I expect oil to rise in the next few weeks. On the daily chart we see liquidity (circles) and a very very strong saport at 77.40. I expect oil to start rising from 78.09 or the aforementioned 77.40. At each level I will watch the Order Flow Chart. in case you don't have O.F.CH. so watch the level if the price closes above or below the level it will tell you if the...
My view can be read from the chart. First I see a Buy up to 80.20, then corrections are needed, so I will look for a short position - the first stop is 77.20. There is also a possibility that it will break earlier 79,70 (I hope so :-) )
The AUD will strengthen against the USD, I will count on this idea and buy on the lows. My current thought in the chart. Always follow the direction and follow the trend, managing money is a must for earning, only greed will not allow you to earn, so have fun with greed. I am very grateful to those who strengthen me. At least I have the motivation to share my views.
We will sell in the red TP zone marked with an arrow. Always manage to close your positions with a small TP rather than a negative one... Good luck
Buying stop 0.67000 target I have 0.68400 where I will monitor and manage the position. After reaching the TP, I will look for a sell signal. consider everything carefully before entering the store.