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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Comments
AMBRISH
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Update Please, Thank You.
ma.sanjuy
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Thanks for the post Mary. What is the Target price - ??
IvanLabrie
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re:H&S, I have a bullish bias for now as well.
This is my read of order flow here:
IvanLabrie
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(I look more at highest lows and lowest highs, as places where buyers or sellers draw the line)
ma.sanjuy
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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 ?
The_Cannalyst
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the ultrashort timeframe ( 5 min) is still bearish as long oil is under 50.21..next tp could be 49.7 in this tf.