Regis18

Regis18

Weekly chart might form a right inverter shoulder to complete an inverted head and shoulder pattern. Rsi might bounce in level 40 level if it will move lower then might bounce and create the right shoulder. Will see this week if this will materialize.

Regis18

Possible a h&s pattern in the making if this extended right shoulder fall sharp. Looking at its RSI, it slowly falling making the pattern more possible. Will see this week if it materialize.

Regis18

Looking at its RSI, it seems bearish. The only indicator holding oil is its 50MA, but can it still hold if it touches there again given the pattern of its RSI? Will see this coming days.

Regis18

A deadly bearish divergence is arising. Higher tops. While rsi first top is at above level 70 while the second top is below it. Possible a bounce at 50MA if it falls

Regis18

Will see this week if 50MA holds. If not, a more lower downfall will be expected. Chart also has 3 higher high tops while rsi indicates 3 lower higher, a possiblity that price might fall further.

Regis18

Is this the sign bears are looking for? Rising wedge and falling rsi level may be a good sign for bears. Will see if there will be a massive fall on it to confirm it.

Regis18

Possible a H&S pattern. Rsi level is weakening and this may trigger to make its price level fall. Will see if this level will hold or will breakdown.

Regis18

Next week will be a make or break. If next week candle is strong then we break 50ma and rsi level break above level 50 posting to a more bullish form. But if recent fall will affect next weeks performance then this candle is still at risk of not breaking 50MA resistance.

Regis18

Will the recent massive fall will stall the recent breakout from high? Last time 4h support holds well for a bounce. Lower timeframe should establish strong support to evade another massive fall. But if next week, and the candle is strong, we may see a rally after this breakout and confirm the breakout. Trade at your own risk

Regis18

Lets see if 50MA is strong enough to revive falling natgas price. If this level fall. We will see a more deeper fall of price. Making the commodity bearish for long term.

Regis18

Looking 4h chart might indicate yes as it is posting a possible quatruple top while RSI level is declining top. If this materialize, natgas will surely falls deeper

Regis18

Will see if this level holds. If this level breakdown we might see deeper fall. Possible next support at 2.784

Regis18

A possible h&s pattern. Will see if it holds. If not then a deeper fall is coming up

Regis18

bband still holding but until when? 9ema is squeezing in to the price and bband, we will see which one will prevail. RSI level is still neutral no sell signal but it is moving downward. level 50 should hold and bband, and we might see another upward movement.

Regis18

Will see this 4h if it will confirm the double top. Dollar also have the factor of this decline.

Regis18

Left shoulder is already formed, head is on its way if it falls further, then a bounce to form right shoulder. all indicator shows bearishness from bband, 9EMA and RSI level. Watch 1.95 level, might be a bounce level to form a right shoulder

Regis18

Breakout from inverted H&S and BBand. Will see if its run away breakout or it will face a hard resistance at 2.886. Break above it will be a clear sky ahead. RSI enters above level 50 so this will help give its momentum upward.

Regis18

9EMA should be the immediate support for this chart if it is a v pattern. Break below 9EMA will send the price to 50MA, the nearest support.