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The_Cannalyst
13 paź 2016 19:11

Next upwave ahead? Long

Crude Oil FuturesNYMEX

Opis

The long triggers are:
Procyclical Early Bird trigger (Risklover): 51.10
Procyclical Normal Trigger= 51.6
Crazy anticyclical longtrigger: 49.1
Trading below 49 will destroy this longsetup

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Best Case (my vision ;-) )

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the first try was not really good

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h&s ?

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unchanged view

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Attention my dear Early Birds :-)

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oil should nat fall back below 51$

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we have reached a critical Point! Attention pls!

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Komentarze
AMBRISH
Update Please, Thank You.
ma.sanjuy
Thanks for the post Mary. What is the Target price - ??
IvanLabrie
re:H&S, I have a bullish bias for now as well.

This is my read of order flow here:

IvanLabrie
(I look more at highest lows and lowest highs, as places where buyers or sellers draw the line)
ma.sanjuy
thanks for yr update. do you think we will now hit the $49 levels? or is the current price area ($50.10 ) still too unclear to give a clear direction ?
The_Cannalyst
the ultrashort timeframe ( 5 min) is still bearish as long oil is under 50.21..next tp could be 49.7 in this tf.
The_Cannalyst
broke the trend
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