Top-down trading analysis. Oil downside extension   In this article, we will share top-down trading technical analysis for the Oil. On the monthly Oil chart, we can see that the instrument is in the rectangle similar to a previous one when we saw almost $80 fall from a $120 level

Trade of the week DXY rejection from the long-term downside channel   DXY (US INDEX) could be our trade of the week. DXY is trading within a long-term downtrend Pitchfork channel as it can be seen on a Monthly chart. We had a focus on its upper trendline 99.50 level

How to be profitable in trading   From time to time every trader is asking himself this question. Probably he goes deeper in his analysis of this. “If I have done my analysis good and eventually trade went into the direction of my entries why I am getting more losers

Oil testing the triangle support   Oil is trading within a well defined long-term range rectangle between 35 and 80  as it can be seen on the monthly chart. After the brief medium-term triangle upside break above 56, it is again back into the triangle and is testing the support

Nikkei unable to break a key long-term upside resistance   Nikkei is moving inside the Pitchfork downside channel and we are seeing a rejection from 2200 level of the downside support on a weekly chart. This level should be broken for an upside continuation higher. A confirmed break below 2190