Sonic , the bottom For descriptions jump to previous charts, explained more about the idea that we’re at the bottom and why we might go up , the almost one year of red candles is crazy but that’s the situation with almost all the alts , now if you can’t handle few x to the cellar how do you expect those 10xs ? Lol
Let’s remain calm and observe. Right now we are in a crucial support and I hope it does hold and be a good one and let us go up , it does looks like a break down but as I remember previous cycle breakdowns like this are fake .
FT
Where market go next week? Whats happening with WTI? WTI last 2 day goingup. but i thing this is not a new trand this is just correnctio for new huge move down.
Have more reassons for SHORT WTI.
First is Iranina back in Market oil after 36 years. Iranin Selling 1.4 million barrels a day on average in 2014.
Tehnical analysis: Elliott : have 1 impuls 0-1 ; 1-2 is corective ABC ; 2-3 impuls is not to much longer 0-1 and very possible 5 impusl be extended.
So we wait a correction for new short order. Hisctorical Resistanance 1) Strong res : 43,5 - 38.0
2)Other : 40.0 - 34.50
3) Fibo : 32.90-36.0
Wait this prices for new order.
Happy Trading!


