WeeklyTrader

WeeklyTrader

Daily and Weekly TBL Up 0.618 Retest is over, Up!

WeeklyTrader

Is this pattern right ?

WeeklyTrader

no resistance, no retrace... 50 is near...

WeeklyTrader

Reviewing on the 20days' DIP(Disparity Index Peaks) of Mar 7th, Apr 28th and May 12th, we find that USOIL price gets higher and higher, but Disparity Index lower and lower. Every time this happens, the reversal is near by.

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300EMA could be a retest

WeeklyTrader

Market in chaos, Trade safe

WeeklyTrader

Lower High appears: Downtrend Reversal Bulls afraid of Lower Low ... So pull up again and again!

WeeklyTrader

We got a lower high in 4hrs' market, that's not good trend for long. 42 is next support.

WeeklyTrader

Weekly TBL Trend: Up Daily TBL Trend : Down 4Hours' TBL Trend: Up What happend : Closed above 0.382Fib(44.86) and broke short-closed line(45.18) Policy : watch the closed signal's relationship with these Key Lines, e.g. TBL1,2 & 44.86.

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In the past few days, we saw the price hit the 50% retracement of the last two weeks . However, daily signal rose up again,and finally closed above the gap's upside :44.64.

WeeklyTrader

This is a sideways market. Just operate on both sides. Clear the barrels when market decides which way to go.

WeeklyTrader

We saw the TBL3 resist was broken finally, even though there was a long tail on the upside. SO I GUESS price will come down first today, hit the gap around 43.8, and may back up ... As for the Target, I think TBL@ 45.3 and 46 can both be target ! And 47 is possible, though I like bear. With this move, Weekly TBL will just close a little higher above last week,...

WeeklyTrader

Connect all the highs in May, we can find down-trend line. And what happend in the last four hours gives us a new broken signal. Though this down-trend is still here, while the effect of NEWS about OPEC and US seemed not clear enough.

WeeklyTrader

Week Trend : TBL Up and Strong! Daily Trend : TBL Up, but converge 4Hrs Trend : TBL Down reversal... Close Position : Reverse 1.618Fib, facing resist Entry: Long at 44.63, or short at 46.00. SL : Closed below 44.63 or above 45.98

WeeklyTrader

We came close to the reverse 1.27 fib-resist, connecting the lowest 26.03 in Feb11th to the key former high 41.87 in Mar 23rd. We will see what happens here.

WeeklyTrader

It's really interesting to see the power of the Gap, no matter down or up. And once the Gap was closed above or below daily, then the resist/support function switches. Based on the theory, we can long or short once you had a clear closed-signal about the gap. Meanwhile we have to see some gaps in history by draw a ray from them. So this week USOIL closed above Gap...

WeeklyTrader

Just a practice

WeeklyTrader

4hours' chart came across a strong resist for the moment, and it's great likely to come down to the up-trend at: 1. Daily One Break Line 44.17 2. Daily Two Break Line 42.72 3. Long Structure's bottom line 40.64 4. Bullish Shark Pattern's D-leg 38.12