VeryBeginer

Sit back, and WAIT for the FIGHT :)

FX:USOIL   Crude Oil (WTI)
FIGHTING ZONE

As my recent successfully "repeating theory" (https://www.tradingview.com/v/ttPR7M61/),
I came up with a silly theory again. See the red line (48.84), whenever we have a fight above this line,
there is a definite move to above. But as you see on the last oval (fight), the fighting is under the line and that has
caused a sharp move to down.

Now, I will wait for a sky-rocket to above, and then will wait for another fight,
and take my position depends where the fight is .On or under the RED LINE?
You will find the drop is relative to the two months before as the investors pull out . I also have a feeling that the oil company also is investing in there own bad fortune and instantly reinvesting there winning back into there own failing company .
Reply
If you short this with a good margin ie. Short 1000. And have 4000. Or 5000. maybe more it can go up as far as it likes if you work out the tallest peak of two dollars . And work out how much this is you will never get caught short . And be earning 1000 to 3000 a day
Reply
It has scalped January's investors and February. It will fall as low as $44 a barrel soon that's $8 dollars . Down . Nobody will invest in this . The only reason it is going up as far as two dollars over night is because they are making money the same way . And reinvesting . Hoping everybody can see the sharp rise . And reinvest .
Reply
VeryBeginer daniellayton
Well I don't no that much detailed, but what I see is there was a little fight under the point I said, and then another sharp move to down. And I missed the trading :(
Reply
VeryBeginer VeryBeginer
*little fight under the point as I said last night...
Reply
I think the fight is over, bears won :)
OIL BELOW KEY SUPPORT
Reply
Yep. That was a bear week. Lets see what is going to happen following week
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out