aliejaz732

OIL - DEC SHORT

Short
TVC:USOIL   CFDs on WTI Crude Oil
Monthly Chart Analysis:

Seasonal Analysis:
1. In Bull run Dec month made always Bullish Candle.
2. In Bear run Dec month mostly made Bearish Candle.

Time Cycle:
1. From Top takes 6 bars reversal in 2008.
2. In this channel 3 times Bull Run took 26 bars on an average.
3. In this channel 2 bear run took 18 bars on an average.
4. So, this time top reversal may end in this month and Dec-22
may makes bear candle.
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