How To Make Money Today: WTI CRUDE OIL Daily Market Analysis and Forex Trading Signals 12 April 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
On the H4, prices are on bearish momentum and abiding by a descending trendline. We see the potential for a dip from our 1st resistance at 98.64 in line with 78.6% Fibonacci Projection towards our 1st support at 92.93 in line with graphical swing low and 161.8% Fibonacci projection. Alternatively, price may break 1st resistance and head for 2nd resistance at 100.58 in line with the 100% Fibonacci Projection.
Areas of consideration:
- H4 time frame, 1st resistance of 98.64
- H4 time frame, 1st support of 92.93
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