goodguy
Long

Another bullish day for oil

FX:USOIL   Crude Oil (WTI)
253 4 6
On my recent posts I suggested oil             will likely have a deep correction to .78 or even to 1.0 (ie a double bottom). In the last few days the closes are all near .78 and the lows at .84 retracement. Late today we had a big pop up in oil             . with another bullish candle on the daily chart and a break of the downtrend line on the 120 chart. So I am now long with the stop below the previous low < 37.73. I would not be surprised to see some pull back tomorrow to give a good entry point if you are so inclined. Make you own judgement as this is just the way I see it. Take care. Have a great weekend coming up. Goodguy.
Good call, goodguy!
Reply
goodguy PRO coolingla
a year ago
Thanks for the feedback.
Reply
KVE PRO
a year ago
Going good so far, let's see how it develops. Thanks for sharing.
Oil (WTI): 7 bearish candles!! Harmonics and trendline re-test..
Reply
goodguy PRO KVE
a year ago
Thanks for the feedback and sharing your work too. Have a great week.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out