Get started

Position

Crude OIL Position Trade Idea Dear Traders, This is a position trade idea looking at the fundamentals of Oil. Consumption of Oil will increase since US opens from 15th of May and other EU countries are also open alongside major Asian economies. Please take this trade on your own risk. This is a position trade idea hence you might have to hold this for a couple of weeks / months. Enter at current market price or wait for a pull back. The current rally of oil prices can have a correction at 50 fib level 26.54 or first support level at 26.87. My Stoploss level is 26.21. If the price breaks out 27.92 level The our Take profit levels would be as follows Tp 1 29.63 Tp 2 32.39 Tp 3 35.15 Dont over leverage your account. If you dont know about Position trading kindly consult a financial advisor. If you want to take my Services message me with you query.Moreover I would really appreciate your comments and feedback on this trade Idea, Best of luck for the trade.
TVC:USOILLong
by kashifali6
1
Silver Some interesting historical data on the price of Silver back from 2002- 2003 similar to what we 've seen happening for the last couple of weeks. Blue line 50 MA Yellow line 100 MA Red line 200 MA time frame weekly Green circle 50 MA 100 MA golden cross on the weekly , Yellow circle 50 MA 200 MA golden cross on the weekly , Similarities with today's price action are that : 1 Back then the price got rejected multiple times from the same resistance line before breaking to the upside , as we've seen happening to the price last week . 2 After the 50 MA 200 MA golden cross occurred price gave two weekly bearish candle sticks before going to the upside . we are currently going through a golden cross between 50 MA and 200 MA on the weekly time frame, We did create a pretty attractive bullish hammer candle on the 4 hour , but I would stay away for now and wait for further confirmation as this correction might have more to give especially after a weekly engulfing candle. Once the golden cross has confirmed that would be a good time to place a long.
TVC:SILVER
by django2
STEEM. A major player is gaining a large position of coins.STEEM / BTC accumulation channel exists for 4.5 months. A huge position is being recruited by a major market player. On the chart we see 3 zones of huge volume. We see long shadows. This means that someone bought in the market the lower sell orders that have accumulated. Then the price was lowered back down so as not to make a false start to growth. Target. There are two options for trading this coin at the moment: 1) The first option . Trade in the accumulation channel in increments of 30-40%. 2) The second option. Entrance during a breakthrough or rollback after a breakthrough of the accumulation channel. The first target + 50% -100% This is only the beginning of the movement if the trend changes from sideways to upward. The potential is more than + 3000%. The coin has fallen in price from the last peak more than 40 times! And these were not peak prices at all for the history of trading. Stop loss Under key support levels during your entry into the market.
by SpartaBTC
3
GBPAUD SHORT POSITIONIf we do see the GBPAUD start to rotate lower from the 1.91500 resistance area, we could have a head and shoulders reversal on our hands. Notice the left shoulder that developed last October. The head of the pending formation was that multi-year high in December. But to call this a head and shoulders pattern, sellers need to secure a daily close below what would be the neckline near 1.8700 or thereabouts. Given the 9000 pip height of the pattern, a close below that 1.87000 area could open the door to the 1.78000 region. Everyone who saw today’s members-only video knows why that 1.78000 area is significant for the pair. Just keep in mind that there are no guarantees. The GBPAUD uptrend is technically still intact, and without a daily close below the neckline, there is no head and shoulders reversal. WATCH IT AND IF IT UNFOLDS DON'T HESITATE.
Short
by alcance4040