Expecting a big move in Natty!!
Man there are so many good trading opportunities right now. Look at beautiful move by oil. Let's take a look at Natty.
Monthly is finding support at Kijun. Chikou is above price. Macd is crossed down above 0. So far, price failed to break below kijun in a year.
Weekly is putting a sharp reversal as i was expecting. Chikou is pointing higher and macd is crossed up.
In this case, i trade off daily chart only . I posted about XLE few days ago and its on a tear. I was expecting big moves in oil and natty.
Somehow NZDJPY long idea did not publish yesterday. In a nutshell, we may have seen false break to downside on daily and there is a sharp reversal. Keep an eye on it for longs.
Let's see how this one plays out.
Thanks for the read.
Monthly is finding support at Kijun. Chikou is above price. Macd is crossed down above 0. So far, price failed to break below kijun in a year.
Weekly is putting a sharp reversal as i was expecting. Chikou is pointing higher and macd is crossed up.
In this case, i trade off daily chart only . I posted about XLE few days ago and its on a tear. I was expecting big moves in oil and natty.
Somehow NZDJPY long idea did not publish yesterday. In a nutshell, we may have seen false break to downside on daily and there is a sharp reversal. Keep an eye on it for longs.
Let's see how this one plays out.
Thanks for the read.