qero

Simple ABC

Long
qero Updated   
TVC:USOIL   CFDs on WTI Crude Oil
to make it simple, using weekly chart and we see a C bounce up to around $54 in the next 6 weeks. However, the monthly 30 EMA is seating on $52.60 this month, don't expect the C bounce back over this.
so, to make this short

Long now, target $52.60 or less in 6 weeks.
Comment:
in details, the A, 6 weeks, the B, 5 weeks(3+3), and the final C, expect another 6 weeks end on week of Oct 16
Comment:
About Monthly chart update, expecting the 30 EMA on monthly chart, the $52.60 will be the next HUGE resistance and plz don't expect the C will runs though it.
Comment:
Correction: 6 weeks is Oct 9 :)
Comment:
Last week we see high on $52.8, where hits my target within my time frame.

am looking as the correction, and will create new view or update idea later.
Trade closed: target reached

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