EverythingForex

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

FX:USOIL   Crude Oil (WTI)
2237 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:
USOil (WTI): LONG TERM OUTLOOK - Big Move Up Coming?

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:
USOil: 4HR Chart - Possible Short Term Moves

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
MTD REAL Documented Results: over +2000 pips PROFITS!
Want more profitable forecasts like this? Want the FULL report on this and other pairs? Subscribe and get them! Go here. Get 50% off NOW!: http://bit.ly/2nJ0MoP
I was looking at a possibility of a close much lower , a Shark Pattern , an AB=CD Closing at he 161,8 fib and all Harmonics ending at 39.00 also RSI on the 4 hr has not closed above the 70 period line which still makes it Bearish for me until the 70 line has been broken , however your possibility of showing the 618 fib retracements on both price actions is also a possibility.
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I'm paying very close attention to this pair because it has cascade effect on other pairs. I believe I have a pretty good idea on what is to happen next.
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johnmad PRO EverythingForex
thank you for all your post's i was only trying to point out a possibility as you should know in trading , nothing is for certain .
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of course! And your comment is appreciated for sure! I'm just not able to comment more on this pair because it would not be fair to my members who pay to get this analysis if I were to give it away. So please don't take my reply the wrong way. I did not mean to imply your comment is not needed. Maybe it will help somebody else who reads this.
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johnmad PRO EverythingForex
please don't take this personal as even if you give advice to paid client , You and i were both wrong on the call and possibility's on the USDZAR were we were both stopped out , that is the possibility's we are talking about , even though that pair still has a possibility of going South due to being overbought and Negative Divergence .
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uhhh...not sure what you are talking about. USDZAR? I don't trade the Rand and never made any call on it.
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johnmad PRO EverythingForex
USDZAR-trading the wave 2 near all-time highs
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you posted this 5 days ago , maybe i am mistaken , but surelooks like your post
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Nope. Not my post. That belongs to FullTimeTrader. He's also a highly respected trader around here. I respect him as well. But everybody makes mistakes and has losing trades.
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johnmad PRO EverythingForex
i agree fully with you , i make mistakes all the time just like now and i was not in any way trying to cause an argument , i was trying to debate on possibility's as that is what helps us to be vigilant and aware of Possibility's
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No problem, man! I'm not offended you mistook me for FTT! LOL! He's a great guy and a good trader as well! And you can tell him I said so! Cheers!
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Hmm. Not sure about this one.
You aware of the SHS of last two months ?
I see higher probability for a move to ~ 35$.
snapshot
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Sure. It can happen. I'm not ruling that out. But if it happens, the questions is when? There's no reason why it wouldn't go up as per my 4hr projections, reach the target and then drop, right? There's nothing saying it must drop down to $35 right now or anytime soon. It could happen as no one is privileged enough to know for sure. So you could be right. We both could be right. Who knows? I can only be prepared for whatever happens. GL! And thanks for the post!
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Yahia.Awes Farbenspiel
I like your chart Farbenspiel!
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I think you will be right, I can't imagine paying less gas than what it is currently (I would love to pay less though), probably will hit the low end soon then bounce up
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or a possible BIG move down.. zoom out and you'll see the opposite of that pattern.
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TamaYU TamaYU
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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
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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.
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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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johnmad PRO EverythingForex
I am going to wait for that perfect RSI Divergence before i take a Buy , it has still the strength to go down as Far as 39.00
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