MaryJane
Long

Next upwave ahead?

NYMEX:CL1!   Light Crude Oil Futures
898 7 31
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
Comment: Best Case (my vision ;-) )
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Comment: the first try was not really good
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Comment: h&s ?
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Comment: unchanged view
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Comment: Attention my dear Early Birds :-)
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Comment: oil should nat fall back below 51$
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Comment: we have reached a critical Point! Attention pls!
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Comment:
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Update Please, Thank You.
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Thanks for the post Mary. What is the Target price - ??
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re:H&S, I have a bullish bias for now as well.

This is my read of order flow here:

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IvanLabrie PRO IvanLabrie
(I look more at highest lows and lowest highs, as places where buyers or sellers draw the line)
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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 ?
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MaryJane ma.sanjuy
the ultrashort timeframe ( 5 min) is still bearish as long oil is under 50.21..next tp could be 49.7 in this tf.
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MaryJane MaryJane
broke the trend
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