Jump to content
Sign in to follow this  

Orange Juice - Short term trend forming

Recommended Posts

It seems as if Orange Juice after its recent correction is looking to breakout for its next leg up. I think there is upside until the U.S. Department of Agriculture issue its first forecast for Florida's 2017-18 citrus crop on 12th October 2017. Until then there will be a lot of speculation hitting Orange Juice and it will be extremely volatile so stop losses may get triggered very easily.

 

The best way to enter Orange Juice could be to buy when there is a dip using Oscillators to help you make your trading decision.

 

It could either be a juicy trade or a sour trend assumption!

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      8,056
    • Total Posts
      44,308
    • Total Members
      55,401
    Newest Member
    Sivaram
    Joined 18/02/20 20:57
  • Posts

    • Bitcoin's price behaviour has turned bullish again. $10,199.10 has just been hit. I would love to see Bitcoin cross $12k - $14k and go towards its all time high. I personally feel that Bitcoin is going to correct by around 80% after this current upward move (halving event) and when it does I would like to think I am smart enough to accumulate more physical Bitcoin. I have acquired physical Bitcoin as I think anything less than $10k is a bargain should Bitcoin surpass its all time high of around $20k. 
    • Bitcoin's price is above its 20, 50, 100 and 200 DMA's on the daily. That is the price level for me which it must remain above. The trend is still upwards but when you zoom out of the daily you will see that the longer term trend of downwards is still in tact. Until a reversal in this is seen then the danger remains thus leading to high risk at this moment in time. 
    • For Stellar the psychological price point is $10.00 and for Ripple it is $50.00. The question is now whether both can reach and surpass this price levels?
×
×