EverythingForex

FREE SNEAK PEAK: USOil: Possbile BIG MOVE UP Coming! +336 pips

FX:USOIL   Crude Oil (WTI)
2238 28 21
This is a pair that only my PREMIUM members get analysis on. But I'm giving a SNEAK PEAK at what is possibly coming. And it could be HUGE! I will be on top of this pair and alerting my members to any good opportunity that may be upcoming. Do you want to be alerted as well?

Well, before any of that, I'll go ahead and give a little FREE analysis on this pair here this time. Pay attention!

I posted these charts out to my PREMIUM members. This MONTHLY chart was also posted out to my Facebook             group as well. It was posted 7 days ago:

So you can see from the MONTHLY chart that there is a COMPLETED bat now and that prices have now and are still retesting that low established back in Jan., 2009. That low was never retested until now. And as I have said on many occasions, all significant highs and lows regardless of what TF you are looking at get retested at some point. Can't be sure when but it happens. Here, this being a MONTHLY chart, it took 6 years but it is happening right now. When these retest occur, they set up some GREAT "low-risk" (low risk being a relative term) counter-trend trading opportunities. But beware! This is a MONTHLY chart so taking any trade off this TF requires a HUGE stop loss and risk tolerance! You need nerves of steel to withstand the swings that will inevitably happen when bulls and bears fight. And they are fighting now!

Something to realize though. Since this is a commodity, prices can NEVER reach zero! And if you use your common sense, you would also realize that the likelihood of prices dropping much further are low as well. The market forces simply cannot tolerate prices dropping below a certain point. So with that in mind, where prices are at now, may be as low as they will get...relatively speaking.

Now I want you to pay CLOSE ATTENTION to this chart. This was a chart I sent out to my Premium members along with the monthly chart above 7 days ago. Compare that with the MAIN chart above with the updated prices:

My system pretty much predicted VERY CLOSELY the future price movements of USOil             to the tee! If you had sold where I had projected wave (a) to end and held it to where I have wave (b) ending, you would've made +336 pips in one week off this pair! Now, full disclosure. I personally DID NOT take the trade for reasons of my own so I did not make these pips. But the point is that my system NAILED this trade! You don't need to believe me. These charts are posted here and can be checked just by clicking on them or the links in the Related Ideas section.

And you can bet I'll be paying very, very close attention to what happens next! And my members will be alerted! What about you? Do you want to be alerted? You won't find it here or even on my facebook             group as this pair is EXCLUSIVE to my members and clients. So go to my website and subscribe if you want it! http://www.efxselect.com
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I'm curious if this pattern is still valid (I'm new to this.) If this pattern is still valid, when will this pattern not be valid, when it breaks below the x target?
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Sonic_scheme Sonic_scheme
Anyone one who can answer will be appreciated
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yep. This pattern is still valid and oil is seeking it's C point right now. Most pairs are in consolidation right now so just waiting..........
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EverythingForex PRO EverythingForex
And yes, it is no longer a valid possible pattern if prices go below the X point. It's actually not even a pattern until it it's D point is completed. Before that, it's just a possibility.
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Sonic_scheme EverythingForex
thank you for the reply. i'll keep a watch on this as i am interesting in learning
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johnmad PRO Sonic_scheme
This is my prediction for what it is worth , We are nearing a Double Bottom and "IF" PRICE CLOSES BELOW , all Harmonic's will have shifted Bearish , Rite now the 4HR,DAILY,Weekly and Monthly is very bearish , which still makes me bearish and will continue to hold my Sell Positions , But IT does not rule out the fact of Possible Shark closing @ the 886 Fib and then retracing for 50% for a 5-0 Pattern and then to continue in the Bearish Direction to 40.82
snapshot
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Thanks for the comment and the chart. I agree that OVERALL this pair is bearish. But it's in need of some correction before heading lower. It has reached an inflection point and must determine what it wants to do. Patterns favor the upside for now as you have implied. And I've already issued an up-to-date analysis to my members on this so they can get a jump on this pair whether it goes up or continues down.
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johnmad PRO EverythingForex
Full Agree with you Sir .As i said , there must be a correction as some point , and when that happens , i will also jump in and follow suite .
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And my Target has been HIT DEAD ON just as i said from Day one.
snapshot
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good job. I've been holding off until it gives a BUY signal. Should drop to about $40 before reversing. I'll be looking at a BUY then.
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