MaryJane
Long

Time again for a little Rebound

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
591 10 22
a year ago
Crude is oversold! Between 35.20-36.5$ I exspect a little Rebound up to 37.6, than perhaps overshooting till 40/42$.
a year ago
Comment: Rebound Target 1 @ 37.6$ rechaed
a year ago
Comment: [image]https://www.tradingview.com/x/a4sV4r1F/[/image] This fist move reachd to the minimum fibo correction level 38,2
The max. level could be 39,20$
Always look forward to your analysis, thank you! I have a slightly different view on the lower trend line and although it seems aggressive, I think there's a good chance prices may try to get a hair below the 2009 lows prior to the hike decision and head down to 31.7-32.2 level this week... I agree on a possible retrace to the 38 level though, I believe the overall process is looking to create resistance at 38 to initiate the longer term bottoming process.
snapshot
Reply
MaryJane smitheric1970
a year ago
thx a lot for yout thoughts....this sounds very plausible..thx!
Reply
MaryJane MaryJane
a year ago
a dip below the former 2009 low as a bear false break out and than a Little fast shortsqueeze
Reply
MaryJane MaryJane
a year ago
snapshot

an overshooting selloff can reach up to 25$ as worst case Szenario....hmmmmmmbut it only a technical view...
Reply
MaryJane
a year ago
snapshot
Is here the buying candle???
Reply
smitheric1970 PRO MaryJane
a year ago
snapshot
Reply
smitheric1970 PRO smitheric1970
a year ago
Oh ya I got squeezed... Nicely done dir!
Reply
MaryJane MaryJane
a year ago
snapshot
Y€$$$ it was a buying candle...
Reply
MaryJane
a year ago
snapshot
Reply
MaryJane
a year ago
snapshot
1-2-3?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out