TVC:USOIL   CFDs on WTI Crude Oil
328 2 6
Long term view of WTI. Bukowski Patterns.

Break out would suggest a complete reversal.
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.
Comment: We have one confirmed daily open/close above the break out line. Look for longer term reversal.
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.
Complete reversal to the up or down side?
Reply
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.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out