recently I've been looking at the strong validity of cross market channels.
More on that, better presented (and questioned) over the weekend perhaps but
hey, sometimes it's all about the trade. Being rather frustrated with the vagaries of forex markets ...
I've been practising trading oil . I like it. It's kinda logical.
As it's dribbled off the diamond, down to roughly the channel bottom, and XABDC both agree,
once the bounce point confirmed, a little W maybe? it looks a high probability to go back up to the 106.00 area,
off up the retracements as indicated.
( BTW I've had metals pegged in also for a while to take a potential hike around the 28th ish . Maybe. Anyhow big moves in commods, generally up ... Big turn points, copper nudging up overnight, (as Euro peaks/pivots?))