Glitch420

USOIL. P-Modeling PT V2. Inverted Springs of Cajun Oil

Short
TVC:USOIL   CFDs on WTI Crude Oil
Welcome Hyperspace Agents,

This is the second part of US OIL . Part V2.


In order to understand this chart. You must do the following:

- View the ENTIRE Time-Series Analysis.
- View Pt. 1 of the US OIL idea.
-Try and Grasp the understanding of Harmonics and Inverted C&H formations.
-Be open minded.


Please see the snapshots in order. They represent a snapshot progression of the dynamic model being executed. This is called a Time-Series Analysis.

Time-Series Start:

Baseline Snapshot: 1 Week TF.
Inverted cup and handle formation not yet executed.
Dec 6th , 2019
Price $58.25

Next Snapshot: 1 Week TF.
Inverted Cup and Handle formation has been partially executed up to the C & D conjunction of the HANDLE harmonic of the formation. Formation Validated.
March 26th, 2020
Price $23.79

Next Snapshot: 1 Week TF.
Inverted Cup and Handle formation EXECUTED. Past lowest linear conjunction of Handle.
April 20th,2020
Price $14.85

Next TWO snapshot: 1 Week TF.
Inverted Cup and Handle formation Executed. Full cup pour to $0.00 and oil goes (-) on some exchanges.
April 20th, 2020
Price $13.61
& Oil goes to 0.

Now let us fast forward to the rebound dead-cat.
We create a harmonic exit pattern, leading into new bull-run for oil .
Sept 1st, 2020
Price $43.06

I thought, why not a nice double bottom inverted spring to set us off the cajun way.
We begin 2nd crash of oil .
Sept 8th, 2020 (posted date).
Price: $36.46

________________________________________________________________
You can find all the original snapshots here:
Please view PT 1.

Snapshot Time-Series Analyses are very hard to refute. Because the proof is in front of you. No numbers. No guessing. Simply View the evidence in picture format.
Area of Interest was confirmed in PT 1.


Target for this drop is $11 stable on US OIL .<---
WTI OIL will also drop to a TP of 0.11 cents.
Idea here :
Covid-19 Wave Two.
Dropped demand.
Complex Supply availability due to weather.

May even see a flash crash to 0$ again..

Who knows..
Not I said the sheep.

Thanks for Pondering the Unknown with Me,
Glitch420












Trade active:
Trade active:

Comments

Solid view, buddy!
What do you think about my analysis?
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out