stvnj

stvnj

My long was good, but we are at a level to take profit.. WE could head further up, but I feel with the new moon around the corner and rsi looking divergent.. we might head down to re test the lower zone once again..

stvnj

still expecting more conxolidation

stvnj

Oil moving into consolidation. Looking for something like this

stvnj

Oil to contintue long up to next resistance area

stvnj

50 % fib trace and clone levels are reacting nicely

stvnj Updated 

Looks like a retest of the channel breakout

stvnj

I believe oil will play out something like this.. possible nested variations of a expanding triangle here, We will have to watch levels to place trades.

stvnj Updated 

buy between now and full moon, looking at target eith the star on the 24th( around about) with the new moon.

stvnj

I believe this is the channel we are in

stvnj

ok, this is me testing out a bit of a wild theory based on moon phases and lines drawn off those moon phases combined with price trend lines.. If these are correct, bottom will be in around the 9th and top will be the 24th of march.

stvnj

solid support, currently in channel, will go long on bounce over 49.50

stvnj

With demand dropping and the economic impact of the corono virus, could we see $20 oil in 2020/2021?

stvnj

Support on 4hr rsi. Odd pattern shape, but an easy place to put a stop in.

stvnj Updated 

chance to catch a sneaky long op here on #usoil #wti Check out the 4h rsi support for clues

stvnj

my theory for the rest of 2020 to 2021 if 50.50 holds this year

stvnj Updated 

OK, so this is more of a trend continuation. Maybe this is a bit crazy, but i still feel price will move higher for a few more weeks. very simple. 1 - New moon usually signals a continuation of the main trend. 2- hidden div on rsi 3- resistance from channel. It may pop just below and will get bought back.

stvnj

So oil is going to continue south, im waiting for a pull back to short.. Here is an example of the macd setup i sometimes use. I will for a pull back, the histogram and ma lines will reach a point above the previous 2 macd highs, breaking the trend and creating divergence.. i will short crossing the zero line and see where it takes us.

stvnj Updated 

OK ,OIL appears its in a ascending channel. woul dlike to see it broke and then possibly see buying at the edge of the wedge up(daily) if we break, I will hold short and add more.