GrittyInvestor
Long

Important Week for Oil Future

NYMEX:CL1!   Light Crude Oil Futures
Problem
I DON'T WANT TO USE CAPITAL LETTERS BUT THEY ARE NEEDED FOR THIS WEEK.LET'S BEGIN WITH THIS FUNDEMENTAL,BEFORE TAKING POSITION WE MUST SEE BIGGER PICTURE AS THINKERS SAY.IN ORDER TO NOT TO DAMAGE REALIBILITY OF MARKET,THESE PATTERNS MUST BE WORKED.FROM THE OTHER SIDE,THIS WEEK WILL DEFINE FUTURE OF OIL.FROM MY OWN EXPEIRINCES(WHEN EVERYTHING IS WIDE-OPEN IN THIS FUTURE(OIL IS ALSO KNOWN AS MOST SPECULATIVE FUTURE)THERE MAY SOME SPECULATIVE MOVES.THE RATE OF THESE MOVES ARE ALMOST %50.HOWEVER AS WE CAN SEE,THERE ARE NOT ANY ZONE TO MAKE SPECULATIVE MOVES AS I MENTIOENED REASON ABOVE.

(IF YOU GET MY IDEA,YOU CAN READ BELOW,OTHERWISE,PLEASE LEAVE THIS LINK AND TRUST YOUR IDEA.I DON'T WANT TO MAKE INVESTORS GET CONFUSED.)

Last week,oil tested below the $43.00 but it closed above the $44.00.It means that It has stayed in head&shoulder form.With upcoming 3 days of market if it's not closed below the prices,and from my point of view oil can be tested as $48.20 again.I warn all of my investors $44.00 is very important point for this future but there may some speculative moves in day timer.However,not to damage to reability of market extremely,it must be gone the neart of $49.00 until the and of the week.
If it can reach the positions,with your requests,I will publish second week traces of the path.

@tbuckle
Reply
So are you saying strong long possibility in the white triangle and strong short possibility below it? or....? Please explain your take on this in more detail, please.
Reply
If it will be head&shoulder form,this week must be upward trend because there aren't any zone to make speculative moves.However,nobody can go with %100 success rate.On the top of that,I tried to explain my idea in the description but there were some problem.Please be paintient,I will post a comment to publish my full idea.
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Check it out :)
Kind regards.
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