phillo
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Everything posted by phillo
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Hope the arrows explain
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I'm not quite as "Bullish" as you @Mercury, but agree the upside has potential at the moment. The pink area above is a short term target, with that white 50% fib level a "Bulls Eye"
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looking at that spike down, that may have been a bear trap to gain liquidity for a short squeeze higher, we'll see. Just considering the options #Tradewhatyousee
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Chart shows price now breaking above the 150EMA & moving up through the downward trend lines =positive. However, it is leaving an overnight gap, which I never, personally, like to see. I would have preferred a gap down & then a rally
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brent
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channel break - blue zone = support
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Blue zone should offer some support in my opinion
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several touches, see if it holds..................................
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short term range - testing either side -
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yep, downtrend continuing
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update
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oh look at this
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DJIA update of earlier chart
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maybe there's more in this one
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I've often found the US Markets like to put in highs & lows during it's own session. Well we've taken out the high, surely the low is unthinkable, or is it ? ( excuse the "squashed up" chart )
