This beautiful base to me is like Michelangelo painstakingly painting the Sistine Chapel , it'd be a shame to have to start over.
We'll know in the next 2-3 days looks like. Projects nicely to 60+ if the market gods are appeased.
Crude H4. The price make a bearish momentum (MTBA) and currently consolidation in progress in BFZ. Expected to continue bearish. PO sell at 55.14 and stoploss at 55.40. Target profit at 54.08. Risk reward ratio 4:
This is a 10H chart of CLJ2019, which will be trading until it expires the 20th of March. The Gann Box tool is squared to the high & low range of this contract; from the 7601 peak to the 4300 bottom. There are also the 45º and 15º angle lines coming from various highs and/or lows. As shown in the chart, the oil price is currently approaching the 150 day EMA, it...