trend lines.
2. Set a T.P on the next touch towards the downside.
Thank you :)
Simple straight forward analysis. With the USA cutting down its oil we can expect bullish behavior.
Analysis:
1. NFP will bring down price due to corona virus.
2. When this happens buy at lowest point of NFP and square positions as price continues bullish trend.
Thank you :)
