Every time there are 2 consecutive highs or lows and a stochastic (14,3,3) divergence, Crude Oil always turns its direction.
So brace yourself Bull is comin'
Bearish trend confirmation arrived on NATGAS
Triangle pattern (continuation) broken. Enjoy the bull
Idea not valid if price fall under 1180.2 level
trade the rebound on 4h EMA20 (.786 fib level)
Sell flag breakout
huge movement soon on crude oil.
usually pennant is continuation pattern so
70% bull chance
30% bear chance
Trade the rebound after wedge broken
Trade the rebound following your strategy
Price broke and retested the trend line. Time to short to dotted line
trade the correction wave to channel bottom (.5 fib level)
Buy the breakout&retest of this pattern
2 important levels to watch that will decide about crude oil's future trend
short inside this bearish channel to 49
low volume breakout on point 4. price re-entered in the channel. sell to channel bottom or wait the breakout in the opposite direction
I hope you enjoy this tutorial about Wycoff's Springs and Upthrusts with entry spots
awesome short opportunity at the end of 1-5 wave
How to trade rising and falling wedges