This is my longer term hold trade targets at 122.300 and 117.500, will we see these, they've done very well thus far.
Continued downside, with movement away from the trend line. Here's my thoughts on this, looking for a return to the trend line around the 136.500/136.800, and then continued movement downwards.
It been a great few weeks trading this one, especially late Thursday evening and Friday morning of last week then selling out on Monday awaiting a bounce/pullback, which i feel we have now seen. I've opened up my shorts again here as i believe we were just filling this gap. Overall i have had a longer term target of 122/120, followed at 117 area, and that days...
Took the long side on the opening gap of the other day, Sunday evening opening, and exited today, handsome profit for a few days trading. I've now started on scaling in on the short side.
Short opened at 41.48 targeting 38.28 area. Looking for a move below the 50ema and possibly add to this position. SL 42.10. Dashed blue lines being my support levels.
Trade still intact and doing nicely to the downside. The 1200 area is a level of great support, with 1170 having been my longer term major support and preferred exit area, then we should see a reversal to the upside. Looking at this chart this target area would now look more likely to be within the 1186-1185 area. I have moved all my stops to the 1230, and...
Bear flag, looking to add to this short on a break of the TL. Target remains the same at 8.3- 8.0 area.
Support at the 1247 to 1237 area. Should hold support on the downward blue line, break below that and then i see it back into the 1217 to 1208 area. Break above 1270 - 1272 then we may see 1300
Closed the week below 1.450 level. Possible pull back to the blue area at 1.423 - 1.415, then looking to target to the upside into the red area at 1.46 - 1.47.
Should WTI continue to advance then continued pressure to the downside here, target remains the same at the 8.0 - 8.03 area
This one is working out just fine. Entry level short taken at 8.548 level, and i was looking to scale further in on a pull back to the 8.60 / 8.65 area, but just picked up and dropped with the price of oil. If only all your trades could go like that! Now looking at a possible retrace back to the Blue Dash Line = previous support, where I plan to open a further...
Using HA. Pair to keep on your radar and one to watch. Based on higher crude prices will have an effect on the USD/NOK. I'm looking at entering shorts at the 8ema/21ema crossover. But it must stay below the 8.7 level to be valid. potential target at 8.0 level.
Updated chart, little price action yesterday, but price respecting the red dashed line. I'm now looking for this to show continued downward movement and pierce through that 1223.5 red line, this would give me confirmation of a continued move lower. A break above the red dash line may see upward movement and retest the solid purple line.
Missed this, updated with initial price target at the 1223.5 level, see chart.
As anticipated, nice break of Fridays trend line. Chart updated, if we can stay below the red dashed line then i expect continued downward movement.