kolioo77 / Blog
There are various methods including moving averages ,trend line,indicators Do they really help to make trades profitable.As Most traders attracts towards it due to its simplicity but not always profitable ,traders always try to implement to make always profit but do not get the success...
As Europe 2nd largest Economy sliding due to in deflation cycle and will take a year to get move in inflation cycle may be for short term ,and news headlines flashing Global crude oil supply gluts ,Now only hopes on China PMI will be positive this week to boost Crude oil prices as oil prices touc...
As EURUSD market sentiment droped after draghi ECb meetings ,possible more bearish ,droping more after ABC corrections, Trader should look for wave C should return below the wave a to comfirm more bearish...
Breakout Upside Range =$49-$46 Possible Crude Rang around $49 -$46 As Buyers Open interest Over after Wave C is low shows the coinciding impulses failed the Buying interest Over $46 ,will return downside if $49 act as a strong resistance...
Looks Elliote Waves A-B-C corrections where Wave C is about to complete Support @ $46.00 . Price Need to break Resistance $49 to move more Upside...
As $ Oil making Elliote wave Flat zig-zag Corrections A-B-C , Currently moving in Wave C ,will take years to complete @ $29...
First trader should look for supply and Demand to predict the price In Currency Supply is considered from Economic Indicators M0 & M1 Money supply rising or droping. Currency Demand when Central banks comments to hike interest rates or rising inflation etc...
As GDP of U.S on at high's but the global economy regarding China ,U...
Crude oil droping amid OPEC trying to buy U.S shale oil market to cut oil production.The Crude Oil key levels below $40 and $20 will act as reversals prices will shoot upside in hopes Global droping economy touched grounds and Demand can boost any time...
After Saudi Arabia Oil minster said the Global Oil Demand will rise in future.The Crude Oil Prices started to accelerate.The Weekly charts shows clearly japanese candlesticks Bullish hammer.More upside we will see in future. 13% fibo target 60.63 23% fibo target 66.50 38% fibo target 78.28...