- Yesterday WTI printed a doji-like HA candle with both upper and lower wicks and haDelta crossed below SMA3 - Today we have a confirmation in form of a red HA candle and haDelta+SMA3 further down, may dip back below zero line. The Oscillator turned to bearish again. - How the weak Tenkan/Kijun bullish cross as a support can hold now is a question, such as if we see a lower low, or if the next dip lasts only until 47,50-48,00. - The Kumo is thick above Price, we are very far away from a longer term trend reversal. We will either see the bearish trend resuming, or we see a bottom building and consolidation.
For now small shorts recommended again. Let's see what the next low will be.
Comments
Krio
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It looks like Kijun Sen stopped the dip and now reverses to bullish again. IMHO the question is now the inner trendline. Also the chiko span is making a cross above the candles 26 days ago. Can it be further bullish signal?
Kumowizard
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You r right. There was no follow through below 49.
tshah7
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"We see either bearish trend resuming or We see a bottom building" . Whats third possibility ? You Stupid $1 Analyst.
Kumowizard
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Third possibility is you do not follow me and trade your own way. Or maybe you can check my other previous posts. If you do not understand what I mean in this post, that's your problem, not of those who do know something about my concept and calls.
p.s.: goen'
tshah7
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You stupid , You added "For now small shorts recommended again. Let's see what the next low will be." after my comment. I hate people showing off fancy charts , who don't even know Mathematics, Derivation, Integration, Price Movement. Just fool other people with free softwares. Idiot stop playing with other people's mind. If it hits,"yay , I told you" , if it doesnt " Its under my 30% Loss Strategy , You can't be right all the time"
Kumowizard
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I think everybody sees who is idiot here. no more comment. Why r u so frustrated? :-)