JohnBaron

BAR Bottom Reversal

TVC:USOIL   WTI CRUDE OIL
315 2 6
6 months ago
Long term view of WTI. Bukowski Patterns.

Break out would suggest a complete reversal.
6 months ago
Comment: Someone asked me separately about the timing. It's not specified, however Bukoski suggests that a buy be initiated once the daily candle closes above the top line of the parallel channel. I show a few possible scenarios but neither may happen just yet. WTI has come off, touched and retreated, that top purple channel line twice within the last week.
5 months ago
Comment: We have one confirmed daily open/close above the break out line. Look for longer term reversal.
5 months ago
Comment: Well we clearly have broken into the Run Phase. Long term bull run. Expect some pull backs, accumulate. Shorts ought to think very short term.
Wololo
6 months ago
Complete reversal to the up or down side?
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JohnBaron PRO Wololo
6 months ago
BAR bottom reversal pattern is up - the exit is flagged when it crosses the channel - a solid daily candle close above the red line. It may retrace but Bukowski suggests it's in the reversal phase at that point.
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