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akki_solutions
Nov 13, 2018 6:10 AM

CLZ2018 IDEAS AND PREDICTIONS 

Crude Oil Futures (Dec 2018)NYMEX

Description

00:30 EST , 13/11/2018

Long Term: CLZ higher time frames are in confirmed negative and it has broken 3 day support and is expected to go to 9 day(57.50) as per the conventional rule. It is likely to bounce from 9 day support but it needs to form a perfect reversal with W pattern.
(It has not touched 4 hours even once. in order to move up it should break this 4 hour resistance and form the base.)

Short term : On a short term CLZ is expected to move down as all the time frames are having resistance rather than support also 7,15 mins are in con. neg. and 5 mins is going to be con. neg. It is expected to hit that 9 day resistance and and can even pierce and hit further lower levels.

Negative indicator: 9 day
Confirmed : All except 30 and 60 min

Largest tf Positive Indicator : 4 hours
Largest tf negative Indicator : 9 hours
Comments
akki_solutions
CLZ IS EXPECTED TO GO TO 2 HOURS TARGET. IT IS GIVING SUPPORT FROM 3 MINS AND THERE IS NO RESISTANCE LEFT EXCEPT 90 MINS. 2 HOURS HAS TOUCHED MORE THAN 3 TIMES SO LIKELY TO BREAK BUT IT IS THE CORE STRENGTH.
akki_solutions
CLZ IS EXPECTED TO GOT TO 2 HOURS TARGET BY TAKING SUPPORT FROM 5 OR 10 MINS. THERE IS NO RESISTANCE TO REACH THE 2 HOUR TARGET. TREND IS NEUTRAL WITH SLIGHT NEGATIVE BIAS.
akki_solutions
@akki_solutions, CLZ IS STILL LINGERING ON THAT SAME LEVEL WHERE I HAD I LEFT.
akki_solutions
CLZ IS ON 15 MINS SUPPORT AND LIKELY FORMING A W WITH THE SUPPORT AND GREEN CANDLE. THE RED-BLUE TREND SHOWS NEGATIVE BIASED IN LOWER TIME FRAMES. THE CORE STRENGTH IS 15 MINS. IT IS EXPECTED TO BOUNCE ATLEAST UPTO 2 HOURS.
akki_solutions
@akki_solutions, IT WENT EXACTLY ACCORDING TO THE PLAN.
akki_solutions
CLZ BLUE LINE IS GIVING SUPPORT. SO EITHER IT MAY BOUNCE FROM HERE OF MIGHT TAKE SUPPORT FROM 10 OR 15 MINS AND THEN BOUNCE UPTO 2 HOURS. 2 HOURS IS IN CON. NEG. AND 3 MINS ALSO BECAME CON. NEG. SO IT NEED TO BREAK THAT IN ORDER TO BOUNCE FROM BLUE LINE OTHERWISE IT WILL COME DOWN TO 10 MINS SUPPORT.
akki_solutions
@akki_solutions, The prediction is upto the mark. It is now on 15 mins support now.
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