goodguy
Long

Follow up on oil

FX:USOIL   Crude Oil (WTI)
344 12 9
Weekly Log. Follow up from post 18 days ago. Breaking out on good volume this week. May make it to the resistance area before correction. Enjoy your weekend.
jangseohee
9 months ago
snapshot

if next 4hour candle ends as the previous candle, then we got a tweezer top ^_^
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jangseohee jangseohee
9 months ago
snapshot
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goodguy PRO jangseohee
9 months ago
good observation but has now moved beyond it.
+1 Reply
jangseohee
9 months ago
snapshot

it worth me going short, with SL
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goodguy PRO jangseohee
9 months ago
I am thinking it likely it forming a small (next day or two) consolidation (trianlge?) before one last move up. good luck.
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goodguy PRO goodguy
9 months ago
also notice that the US dollar dropping today should move oil (priced in usd) up or stabilize unless very bearish news.
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jangseohee
9 months ago
snapshot

snapshot
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goodguy PRO jangseohee
9 months ago
Very interesting. Thanks.
+1 Reply
jangseohee
9 months ago
keep posting, i like your easy to read chart
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goodguy PRO jangseohee
9 months ago
Will do. check out: http://blog.kimblechartingsolutions.com/2016/04/crude-oil-hits-two-25-year-support-lines-and-is-breaking-out/

One post discusses the dollar. The other oil and its momentum.
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goodguy PRO goodguy
9 months ago
Looking at the intraday I could go either way, ie retraction now or later. (that way I'm sure to be correct)
snapshot
+1 Reply
goodguy PRO goodguy
9 months ago
omidmoradi posted a supporting chart to further gains 3 days ago:

oil buy signal
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