30/12/2019 WtiOil Rate from Support Level at 60.05 Is considered at h4 Bar Uptrend Resistance Level is set at 65.40 Uptrend Mode.
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31/12/2019 Early Morning - WtiOil New Support Level at 61.18 Before A Return to Higher Pricing Uptrend Target 65.40
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7/01/2019 WtiOil Rate - Target Reached at New Term High 64.66 - Estimate was given at 65.40. Current Spot Price 62.84 Resistance Level 63.24 Nearest Support Level low is set at 56.93 & 56.17 Downtrend Mode.
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Important Notes : Can you see how trading ideas or trading to rules - Come`s into play as the charts extend more and more relevant data which is needed in order - So we can qualify the charted picture to outcome Or drawing in the bigger picture then ? So much more quickly & clearly whilst the trends are establishing themselves.
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08/01/2020 WtiOil Rate - As you all can see - US Oil - Added New High to 65.40 Advised Target High. Advised Trend still in Progress Low - Nearest Support Level & Targets low is set at 56.93 & 56.17 Downtrend Mode.
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Early Evening 08/01/2020 Wtioil Possible Support Level exists at 58.58 - An Attempt to Swing High or Return High is set 61.82 Then down again to 56.93 As final leg within the down-trend stage.
Good call on your downtrend mode for oil, awaiting next suggestion. I have longs near 63, was part of hedge, account was in trouble with iran crisis and now closed sells, still holding long positions
Jaypipin
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Good call on 65.4
Still anticipating yours calls with buy entries, target and SL, otherwise its still some guessing on our side, we dont have enough data to understand your calls, some have worked and others price breaks and then you offer new levels so i for one am weary, not easy to just buy or sell at your support levels, anyway thanks for continued insight
UnknownUnicorn5176330
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@Jaypipin,High is at 65.4 - Next Level is Downtrend Mode - Nearest Support Level & Targets low is set at 56.93 & 56.17 - As Given Take Profit
You are the one that would be taking the chance - Is that Market Forecast not clear enough for you - Follow the Daily Trends I have given it to you.
The Nearest Resistance Levels would be at 63.63 - Rate is At Continuation Lower Low Trending Cycle. So Stoploss would remain above 65.40
Do you still find confusion in what I am saying ?
Jaypipin
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If we reach your 65 area would be sell of a lifetime, some are calling 40 level from november.. see vermeulen and osher elias. Timing is off but they expect 10+ usd drop soon.. indices will follow
UnknownUnicorn5176330
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@Jaypipin, 56.93 & 56.17 is the Lower End Targets - Forecast & Analysis through Forexcandles.
Jaypipin
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Hello FC, happy new year to you, best wishes for health and success. Thanks indeed for considering and providing a revised view of your trade calls, easier to follow hope it helps us all this year to our trading success. Cheers..
MrValueInvestor
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I am bearish and looking new low price.
1. 58.47 as The Half Yearly Settlement.
2. 56.10 as The yearly High STDEV = 56.1
If those zone is fail for bull.