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look4edge
May 2, 2015 2:41 PM

WTI - 61.5/64 Long

Crude Oil (WTI)FXCM

Description

Above 54 violent move up (point B with runaway price action), did not retrace to breakout level, bullflag is pointing up.
Shark in progress, smallest target 61.5, largest 65.
Also found diamond pattern - target 62.25
Needs to clear 60 to leave channel, abcd zigzag targeting 64.
Would be nice 44-54-64 stepping.

(levels from previous contracts may not match exactly as i experienced last month - rollover gap 19/4 around 1.4$, therefore lines or levels could be misleading a little - according to my other cfd platform with continuos contract wti top from 01/05 was below point X (here 59) from 18/12 - so, i really do not know if wti is above X or not or my broker is fooling me...)

so this is what i see in TW chart
Comments
ElPatron.Y
sitting on my hands on the short side.
jangseohee
jangseohee
it is possible
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