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tntsunrise
15 lip 2016 17:18

OIL Forms a TRI-ANGLE, still prefer to short Short

Crude Oil (WTI)FXCM

Opis

OIL has stopped making
lower low
but lower high still in play.
Therefore we can see a tri-angle

if break upward, oil will test 47 level again
if break downward, oil will make lower low and
goes to 42
what I prefer to do is still short oil.
the structure tells me that the pressure is very big

Komentarz

Komentarz

nice one. 40.44

Komentarz

Komentarz


channel broken
Komentarze
uperth
Hi Jack, could you please offer your thought to current Oil actions? Thanks
nbn007
the oil will go up strong?
yeocs93
Hi jack, any update on this? Seems to have broken previous high
uperth
Thanks Jack just went in on the top, then it turned,... what is the target?
btM_Afta
So Jack, we see now that the channel is broken, can we short now Oil, or better wait for a pullback and short? Thank you !
tntsunrise
The pull back is already happened
btM_Afta
So isnt good to short now at 42 ?
tntsunrise
dun chase the price.
Born_GodSlayer
Thanks for the idea Jack, if you don't mind me asking what values you use for RSI, just default? Thanks again
tntsunrise
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