jangseohee
Long

CL1!, oily made a higher low

NYMEX:CL1!   Light Crude Oil Futures
1130 27 43
stronger case of inverted head and shoulder now
target is back to 50.5 and beyond

*oil has gain popularity since it started falling hard from 85, there is always
a possibility that it could fail, always be open minded.
and i am still VeRY disturbed by the gap around 28-30

For now, it is buy the dip until it is not.

i felt great having bought a few 27.3, took profit and kept it, any more downside will be a short hedge
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agreed, plenty of confluence for this long
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AMBRISH Hiltonuk
Thanks,
+1 Reply
goodguy PRO jangseohee
@jangseohee,
Jang Good call at 44 to call for up move. Right on. Best to you and all your loved ones in 2017.
+1 Reply
jangseohee goodguy
@goodguy, Hi Happy New year to you and families
good luck trading

keep posting, i will be around ^_^
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goodguy PRO jangseohee
@jangseohee,

May be some pullback now IF the US dollar keeps going up for a little while. Not sure of course but here is what I am currently thinging is possible. I have always appreciated your feedback.

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jangseohee goodguy
@goodguy, it is highly possible
i wont rule that out ^_^
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Great !
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AMBRISH tipua411
@jangseohee: Happy New Year, Nice of you to remember Crude . Thank You.
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don't u hate it when it bounces below ur line !
happy new year , it above the down trend line
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@G13Man, happie new year bro
i always have some allowance for that ^_^
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AMBRISH jangseohee
@jangseohee, Now What?
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jangseohee AMBRISH
@AMBRISH,
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thats my projection, i can be wrong

so i will be waiting for another false break down (for long)
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AMBRISH jangseohee
@jangseohee, Thanks a lot, i agree with your analysis.
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jangseohee AMBRISH
@AMBRISH,
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if you want candle to candle projection, that is impossible, but overall it is according to what I propose ^_^
^_^
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AMBRISH jangseohee
@jangseohee, Thanks, i dont need detail projection . i respect your technical views , I just wanted your view ,
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AMBRISH jangseohee
@jangseohee, Thank You for update.
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mduck jangseohee
@jangseohee, hey, jang, would you consider 50 as the first target to achieve?
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@mduck, somewhere around 50.25
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Thanks for self explanatory chart.
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jangseohee AMBRISH
@AMBRISH, you are most welcome
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snapshot

https://www.bloombergquint.com/markets/2017/05/05/suddenly-oil-below-40-a-barrel-doesn-t-seem-so-far-fetched
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Interesting chart.
+1 Reply
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