WTICOUSD long entry level now. I was looking forward to reaching the entry level. Technically, the time has come. I will be looking for a long entry into the first M5 rising wave structure.
Surly many if not all have to give up trying , and then and only then we cab scope it up
meszaros
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@fatboy007, The movement was identified. It moves according to its 1W time frame rule system. Therefore, my position is likely to be lost. However, if 1W is true, I don't think it will reach 42usd. Because the so-called "ATR order" at 1W is not a pure short, so the turning level is given by the 1W ATR extreme value added to the ATR closing value, which can be 49usd.
fatboy007
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@meszaros, i THINK you are absolutely right , but 42 is extreme possibility.
meszaros
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@fatboy007, The current analysis was designed for D1 fractal because the ATR of the D1 timeframe was very low. So I couldn't use that data. (When the D1 ATR extreme is low, it reflects a lot of uncertainty in the oil market.) That's why I think traders went for 1W trading.
fatboy007
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@meszaros, system i use identify 4 and 6 as a turning point at the close of on 23.1.20
fatboy007
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@meszaros, 84 to 93 is a real deal and could be here before end of this financial year
fatboy007
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@fatboy007, as long as we close February above 69 and change
meszaros
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@fatboy007, Yes. It is always very difficult to find the ideal turning point. But in the target price we agree :)
fatboy007
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42-45?
fatboy007
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hi, are you still looking for long entry around next Thursday ?