andberg

andberg

Bearish divergence on USOIL Would be more powerful if closing lower than previous HH +Another bearish divergence in formation

andberg

Testing new pitchfork Will found soon if valid or not

andberg

thepatternsite.com

andberg

USOIL stopped at 42.02$ resistance Didn't reach ML pitchfork Hidden bearish divergence on MACD see below

andberg

Look at the pitchfork

andberg

From pitchfork parallel 0.618 fib to median line Also resistance on one LL Is the area highlighted could be a bull trap? Comments are welcome

andberg

Switching from one pitchfork to another Possible uptrend

andberg

H&S In formation

andberg

Just a remark here USOIL never closed below LL 32.70 on monthly basis It could become a target in actual down move Major support

andberg Updated 

Obviously the 0.500 fib // didn't hold Short to SL line Previous HL at 35.94$

andberg

See that channel between pitchfork // 0.5 fib ratio If validated we can go to previous high at 41.87$ Also a small falling wedge

andberg Updated 

Except for resistance at fib 0.618 or near previous support at 42.02$ Pitch fork suggest we could reach previous high near 50$ Indicators are still showing some power In case of correction we could return to fib 0.5 or near previous LH at 38.36$

andberg

Possible short if price brake down from rising wedge Careful with short time frame, rising wedge is more efficient on longer time frame

andberg

Fib target 0.382 to 0.618

andberg

Bearish divergence on SPX500 MACD

andberg Updated 

Bearish divergence on USOIL

andberg

After valid AB=CD Weekly Channel is solid and clear Daily Breaking it up will confirm new uptrend

andberg

0.236 should be an easy reach at 35.80$ Currently holding my position SL 27.52$