Hello traders, USOIL has been bearish since early of April. It got one week correction and turn down to drop hardly again last week. On the left weekly chart, last week Strong bearish candle cross EMAS down to a new low. This is a weekly bearish signal for us. On the right 4H chart, seems like it stops dropping by reaching FIBO EXT 1.27-1.414 support zone....
Hello traders, GOLD is facing a wide side way price action at the end of the strong weekly uptrend leg. On this left weekly chart, price could start to rise again with the support of EMA and retest weekly pressure zone. On the 4h chart, gold has start a new leg up since yesterday and now is sideways price action above 4H EMAS, this could be a chance to join...
Hello traders, GOLD is making us so so so impressed. This is a non-stop trend that is going to reach 2400 very soon. On this daily chart, GOLD has reached FIBO EXT 1.618 already. The new trend line is possible to be retest before it rallies up again to test FIBO EXT 2.0, 2407 on the top. GOOD LUCK ON THIS TREND . LESS IS MORE!
Hello traders, USOIL is still on a smiling curve. No worry about the trend as the middle east conflict is still ongoing. Looking for a new swing up to test weekly structure in the next few weeks. Price could speed up to rise after a small correction down to test weekly EMAS on this chart. GOOD LUCK! LESS IS MORE!
Hello traders, Gold has made a new high in history. Now it is continuing sideways price action before next move. On weekly chart, last week small body candle just a sign for sideways price action not for weekly correction. On daily chart, gold is now getting support from the EMAS and will possibly make a mid-term sideway price action before new move. New Fed...
Hello traders, USOIL looks really nice weekly chart for mid-term longing traders. On weekly chart, it has finished a new bullish candle, and all last few week's candles are standing above EMAS. All bullish signals for OIL. On daily chart, oil has made a bullish daily morning star las week. After that, it continues -rising up to test Fibo Ext1.27-1.414...
Hello traders, CPI is coming on US Tuesday. Any wish for gold's making a new high again is possible. But after such a long-time rising from the bottom since mid-Feb, it is very possible for gold making a fake signal for buyers or bearish signal after making a new high with CPI and turn down for a deep correction. GOOD LUCK ON THIS PLAN THIS WEEK. LESS IS MORE!
Hello traders, In the last few weeks, USOIL is continuing to rise from the bottom and making a bottom reversal smiling curve. Now it is facing some troubles. It finished a bearish candle last week on weekly chart which make it slowing down to rise. Once usoil down to test these levels, on weekly chart it will surpass the EMAS and looks like a weekly sideways...
Hello traders, USOIL finally make a fake signal for buyers. The flat uptrend channel looks good to stress oil for making a new high before a correction. The fake breaking through signal last trading days on 4h chart sending us a signal that it will turn down for a new swing down first. GOOD LUCK ON THIS SELLING PLAN. LESS IS MORE!
Hello traders, GOLD is finally sending us a clear signal that it is making a uptrend channel on 4h chart and the bull trend will not turn down easily before it reaches a new high in 2024. While dollars still bearish even though it broke through a downtrend line on 4h chart. It looks bearish again very soon. Perfect for this pairs, looks opposite as usual. GOOD...
Hello traders, GOLD is not good for bearish side traders last week. It kept running down sideways price action which looks like a flag on 4H chart, and then rallied up again on LAST FRIDAY to finish those flag corrective price action. But all these looks like the final move for bull to me. Check the left weekly chart, as long as Gold still not breaking through...
Hello traders, Last week, USOIL did not break through the weekly structure. Does it mean this smile curve fail? Not exactly, it looks like a longer time and wider space for USOIL to sideway move in at the bottom. Check this left weekly chart for details. In the 4H right chart, USOIL is making a bearish 4H top again, so it could be safer to follow this 4H bear...
Hello traders, GOLD is bullish on 4H chart since last Friday even though CPI AND PPI are both high for US. But check on this right weekly chart, GOLD is still running inside the downtrend channel and could make a new low after retesting the upper line of the channel. So go back to check on left 4H chart, we are now looking for a entry position to sell gold...
Hello traders, USOIL is looking good to make a bullish curve on weekly chart. This is good for traders with long-term bullish view. For next trading week, I would prefer to find opportunity to buy usoil with trading signal on 1h chart in LD and NY session. GOOD LUCK WITH THIS PLAN. LESS IS MORE!
Hello traders, USOIL is getting more and more bullish NOW. Check on this weekly chart, all price action is above the support line. And last week, usoil has finished with a strong bullish candlestick and price positions are all above EMAs on weekly chart. Try not to short USOIL this week, and follow the new trend just start, you could get more than you can...
Hello traders, GOLD is on still possible be bearish this week based on these reasons: 1. Broken weekly trend line 2.Bearish Top 3. Corrective wave (bearish) down to weekly support zone in a flat uptrend channel. GOOD LUCK! LESS IS MORE!
Hello traders, USOIL on weekly chart looks like about to break through up to finish bottom sideways price action. On 4H chart, it has just finished a leg up to break through the big triangle's pressure line and test the horizontal pressure line once. This should be good news for buyers of USOIL this week, meaning more and more buyers could probably join the...
Hello traders, On weekly chart, GOLD has started a dropping leg after double retesting 2070 since early Jan. It is bearish look on weekly chart as it is getting lower price position beneath EMAS. On the 4h chart, we can use the downtrend channel to follow gold's bearish swing one by one. The red one should be the focus one for now. It just starts Wave Red B on...