Docvaks

Crude: Falling Wedge with Head and Shoulders. Expected timeline.

FX:USOIL   Crude Oil (WTI)
47 4 5
Falling Wedge with Head and Shoulders within the Bigger Pattern. Expect sideways = (some bullish days and some bear days) due to the monthly resistance line. Expecting the Right Shoulder to complete and turn down once Crude comes into contact with the Resistance of the Falling Wedge. Expected price action to complete the Right Shoulder is defined within the chart. Time line is detailed and expectations described. Measured move of the Falling Wedge with a conceptual view/time line of post Falling Wedge Break Out.
Market_Masta
a year ago
What I find interesting is the pull back on the first 20/50 crossover in Feb.
Appears right as they kissed - Crude got faded pretty good.
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Market_Masta
a year ago
Welcome to TV Doc.
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Docvaks Market_Masta
a year ago
Thanks. I don't think I'll be posting here much. Between Stock Twits and Grey School I have my plate full.
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08.hari
a year ago
nice..long term vision ..real helping view
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