NickCoulby
Long

Oil: Near term neutral/bullish outlook

FX:USOIL   CFDs on Crude Oil (WTI)
197 1 7
Oil             is pinched in a long term bimodal scenario. A wave 4 triangle looks to be carving out because of it, and the weekly mode has now shifted higher. While we could revisit the $46 level mode, I am leaning bullish after that given the outlook of the current PA.
I'm short for now, might break down soon. So it appears, based on the bigger picture, and other commodities, and the fact that the Niger Delta avengers twitter got suspended haha.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out