Hi Folks: I have been scalping instead of holding positions as it looks like volatility at these levels is very high. Today's daily candle shows important rejection from the top so far, but I won't rely yet on a reversal. "Too easy" for bulls to give up at this point when their dreamt triple digits is not that far. They are trying to send prices slightly above...
Hi Folks: Fundamentals are not really good for NG bears due to RUSSIA-UKRAINE-NATO tensions, but it is wort to give it a try a this level at your own risk STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Just a reminder. FOLLOW the trend, don't defy it. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Half way completed. Take some of the profits and leave the rest till the target Adjust your stop loss and peace of mind. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Target was achieved and now we need to see the continuation. Possible inverted HS pattern with bullish outcome could reverse trend. Better wait for some more market movement to decide. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me...
Hi Folks: 1.03 to 1.02 is a powerful buying area, so hope you already placed some buy orders. Target 1.10 in few months (mid to long term investment). STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Since the short call at 1.21 today my target was finally achieved, even though I closed my positions a while ago at 1.119. New short call position at 1.14 and target set at 1.08. Support trendline broken. Possible retest and down. Wonderful profits for those who had taken the call :) STAY SAFE....
Hi Folks: Here's my updated idea on USOIL, but mind that a War between Russia and Ukraine (NATO+EU) would send prices to the sky, so always extremely careful and better to use a proper stop loss to cover your positions. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW...
Hi Folks. Here's my idea on this pair. After hitting the previous target and bouncing a bit from there, we are now going into further correction to 1.09-1.08 area. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Here's an idea for your consideration. Possible target 117+. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Here's an idea for your consideration. I am holding shorts already and planning to add further positions if we keep climbing. A retest of previous high is possible and I would be adding more shorts if that's the case. Stop loss is placed approximately at 1864 but you have to adjust it to your trading strategy, margin and risk exposure based on your...
Hi Folks: Here's an idea that may be of your interest. There are chances that a HS pattern may cause the opposite effect but I hope the ascending channel remains respected and thus the idea may work. I have been generous on this idea with the stop loss area to cover worst scenarios. Below that level would be better to hedge partially or totally depending on your...
Hi Folks. A self explanatory view on this pair for your consideration. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.
Hi Folks: Here's my long term view on this pair, always subject to current geopolitics. Mind that a proxy war in Europe (EU+Nato against Russia) may just do the opposite effect. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue...
Hi Folks: I do not trade cryptos but I like to share my point of view. After failing to bounce from the ascending channel support trendline, BTC has been falling down below 40k mark and it all points to keep going further down to test the 31k level where another possible ascending channel is detected. Current geopolitics makes me thing that chances of bouncing...
Hi Folks: Oil is having a massive rally since we bottomed at 66 area so now we had the beautiful 20 bucks swing that monster money managers like. Could they push higher? Perhaps a little bit more to 89-91 but if you trade SCO or similar ETFs then you will be fine adding more shorts at this point for a nice correction. But always bear in mind the tension in...
Hi Folks: Important resistance hit today. Descending channel upper trendline (red line) has proven so far to be quite strong. Russia - Ukraine conflict may trigger a massive buy orders if something happens there but I hope it doesn't and a diplomatic solution will be found shortly. Until there business as usual and with the rate hikes expected I think this is...
Hi Folks: Current events have sent prices to a fresh high. I believe I am right in basic fundamentals but the attacks from the Houthis to UAE have been one of the main reasons for today's rally. Surprisingly it always happen at the same time, so big fellas are pushing prices higher and higher and we will need to wait till they decide to take profit. The image...