Kumowizard

Oil 4H - Watch here the FLAG not the FED!

Long
FX:USOIL   CFDs on Crude Oil (WTI)
10
Still a noise, but a bit of bullish noise today.


Let me repeat what to watch, with looking at 4H time frame too:

- Daily Kijun Sen at 43,50, as lower supp/res. (Below 43 would be bearish again)
- Daily tenkan Sen at 46. -> Bullish momentum would accelerate above 46
- 4H Kumo and flag... et voilla: 43 - 43,50 on lower side vs 46 on upper side. Power of multi time frames!
- In case of bullish action Chikou Span would cross past candles -> weak bullish Chikou cross as confirmation
- Daily haDelta/SMA3 -> will it cross back above zero line?

Original idea linked below.

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