FX:USOIL   CFDs on Crude Oil (WTI)
Oil reached strong support zone
Also this is support line
waiting for movement up
Jan 28
Trade active
Jan 30
Comment: test resistance line of downtrend channel
Feb 01
Trade closed: target reached

Comments

The target of your cahrt was hit @ 54,3$ but the trade is still active, do you mean oil will leave the downtrend channel and restart from here towards 60$ area ?
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EXCAVO elem1124
@elem1124, No target already reached but we are still in support zone in yellow box
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elem1124 EXCAVO
@EXCAVO, it seems oil is going streight towards 20$ as for your previous monthly chart. Do you agree?
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Excavo is living under a rock?
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SamadeusM Putrid_Shittgenstein
@Putrid_Shittgenstein, u also think its risky and can take a further plunge?
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dane4 Putrid_Shittgenstein
@Putrid_Shittgenstein, and that is how you know price is near a bottom
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@dane4, @SamadeusM

Excavo is a God at what he does. And I'm a God at what I do ...

https://thesaker.is/capitalism-requires-world-war/

Oil is going down unless there's a big war somewhere ...
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SamadeusM Putrid_Shittgenstein
@Putrid_Shittgenstein, So two gods contradicting? He says up u say down
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@SamadeusM, @dane4, @EXCAVO

Yes, exactly, the Gods are gonna decide this: The War God (Excavo) or the Reset God (Putrid).

Reset is down; War is up.

I'm thinking we have worldwide lockdown/emergency powers, and then Reset.

Mere mortals won't decide this.
Reply
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