Ecantoni

Crude vs. 06-2007

Short
NYMEX:CL1!   Light Crude Oil Futures
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18
Crude has been following this 2006-07 fractal for quite a while now, partially sustained by the weakness witnessed in the greenback. Chances to see weakness, before renewed straighten, seem to be implied somehow in an atypical head and shoulders to be negated after the next rollover. Then to be monitored further for assessing the exponential move it followed at the dawn of the Great Recession.
Trade active: 1/4 position closed
Trade active: another 1/4 off
Comment: 1/4 off. last 1/4 left
Trade closed: target reached: last 1/4 off

Comments

Unbelivebel wooow can you make a fractal waves in indices dax and dow???? 10x y r good
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Still seems to be working quite well. Looks like it predicts another plunge before moving higher. Any chance you could update this? Not being lazy just having trouble recreating
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do you think its gonna go up and up from here
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why are you closing if everything works well?
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@AlbCM, scaling out profits it's always part of the strategy
+1 Reply