Weekly Trade Setups – 12th February to 16th February 2018

PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

LEAD :

Bullish Pin Bar is observed in the above price chart of LEAD after getting a downward pullback.

This pin bar can be traded on long side assuming the stop loss of 2480 .

The recent support is near which may become a flip resistance  as seen in the chart.

Early exit may preferred for this long trade as 1:1 and further we should observe how price chart folds to get potential price action signal.

 

NICKEL : 

NICKEL is arriving in the buying zone as we can see in the price chart above.

Relax and observe buying signals anywhere till 12102 area.

Stay connected for further updates.

 

ZINC : 

Downward pullback can be clearly seen in the price chart of ZINC.

Also we can see clearly price is pulling back as expected till 50 per cent of the previous bullish move.

Relax and observe buying signals till 3300 area.

Stay connected for further updates on ZINC.

 

NATURAL GAS :

Above is the weekly price chart of NATURAL GAS.

One can clearly see that price is arriving at a weekly key support area as seen in the above price chart.

Weekly key support area seems to be at 2.500 area.

2.500 area will be very interesting to observe the price behavior with the help of price action signal.

If buying signals found , it can be bought aggressively near 2.500 area on confirm buy signals.

Stay connected for further updates for NATURAL GAS.

 

CRUDE OIL :

After a long interval finally we got a aggressive correction towards downside as seen in the above price chart of CRUDE OIL.

55 $ area is a good key location to observe reversal buy signals to join the bullish trend in CRUDE OIL.

Observe buying signals till 55 $ area.

Stay connected for further updates for CRUDE OIL.

 

GBPINR :

 

GBPINR is undergoing a downward correction as expected which can be clearly seen in the above price chart.

We were waiting since from last two weeks to get this situation.

Now we will closely observe the buying signals at the support zone starting from 1.3658 to 1.,3454 area.

Stay connected for further updates in GBPINR.

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