Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
We have a Bullish 3 Line Strike at the PCZ of a Bearish Alt-Bat on this Bullish ETF for US Crude Oil and are showing Bearish Divergence after taking out the Price-Action of more than 3 of the previous Bullish Days with one Bearish Day this signals to me that the major Bearish reversal is about to begin. On a side note the MACD has crossed Bearishly.
Hello Investor, After a big fall, the OIL ETF presents an excellent BUY opportunity. Yesterday, the DBO close's created a bullish hammer pattern. The target is the close the GAP. The stop loss is right bellow the hammer's minimum. Good trades, Lucas Sampaio ___________________________________ Olá Investidor, Depois de uma grande queda, o OIL ETF apresenta...
Some will argue that Oil bottomed in 2016 and the C wave was completed there and then and we have now embarked another bull run. This count however suggests that there is in fact another leg down to be completed. As ever, time will tell.
Oil showing divergences on the 3.10 oscillator, on its lowest lowest, perhaps a reversal here.
I think it's time to start buying oil. We are seeing the market start to show some signs of finding support, as price has been fairly rangebound over the past week -- and even managed to include some bullish pin bars. Fundamentally, I think it's a good value buy as well, as I believe current costs are below production costs for many companies, and significant...