Next Month Scenario

FX:USOIL   CFDs on Crude Oil (WTI)
363 8 11
OIL             is in a Major point which will decide the trend for the next month
the Direction will be revealed for us Next Thursday. So meanwhile
i will shit and watch. here is the scenario:
1. breaking the Major Resistance at number 1 (50.74) is a very bullish sign
and we will go up to Resistance 2 area (58), choppy place.
2. Breaking Down the Bullish wedge first target will be Support A (43.45) next target support B (37.45)
Comment: SIT***
Comment: oil on the trend line , watch if it breaks and to enter watch price action
Comment: We had False Break yesterday and Trade still not Active
Comment: we have a Break down , check the closing of the day and enter after confirmation from price action . GL
Trade active: FIRST TP 44 AREA

Related Ideas

nice chart
+1 Reply
lol :) shit !!
+1 Reply
anyway, i expecting scenario 2, since we can see rising tops on price, and falling tops on RSI
+1 Reply
DiaTronik suncitysy
expecting that . i will be shorting on resistance 1 with a tight SL
this is very funny typo
+1 Reply
SIT *** :D
i think that you MEANT----SIT and watch...not SHXT and watch. Have a nice day.
cheers for the remark , that a BAD mistake :)
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