danserati

In Before This Happens(Prediction/Forecast)

FX:USOIL   Crude Oil (WTI)
444 5 10
I'm going to Predict/Forecast this will happen,
Price is going make a double top , It will be a bearish divergence Double Top
And drop towards Support or at least near it.

Let's see how it plays
Comment: Top reached. Bearish Divergence as expected
But will it hold?
Comment: Forecast Hit
Nailed it!
Reply
danserati DueYourDiligence
Yep, had a pretty nice trade on this one
Reply
you were right that it would be a bearish divergence top, but the price exceed from the previous high, so u consider it a double top?
Reply
danserati I_m_malik1
Yes to me it's still a bearish divergence. Forex isn't perfect. There's no such thing as a perfect pattern or perfect price/support.
I stick to my opinion
FYI i'm in for a sell at the top. I'm hoping i sold the top. my SL is very closeby
Reply
Hi, do you still think its a double top?
Reply
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