Update on previous analysis.. Still going to plan. @crudesignals
On the daily chart here, Crude is looking very bullish. We saw a clean break of previous high ($44) found new resistance at $46, saw a slight pullback to see if previous resistance would act as support which it did and now Oil is back on the run. I’ll be targeting anywhere between $47 / $50 level. Of course, if we break $44 then I’ll likely start to look for...
Slow week this week. It’s only a matter of time before the market pullbacks. I’m still holding my previous post & I’d expect Crude to at least fill the gap around the $40.10 level. If you have any questions, feel free to comment down below. - CrudeSignals
Hello all! Just went through my previous posts and I didn’t quite give a full update on this chart. Well, here was the outcome' A beautiful shorting opportunity presented at the $43.70 level. Congratulations if you ended up taking this trade. 1000+ pips here. - @crudesignals
I’ve been holding this chart for a while sometime and continue to do so. If you check my previous posted you can see we did expect crude to break to break to the downside. I also have another idea that I believe could also possibly happen. Feel free to check it. CrudeSignals.
Update from previous analysis. It’s a beautiful thing to see. Thank us later ;)
If Crude is able to break and stay below (close) $38.50 on the daily timeframe. We would then expect to start making its way down to the $34 level. Possibly even $31. What’s your thoughts?
Welppp.. You can thank me later! CrudeSignals
Been holding this chart since 9th July. Bullish till $44/$45 and then we may see the continuation of the Elliot wave pattern (ABC) Why $44? Because that’s where the 50MA hangs on the weekly chart. Or we could just continue to go up, whatever the case I will follow what the chart is telling me. Only looking for buying opportunities in this market since we are...
Expecting downward momentum. Nice pullback to previous support now turned resistance. What’s your thoughts?
Expecting some downside here. Crude tried to break current resistance but failed too, price then ended up closing on a bearish shooting star two days in a row. We also saw price form a ACBD pattern on the 4HR chart so in the shorter term we could see price find support around previous resistance. So expect a small pullback here before we start to see price...