faylee
Long

Oil long term in a decline wage

FX:USOIL   Crude Oil (WTI)
1424 20 58
During 2017-2019, oil             price will swing at $50-80
At the time, Gold             price will approach to the peak
Only you can make this world seem right
Only you can make the darkness bright
Only you and you alone can thrill me like you do
And fill my heart with love for only you
Only you can make this change in me
For it's true, you are my destiny...
robus
3 months ago
you joined TV just about time I joined. I see you have excelled pretty much in every way from spotting good trades to making beautiful charts. You have fantastic learning curve.
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faylee robus
3 months ago
Thank you! I'm flattered:) Analysis did help to my trading.
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kw1846
3 months ago
I think it will reach 51+51-26=76, for a double bottom if formed. But I am still suspicious if the second bottom was formed already at 39...
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faylee kw1846
3 months ago
Yes, it's possible. But this time frame is too large to catch the exact price
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kw1846 faylee
3 months ago
Yep, if the second bottom dropped to below 26, then I would need to recalculate the target, but this is highly unlikely. BTW, I am the guy asked you the target question of 45.9 in our QQ group. Nice to know you both here and in the group, and I hope to learn more from you! ^_^
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faylee kw1846
3 months ago
oic...haha, nice to meet you here:) Welcome to comment more...
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kw1846 faylee
3 months ago
Definitely will! Appreciate!
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SupraBoy
3 months ago
nice analysis. I think $60 is realistic for next year. $80 would be too optimistic but possible.
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dimension4 SupraBoy
3 months ago
she shows it hitting just 70 in 2017.
faylee are you showing elliot wave analysis or how do you determine the forecast?
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faylee SupraBoy
3 months ago
Thank you:) I meant $60-70 in next year, $80 in 2019
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azry
3 months ago
do have analysis for time frame h1
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faylee azry
3 months ago
Update for Oil

you can refer to this chart
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azry faylee
3 months ago
Thanks
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faylee azry
3 months ago
Update for Oil
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BOOgiiee
3 months ago
Hi Fay, does this mean both are in confluence? gold and oil move in the smae direction?
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faylee BOOgiiee
3 months ago
I amnot talking about this. Gold/oil ratio changed always. They could be in the same direction sometimes
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gcplau
3 months ago
Hello Fay, is it true that the chart above uses Wave theory, basic pattern like dropping "wedge", fibo ? Any fundamental consideration as well? Thanks for sharing. BTW, full time trader is not easy...and for a lady...you should earn the applause. Can you share how long does it take from learning to full time trader?
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Cruddest
3 months ago
so you you are saying that this whole this is (A) to 1450+ (B) currently running , then wave (C) UP ?
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faylee
3 months ago
Update for Oil
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ardi.kota
2 months ago
usoil ??
today can u help !
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