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BASRAOIL_LIMITED
Sep 13, 2017 6:54 PM

WTI Crude Oil Monthly Chart trading idea. 

WTI CRUDE OILTVC

Description

This is a new update to a previous idea
Reading the chart could explain the whole story!
Comments
UnknownUnicorn1300833
At last, someone interested in the long-term. Monthly chart setting up for a massive upside break (my opinion only, no investment advice intended blahblah) 1) momentum about to break through 0 with its MA following it first time since 2013 2) Monthly MAs are bunching, always a sign of a big break 3) Mr. C is currently ringing his bell 4) RSI above its moving average and going upwards towards 50 - this will probably coincide with an upper bolly break, then we get the big boing 5) RSI trendline break is c.48ish which we are moving towards

This is free advice and therefore worth what you pay for it, however if it works out all praise gratefully accepted....Now, what goes down when oil goes up? Answers on a postcard please
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