USOIL 61.34 - 1.68 % * OVERALL VIEW PRICE ACTION & DIRECTIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USOIL FROM A MONTHLY CHART TO DETERMINE OVERALL VIEW ON THE ENERGY AND POSSIBLE DIRECTION LONG TERM.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Overviewweekly
GBPUSD showing Signs of Exhaustion GBPUSD appears to be losing steam. It is in a clear uptrend without a doubt, but over the next few days we could see it slide back down to retest the support level and the lower trend line. If the lower trend line is broken, we could see this retest the September of 2017 resistance level (lowest support level drawn on the chart). In September of 2017 a major resistance level was formed and it appears price is headed back down to this level which will now act as support. I hope that's not confusing, but you can see the support level drawn on the daily chart. If you zoom out, you will see that this level was resistance back in 2017.
Overview: Bitcoin is so Bullish for long-term!!!That is my model of what Bitcoin there do in the future.
We found up 3 resistance keys to reach up, and that resistance could be a correction while the Bitcoin trend is continue bullish, many altcoin could to experiment to a climbs of the price. Now, we could see a Bitcoin price so near of $29,000 USD in the future.
Now, I will going to updated my technical analysis of Bitcoin as I updated my AUD/USD and USD/CAD, both pars of Forex.