on hourly chart, there's a higher high and higher low pattern which represents a bullish trend. Long!
1. it's at the top area of the wide trading range which is between 29.50 and 26.20. 2. in the short term, it is an ascending triangle. Once it breaks through 29.50-29.65, it is a definite Long signal!
there may be a little bounce this week. but still in a main bearish trend. the target would be the green support line.
SUX might faces a strong resistance allied with another parallel resistance at the area of 8978-898 a week later.
1. Since May 2018 till now, BIDU has experienced 4 "W" pattern, but the former 3 all FAILED! 2. yesterday, its 4th W pattern's right wing almost touched the resistance line again! 3. more importantly, yesterday's candlestick is a Doji Star, which reprecents a incoming reverse! 4. Also, it stands on another resistance line since 29 Oct., strong pressure is...
the angel of the recnet rebound is much sharper and more sentimental than before. $UWT is facing a resistance right now, and the retreat target is 0.382 as marked according to the history.
on 4-hour frame, price is a W bottom pattern. the target area is 2707-2722
1. price surges with a breakout! very bullish! 2. there may be a retracement to test the validation of the support line. Once it's valid, it may go up again!
1. it's at a support area . 2. Once it breaks down, the length of the downtrend would be twice of the length of previous uptrend(it's 12.75 points as shown in the chart), so the length might be around 25 points, between 77 and 78.
The yellow rectangle is a strong support area. 1. Once it's valid,, price may test the upper resistance line again, but i assume it would fail in high possibility. 2. Once the price punches the area, it will test the red support line again. Considering the former idea i've posted which i attach below, the line might be punched the first time since 15 Jan., and...
1. the highlighted grey sections represents the synchronous pace of light oil and natural gas since 2010. 2. Of particular concern, two of them SYNCHRONIZED almost in every JANUARY since 2015 to 2018. 3. 3 weeks ago, since 31 Dec., they synchronized again! 4. the ratio of "CL1!/NG1!" stands below the MA20 and is at a relatively low level. Crossing the MA20...
1. CL1! has ended a 9 days' sideway 2. the bull trend began at the end of the sideway, and quite tight! 3. there may be a little and short-term sideway below 54.22, then surge again to punch the dense resistance area (54.22-54.55) so Long CL1!
the financial report of Q4 is really brilliant. 19 Jan.'s strong pullback was maybe a profit-taking action. it's still in the bull trend.
1. Lower highs and lows 2. lower volumes 3. large pin bar at the recent top = gap must be filled. risk:reward=1:4.46
there are two big pin bar on the weekly chart, strong reversal sign! the area above is still possible, profit:risk=1.72:1
tiny bull trend within a big bull trend. Surge is possible.
all timeframes still show strong bull trend, without any pullback sign. reward:risk=7:1