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Nickel Nice Choice For Trade Next Week

Published 11/23/2017, 08:40 PM
Updated 07/09/2023, 06:31 AM
MNKc1
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On analysis of the movement of Nickel futures price in different time frames, I find the Nickel as the next nice choice to trade for the week of November 26th, 2017. Any downward move will be a nice opportunity to go long. Wait and watch patiently to settle down any downward move before creating a fresh long position. I conclude some expected propositional trading zones for the Week of November 26th, 2017.

Nickel Futures 4-Hr. Chart

Nickel Futures 1- Hr. Chart

Disclosure: This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

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