TradingView
akki_solutions
Dec 17, 2018 3:12 AM

CLF2019 IDEAS AND PREDICTIONS : 17th-21st Dec 2018 

Crude Oil Futures (Jan 2019)NYMEX

Description

22:00 EST 17/12/2018

Long Term: CLF 90 MINS AND 2 HOURS HAVE FORMED GOLDMINES. AT THE SAME TIME 4 HOURS IS GIVING SUPPORT. IN THE LOWER TIME FRAMES 10 AND 15 MINS ARE IN CON. NEG. SO IT IS EXPECTED THAT CLF MIGHT COME DOWN TO 90 MINS SUPPORT AGAIN TO FORM A W AND THEN BOUNCE. 1 DAY HAS ALSO GREEN CANDLES FORMED. SO IT JUST NEED A PROPER SUPPORT WITH W PATTERN IN ORDER TO TURN AROUND. 4 HOURS IS THE CORE STRENGTH. ON A HIGHER TIME FRAME IT IS ON 1 MONTH SUPPORT ALSO.

Short term : CLF 10,15 MINS ARE IN CON. NEG.. NOW IT IS EXPECTED TO COME DOWN TO 90 MINS SUPPORT ATLEAST. IT CAN EVEN COME DOWN TO 4 HOURS AS WELL BUT THERE IS NO ORANGE CANDLE PRESENT. THERE IS ALSO A CHANCE OF BOUNCING FROM 90 MINS SUPPORT AS IT HAS FORMED A GOLDMINE. RB TREND IS NEUTRAL WITH NEG BIAS. AND CORE STRENGTH IS 4 HOURS.

Negative indicator: NA
Confirmed : 10,15 MIN IS CON. NEG.

Largest TF Positive Indicator :1 DAY
Largest TF negative Indicator : NA
More