Hey traders, here is a brief technical outlook of 4 peculiar instruments on my watch list.
1️⃣ WTI Crude Oil - Daily time frame 🛢️
The market is steadily growing within a rising parallel channel. The price is coiling around its resistance for the last two weeks. I assume that we will see a retracement from that soon. Be prepared.
2️⃣ USDJPY - Daily time frame 🇺🇸🇯🇵
The market is very close to current highs. If we break and close above them again, it may lead to a further bullish trend continuation to new highs.
3️⃣ BITCOIN - Daily time frame ₿
The market is steadily growing within a rising wedge pattern. As I predicted the price nicely bounced from its support. I assume that btc will keep growing and will retest a local high soon.
4️⃣ AUDUSD - 12 hours time frame 🇦🇺🇺🇸
The marker has recently reached a key daily resistance. To catch a bearish movement from that watch a rising parallel channel on 12H time frame. Its support breakout will be your confirmation to short.
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