KatlehoMaleka

Oil short opportunity.

Short
TVC:USOIL   CFDs on WTI Crude Oil
This is a follow up on my previous analysis on Oil . This is it on a lower time frame and my view has not changed at all. Looks like it is still has some upside to go, but according to my analysis, that will be short-lived. We have a bearish cypher pattern and bearish gartley pattern both completing at $73. If you remember from my previous analysis on the higher time frame, we have a possible Head and Shoulders , my view now is that the right shoulder is most likely going to complete at that 78.6. Either way, I am bearish on Oil .

Comments

bearish too
+1 Reply
Surprise surpsie, you redrew your graph just like I said lol
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"WTI Crude Oil" -- and -- "Market Indicators" -- Three Examples Listed Below
#1 - Stochastic = Stoch
#2 - True Strength Indicator = TSI
#3 - Ulitimate Indicator = UO
Some numbers to use wth these "Indicators" listed below
These Numbers will also work with other "Indicators" -- and -- "All Markets"
17 - 33 - 42 -- and -- 42- 33 - 17
42 - 17 - 33 -- and -- 33 - 17 - 42
33 - 42 - 17 -- and -- 17 - 42 - 33
These numbers may or may not help with your trading decisions
Monthly - Weekly - Daily - to one Minute Charts if you like
For information only -- "Education Only" -- 9-21-2018

"Born In The U.S.A."
"One Eye Jim"
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