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VERY interesting spot to come test as support.
CFDs on WTI Crude Oil
Long
VERY interesting spot to come test as support.
By MikeMM
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Updated
Nov 8, 2023
9
Nov 8, 2023
If we look on the daily it is currently forming a doji.
Will update when the day ends. Do not want to go below the support line here obviously.
If this is the bottom, then welcome to wave 3.
Nov 8, 2023
Note
Heres the daily doji, so far.
Bullish Divergence on the MACD
Nov 8, 2023
Note
Wave 3 ends around 250, wave 5 ends around 500, if anything like prior cycles.
Nov 8, 2023
Note
Gasoline futures completed a shark and is having a type 2 return at.... the 200 week moving average... annnnndd... another support like oil's..
Inttterestttingggg stuff guys.
Chart Patterns
Technical Indicators
Wave Analysis
MikeMM
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