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MarioLeb
May 28, 2016 11:16 AM

Next Month Scenario 

Crude Oil (WTI)FXCM

Description

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
Comments
Swing_Trader
nice chart
Swing_Trader
lol :) shit !!
TradeFx4Fund
anyway, i expecting scenario 2, since we can see rising tops on price, and falling tops on RSI
MarioLeb
expecting that . i will be shorting on resistance 1 with a tight SL
TradeFx4Fund
LOL
this is very funny typo
MarioLeb
SIT *** :D
Anbat
i think that you MEANT----SIT and watch...not SHXT and watch. Have a nice day.
MarioLeb
cheers for the remark , that a BAD mistake :)
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