Oil Algorithm (Weekly Chart Generation 1 Simple Model). 20 MA and Fibonacci support test in progress. See notes. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Support test on the go here with oil in down draft last week and now testing the 20 MA it has been in an uptrend with.
If oil trade loses the 20 MA (light blue) look to the Fibonacci support below (horizontal line) and if it loses that look to the 50 MA a far ways down as main support (purple).
Any questions send me a note anytime.
Peace.
Curt
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Support test on the go here with oil in down draft last week and now testing the 20 MA it has been in an uptrend with.
If oil trade loses the 20 MA (light blue) look to the Fibonacci support below (horizontal line) and if it loses that look to the 50 MA a far ways down as main support (purple).
Any questions send me a note anytime.
Peace.
Curt
Register to free email list for trade set-ups, webinars, special events: compoundtrading.com/contact/
Website: compoundtrading.com
Free chat room: discord.gg/2HRTk6n
Subscribe: compoundtrading.com/overview-...
Twitter: twitter.com/CompoundTrading
Lead Trader: twitter.com/curtmelonopoly
Tradingview: www.tradingview.com/u/curtmelonopoly/
Facebook: www.facebook.com/compoundtrading/
StockTwits: stocktwits.com/compoundtrading
Email: info@compoundtrading.com
Compound Trading Platform: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, #Crypto ($BTC Bitcoin, $ETH, $LTC, $XRP) $DXY US Dollar and Swing Trading Newsletter. Live trading room. Private coaching and live alerts.
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New World Ecosystems of Decentralized Finance
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New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto