a start for new trend (down trend). (like subscribe & share for more signals)
after a chart study, the price of CL-OIL will normally fall in a few days, but as you can see, I have drawn 2 fields (red and green) which are resistances that the chart will try to break to clarify the Next trend NYMEX:CL1! NYMEX:CL1! , if we break the green resistance it means the start of an uptrend, and if we break the red resistance down, it will be the start...
as you see the target is achieved. the price got to the green resistance. follow and share for live trading signals.
after a study based on the chart in front of you, I assume that the price of NQ1 will continue its downtrend until the horizontal resistance of 12376.25 USD, and if the chart breaks this resistance it is that the price will continue again the downtrend is the red field that I drew for you, as I drew you a second horizontal resistance at 14428.75 USD, that if the...
after a chart study, the price of ZN will continue its downward trend as long as there is still no signal of the end of this trend, however in my opinion this trend will not continue its decline long enough for the market to make a change of trend, because as we see the graph will soon touch a resistance that we traced (the green resistance) that it is a little...