andberg
Short

20150916 USOIL flag continuation?

FX:USOIL   Crude Oil (WTI)
41 4 6
flag area

comments are welcome
dionvuletich
a year ago
Good Call, not sure why I'm not in it yet =)
Reply
Hey Andberg, where are you saying we are short from? I'm still hoping for the pop to 49.
Reply
andberg PRO smitheric1970
a year ago
snapshot
Reply
andberg PRO andberg
a year ago
there is 2 pitchforks that may take our attention, first one from Anchor point outside picture is 107.64$ 20140609 connecting to swing low 42.01 20150318 and to swing high 61.54$ 20150624 follow that upper median parallel making first resistance, we are actually just Under it since 3am this morning. Second pitchfork is from Anchor point 54,21$ 20150203 to SL 42.01 to SH 62.56$ 20150506, the medianline is making another resistance never broke in actual flag formation. theory about pitchfok say that 80% of time when price touch line it will reverse until next line wich is in this case could be lower median line parallel and major trending line and support at 37$ area. In conclusion,FULL bullish over the flag, bearish Under medianline, VERY bearish Under the flag
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out