Taking some positon with EQT that have a potential to breakout. Watchout NATGAS companies.
slightly on an uptrend on an over-all Uptrend, The slight uptrend is currently weak and no momentum to climb more, thus Buying @74.00 or below is a test buy zone.
with a strong Dollar, I can still see the Gold to be on a downtrend for this coming week and may hit @ 1792.00 level if the Trend continues. and bounce back to 1809 level.
My current trading set up for WTI OIL, slight incline on a uptrend still buying below 76.00 level and Selling if it reach the &8.00 level for the meantime.
BTC Form a Hidden Bullish Divergence that resulted to a bullish momentum. Next target will be 26,000 level. Expect minor pullback prior to target Price. I will short and then Long for this.
Google is still on uptrend and on the BUY and still on top of the cloud. still a good target @108.00 level for Alphabet.
FOR 4days OIL trading remains on a neutral position. Waiting for next week movement before making a position, for now I remain on my neutral position.
DXY is slowly moving on an uptrend, and it is projected togo on uptrend. Next target @106.00 level
After test BUY @ 72.50 expect a roguh road ahead, expect for short selling while going UP, wiat for a minor retracement before Re-entry. Advance congratulations to all my followers.
WTI OIL is still on a bearish move after what happen last week, expect for OIl to rebound this week with critical area on the 72.50 and 70.25 (Strong BUY for me) . For Now, I just need to wait mo for the crossing of my Stoch prior to my entry again.
For Gold for this week, waiting for the crossing of the Tenkan-Sen(9) and Kijun-sen(26) this week., Upon crossing expect sideways or a reversal trend to happen. Likewise Be particular on the Bearish ENGULFING happen last Thursday candlestick. Expect more Short Selling this week as the candle was to big to ignore. Let me know your idea and comment below.
After FED decision, GOLD continues to go up targeting the next FIBO level. 1964.00. After this is trend continues if will start to break the previous all-time-high. Before entering the SELL position make sure that the RSI breaks the trendline for conviction of your entry. As of now, manage every position in GOLD. Will not put addition position until it retrace back.
As Oil breaks a little bit of the current trendline,BUY can now set their BUY position prior to OPEC meeting. Set your BUY when DIP happen.
TESLA is slowly moving upward, still waiting ofr 3 MA to crossed fo a clear entry.
This is my sentiment on GOLD now. Gold is playing on range, with so much attention given to FED decision we will see Gold to be much volatile after. Based on Fibo, price could drop up to 1871.00 level and go up to the 1954.00 level. For now, no trade (or trade in a small lot) just be vigilant and pay attn to the Price Action. Nothing to hurry on. If you can...
With the current price, still waiting for another Buying Opportunity for OIL. Still, need to come down before FED meeting. I will stick with my indicators for the proper timing.
My current sentiment on WTI Crude Oil, the trend remains on Uptrend, willing to BUY on 76.50 level. SELL ON 85.00 level if reach.
Bullish Momentum on APPLE, If retrace my BUY Entry will be 142.00 level, Using FIBO extension I set-up my TPs (TP1-TP4). Let see what will happen this week on APPLE.