I woke up this morning at 03.45 am, my wife awakened me to eat sahur for fasting, then I did something like usual, open the trading platform, and monitor the forex market chart, EURJPY move a strong uptrend yesterday.
When I wake up, then still do a usual activity, turn on the laptop, and open the chart on XTIUSD just monitoring the crude oil price-based FXOpen chart in Tradingview. this morning's price has already risen to 101.38, price moves the area upper band line in the hourly timeframe. consolidation price.
Still work from home like as usual, open chart XTIUSD based FXOpen in Tradingview, today crude oil WTI price 106.91 rises +38%, the price now at upper band line zone, technically can drop again, but fundamentally based still support for oil price even higher.
Did you feel life is like a cycling clock, yesterday already passed, and now start a new day, but tomorrow today will become the past day, however, we don't know what happen tomorrow, we may learn from history, but sometimes history repeats itself, this applies on technical analysis trading, forex and crypto trading.
Yesterday XTIUSD rise and reach a high of 110.32 based FXOpen chart in Tradingview, but now the price drop to 107.68, and possible history repeated itself.
The time is back, yesterday I am meeting the current clock, and now I meet again although in different circumstances, back to the XTIUSD chart by FXOpen in Tradingview, the current price of crude oil is 101.62, is it possible to drop level 96? Not anyone knows, but it is possible.
Back to the chart, money never sleeps many people state these quotes. XTIUSD repeats history itself
after hitting a low of 98 now crude oil bounced and landed at 103.82, and it fails to reach 96, the next question is, is it will reach 110? no anyone knows exactly.
This morning listening music and open the chart again, back to the laptop.
XTIUSD success to break line 110 price level, now the price of crude oil 111.43, possible to move even higher, however this only prediction, and ready to take the risk with put stop loss level below the upper band.