I am bullish on energy. Cut the noise and look at price!!!
Hey guys
Let's take a look at XLE. It is an energy etf. I look at all major sectors on weekend just to see the bigger picture. Weekdays i only focus on my pairs.
Monthly: Kijun holding as support and macd may reverse next month. So, far we only have a reversal candle.If chikou can get above price, that can bring more acceleration. It is neutal picture as of now with bullish bias.
Weekly: Price is above Tenkan and Kijun. Those two lines will be potential support zone going forward. Macd is crossed up.
Daily: Bullish. Currently it is consolidating with macd crossed down. Chikou is above price .
I like buying dips on it. Alternatively, you can look at oil and natural gas. Natty is also a beautiful chart . I will post in a bit. Thought to share.
Thanks for the read.
Let's take a look at XLE. It is an energy etf. I look at all major sectors on weekend just to see the bigger picture. Weekdays i only focus on my pairs.
Monthly: Kijun holding as support and macd may reverse next month. So, far we only have a reversal candle.If chikou can get above price, that can bring more acceleration. It is neutal picture as of now with bullish bias.
Weekly: Price is above Tenkan and Kijun. Those two lines will be potential support zone going forward. Macd is crossed up.
Daily: Bullish. Currently it is consolidating with macd crossed down. Chikou is above price .
I like buying dips on it. Alternatively, you can look at oil and natural gas. Natty is also a beautiful chart . I will post in a bit. Thought to share.
Thanks for the read.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.