- i am not a friend of anticyclical counter-trades - so i stay flat and Keep on watching.
Dear Followers - i am really interested in YOUR views, YOUR ideas, YOUR Patterns-
Comments are welcome agree or disagree THX
Still seems ...next shortterm target 42,3$?
After the in my former Analysis exspectet break of the 44,5$, the downtrend and momentum accelerated..
Shortterm view: Smells
Shortterm view: Oil reached an action point @ 44,5. For me it really looks ..the only thing that makes me thinking of is the oversold ..because of the oversold situation i have illustrated the alternative way of my view (orange arrow). Prices below 44,5 are - the tp copuld be 43$
Comments are welcome - agree or disagree !
Can this be true? Dez 2016: 75$ ???
What do my tired eyes see?? Isn`t it a big bottom pattern in form of an exemplary H&S?
The signs, that there is still a bit air on the downside. A dip back to the 38,2 fibo @ 41,92$ would be great. A dip to the 0,5 fibo normal and a dip to the 61,8 maximal.
If this level would be bought, a is being formed. Prices above the neckline could interpreted as a BIG LONG SIGNAL.
I have illustrated the possible TPs in my chart