Technical Overview after the nice H&S-BO!
Yesterday was a nice bullish day. Now it`s time to breathe a bit slower :-9
The oil Chart is turning more and more green....the present shortterm uptrend is dominant and nice to watch the forming of the 1-2-3`s .
Here i just illustrate a technical overview with allfor me important levels to watch.
Feel free to comment my view!
Former view:
Textbook Inverse H&S
The oil Chart is turning more and more green....the present shortterm uptrend is dominant and nice to watch the forming of the 1-2-3`s .
Here i just illustrate a technical overview with allfor me important levels to watch.
Feel free to comment my view!
Former view:
Textbook Inverse H&S
Note
reached important action point! Note
if we can`t recapture the niveau above 46.5 the support turns into a heavy resistance Note
ok, the trendbrake and break of the last "3?" was THE Signal to short... the Chart is turning more and more red.... but watch the rsi - he is very oversold! everytime a countermove could be initiated Note
And here is the from the rsi early signed countermove...former downtrend in combo with the shortterm uptrend have been a loadable supportzone! Note
technical overview Note
we dipped to the 38,2 watch 46,5! 
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