MaryJane
Long

Is this the Bottom?

NYMEX:CL1!   Light Crude Oil Futures
574 4 31
Main View:
CAN THIS BE TRUE? DEZ 2016: 75$ ???
snapshot
https://www.tradingview.com/chart/CL1%21/Jjjwoqc5-Can-this-be-true-Dez-2016-75/
What do my tired eyes see?? Isn`t it a big bottom pattern in form of an exemplary H&S?
The RSI signs, that there is still a bit air on the downside. A dip back to the 38,2 fibo @ 41,92$ would be great. A dip to the 0,5 fibo normal and a dip to the 61,8 maximal.
If this level would be bought, a H&S is being formed. Prices above the neckline could interpreted as a BIG LONG SIGNAL.
I have illustrated the possible TPs in my chart


Former Analysis:
IS IT TIME FOR A COUNTER-ATTACK?
snapshot
https://www.tradingview.com/chart/CL1%21/DywbkWgL-Is-it-time-for-a-counter-attack/
We have reached the illustrated fibo-niveaus of my Main Analysis. The bearish Sentiment is still present....The RSI weakly signs a possible Rebound - but there is no "real" Signal yet - the rsi only Shows that the Situation is a bit oversold in that timeframe - will we see a dip to 40.5 today? Between 40.5-40.75 i exspect a shortterm countermove .
- i am not a friend of anticyclical counter-trades - so i stay flat and Keep on watching.
Dear Followers - i am really interested in YOUR views, YOUR ideas, YOUR Patterns-
Comments are welcome agree or disagree THX

Comment:
snapshot

Introduction into 1-2-3 Trading Pattern
Comment: Flag triggered..perfect!
snapshot
Change of view, or you still long??
Thanks
Reply
good analysis :)
Reply
because i dont have as big knowledge as you have. just say: I'm impressed. Your chart analysing for me is so clear... thank you
Reply
I see a retracement till 44.5 then a bottom at 35 before bouncing to 60 or so.

I will heavily short at 44.5

Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out