Since beginning of MAY every time the market cross below 60.00 it went to the nearest resistant or support but on the 20 first of MAY the market crossed above 60.00 but did not reach the nearest resistant because of RSI hit its max levels since last drop happened on the price as shown on black line number 1, nonetheless the market found TLR at that level (60.90)
USOIL Market Did Not Continue Its Path Toward Nearest Resistant Level at 61.60 Which Represent Nearest Resistant Rather It Flips Below 60.00 Heading Toward Nearest Support At 58.00 and Further Declined Happened Toward Next Major Level PS1 At 57.50, That Been Said A New Level Now At Market Execution, Which Means The 57.50 Now Acting As Pivotal Level, As You Can See No Any Technical Level Could Hold Bears Power There, Then Why This Market Moved Up Strongly And Reached The Highest Level Of May, I Mean Why It Did Not Only Retrace Then Continued Lower Big Question Mark ???
This Is A Typical Scenario For Stops Or Target Where Hit ( THEY WANT TO MAKE HUGE ORDRS TO FLOW INSIDE THE MARKET WETHIER IT IS MARKET EXCUTION OR MARKET ORDER) After That We Will See A Strong Move May Happened Toward 55.00 Or 62.50 Dollar, Which One Do You Favor !!
They Did Not Stop At That Point As Shown Into My Chart They Did Manipulate the Market another Time Which Means There Is Too Many Order Left Off With Out Execution , They Have To Execute Them All In Order To Provide More LIQUDITY When Your Portfolio Came Zero ( LIQUIDATION ) ((IN THIS WAY THEY PROVID LIQUDITY))
So I Advice You Guys To Trade Safe Because A Strong Move Is Near , TRADE SAFE …
PS: For Those Guys Who Follow Me And See My All Post And Know My Trading Style This Analysis Will Be Easy For Them And The Will Take Orders Based On What Mentioned Above, For Those Guys Who Is Knew To My Trading Style Please Do Not Hesitate To ask Me Any kind Of Question
USOIL Market Did Not Continue Its Path Toward Nearest Resistant Level at 61.60 Which Represent Nearest Resistant Rather It Flips Below 60.00 Heading Toward Nearest Support At 58.00 and Further Declined Happened Toward Next Major Level PS1 At 57.50, That Been Said A New Level Now At Market Execution, Which Means The 57.50 Now Acting As Pivotal Level, As You Can See No Any Technical Level Could Hold Bears Power There, Then Why This Market Moved Up Strongly And Reached The Highest Level Of May, I Mean Why It Did Not Only Retrace Then Continued Lower Big Question Mark ???
This Is A Typical Scenario For Stops Or Target Where Hit ( THEY WANT TO MAKE HUGE ORDRS TO FLOW INSIDE THE MARKET WETHIER IT IS MARKET EXCUTION OR MARKET ORDER) After That We Will See A Strong Move May Happened Toward 55.00 Or 62.50 Dollar, Which One Do You Favor !!
They Did Not Stop At That Point As Shown Into My Chart They Did Manipulate the Market another Time Which Means There Is Too Many Order Left Off With Out Execution , They Have To Execute Them All In Order To Provide More LIQUDITY When Your Portfolio Came Zero ( LIQUIDATION ) ((IN THIS WAY THEY PROVID LIQUDITY))
So I Advice You Guys To Trade Safe Because A Strong Move Is Near , TRADE SAFE …
PS: For Those Guys Who Follow Me And See My All Post And Know My Trading Style This Analysis Will Be Easy For Them And The Will Take Orders Based On What Mentioned Above, For Those Guys Who Is Knew To My Trading Style Please Do Not Hesitate To ask Me Any kind Of Question