WallStScalper

Crude ready to be appreciated again

NYMEX:CL1!   Light Crude Oil Futures
1585 14 27
Bullish EW Count with the help of an Andrew's Pitchfork

Fib says this could be it... The area for a reversal.
To pick theeee exact spot is difficult but support is in this area.
If support is broken next support comes in at the $25ish handle.

For the moment I'm neutral but will get very bullish if we see some consolidation and up move here.

Remember it's a monthly chart.

Trade What U C
BLawrenceM for @WallSt$calper
Agreed, bought UWTI today!
+1 Reply
WallStScalper PRO reluctantplumber
I have taken a position too
+1 Reply
isn't wave 4 into wave 1 from 1990?
+2 Reply
Yeah... I have looked at it ...If you take intraday lows ..yes there is a violation. If you take the closing price ..then no...
+3 Reply
This would be pretty crazy.
+2 Reply
Completely yes!
+2 Reply
Much needed! ;) hahaha
+2 Reply
WallStScalper PRO moorekapital
You must be driving a Tesla... :)
+3 Reply
hi Lawrence,
if i connect the channel using the high first and extend downwards
it looks abit different
there is no right or wrong answer
snapshot
+1 Reply
nice
+2 Reply
To see the Devil Worshipers in the financial market
Take a look at this Crude Oil 1 Day time frame Chart from 5/1/2011 to 6/16/2014

Here's a video showing you proof that WWW = 666

https://www.youtube.com/watch?v=2hjv0qGby64

snapshot
Reply
VivaciousVibrantVixen CryptoCurrency Inc.
Look like we have a 2015 double bottom?
Reply
baby i don‘t think so, 24H later we will know the answer
Reply
qnx88 qnx88
baby i don‘t think so, 8D later we will know the answer
Reply
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