crudeforex1

crudeforex1

looking for a small push up to top of the M wave. if market follows trend we could see it push up to the trend line and wait until NY session. during NY session looking for a drop in DXY and an increase in Eur. current status and plan is to take small profits to build account. will look for a push up to the trend line marked. with a retracement to new lower lows....

crudeforex1

New to this. So I apologize in advance. But from what I can tell based on my analysis is that we have tested and retested support. So based on that and the strength of the euro coming into this week with the dollar falling short and the extreme bearish movement at months close. I believe the only option at this point in time is for bulls to drive it up.

crudeforex1

Possible reversal after consolidation. Market will bounce either after consolidation or drop to the 50% and bounce bull.