I have to write something here. But the chart explains itself i feel
Oil is on the train to make a new all time high. Anyone that owns a fuel car will be at a lose. go go. Keep longing oil untill 2045
Regardless of how i turn this thing, facebook is setting up for a dip back to 50 USD, might need a couple of more yearly candles. A retest of the high and a failure. A bounce of 180-220 range from current local range. But regardless. this dip is like going to happen sometime in the coming decade. So i made this chart to prove that.
Looks like this thing is down distrubuting after this absolutely insane run. It's currently holding the local daily support. But i expect that to break. It does not look strong. Bounce levels are a bit difficult to locate, there is quite a lot of untested levels all across the range. As well as it being a massive range, makes it more difficult. As of now, i can...
Looks sick, nice volume Unload range 50~ Fuck it, make it 300. All the way back to the top.
70-77 likely to be a nice bounce. >Counting with 32kr to get hit eventually. Company looks like shit