The double bottom chart pattern is still in play from last week’s analysis. What happens if NQ does break below $12,200? Double bottom within double bottom can be seen on the smaller time frames. Technical recap Last week Monday, I stated how we can likely see a rally out of the support zone at $12,352. Read More…
In this article, we discuss why you should choose our funded trading account to maximize profits. 12 Reasons to Choose OneUp Trader’s Funded Trading Account Trading is a complex game, and finding the right funded trader program to launch your career is crucial. The odds are stacked against you, but with the right tools and Read More…
The greenback extended its gains, pushing precious metals lower. India’s January gold imports fell 76% from a year earlier. Peruvian miner Buenaventura resumed activities at its gold and silver Julcani mine. The greenback continued its bullish momentum on Thursday, resulting in bearish price action for commodities. Precious metals hit new lows after Cleveland Fed President Read More…
Analyzing the different entry zone spoke of last week and if they are still available. Looking at the erratic price action of RTY and why. RTY retraces into buy zone Last week, I mentioned two zones where we could look at initiating long positions. At the time of writing that article, RTY was trading at Read More…
There are expectations of a strong recovery in gasoline consumption in top oil consumer China. China will make up over half of the increase in global oil consumption in 2023. US crude oil inventories went up by 16.3 million barrels last week. Oil prices increased in Thursday’s Asian session after facing a retreat on Wednesday. Read More…
Why I see gold moving lower and how we can take positions if that does occur. An incredibly interesting story about a gold trader Nick Leeson. Looking at the pullback again Last time we looked at GC, we were waiting for a potential long entry using a bullish reversal pattern on a lower time frame. Read More…
