Can oil Make it to $41 today if this Chart pattern is correct and not a mirage i say it ready to vault higher! :-)
We must remember this is a cyclical daily prognostic chart that i'm working from, it will have it's up's & downs during the day, Chart patterns can take days to complete sometime longer??? Megalo>
We must remember this is a cyclical daily prognostic chart that i'm working from, it will have it's up's & downs during the day, Chart patterns can take days to complete sometime longer??? Megalo>
Note
Oil is still conforming to the CnH pattern and is still relevant at the present time even though it finished below the 7 day moving averages for the fourth day consecutively but mostly side winding action. Oil did manage a green daily candle so there is a positive for the four day gloomy price action!I still believe Oil has the potential of of climbing to over $$42 this week or early next week ??? :-) As Always Good & Fruitful Trading i'm still riding a overleveraged long until i the risk out ways the reward it has not gotten to this time yet> Megalo
Note
Note
P.s no modifications was made on this chart since i published it on Sep. 18th :-) >Megalo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.