Oil has broken double bottom's range top triggering a buy and is retracing . Next possible long entry is near .618 FIB.
Comments
dojitrader
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I'm curious about your chart . . .
The price of oil is back into the 40's, but,
the right hand column of your chart shows 26.40
up to 27.10, What am I missing ?
Thanks for your thoughts !!!!!!
littleriver
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HI Thank you for pointing that out. The VWMAs are causing this to print this way since no volume data is available for chart.. They should have been left off chart. Thanks again!
The price of oil is back into the 40's, but,
the right hand column of your chart shows 26.40
up to 27.10, What am I missing ?
Thanks for your thoughts !!!!!!