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ZarNegar
Jan 25, 2015 9:58 AM

The Second Fall of Oil. Short

Crude Oil (WTI)FXCM

Description

Next week we are waiting for the support of $ 41.41 for oil.
After this support. The second trend for oil begins to fall.
Will turn to 22.22.
Comments
charlie.delta.trader
No.
maximus71
????
welf
What an amazing call
coolingla
ZarNegar, can you publish an updated version of this graph soon? For immediate term (next week), are we heading up or down?
millie
What is your projected bounce target (as shown in the white curve)?
HuaYang

Analysis is basically the same
BaliShag
Well this depends on too many things to bet on pure TA..
maximus71
Hi zar, i think the same for oil... End of fall 25.-- . At this level we should have a lot of opportunity in oil stock...:) have a date for this level with oil price?
ZarNegar
Hi Maximus
I think about the summer of 2015, oil prices will be less than $ 36,
Of course, oil has the potential to drop to $ 22,
LetsBeMillionaire
i agree to short Oil but at 36, it will bounce back....looking at all the circles and tech indicators by you in chart, i dont think it will hit there...summer is the time it will start bouncing....at $40, ppl will start loading up like crazy i can guarantee....
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