On 4 hour chart i beleive this are triangles,
they are usualy found on end of correction or part of correction,
in theory (i am beginner and learning)
Other than that I beleive that short term chanel is pierced and it will go up...
Please comment
Comment:
Figured out that i am an idiot...
Analyzed wrong symbol this is WTI not CL1! :(
Fortunately all is the same with CL1! (more or less...)
Fortunately they will go together so there is no real problem...
Analyzed wrong symbol this is WTI not CL1! :(
Fortunately all is the same with CL1! (more or less...)
Fortunately they will go together so there is no real problem...
I believe, and hope that Oil will go lower (long term)
but at this moment I will be going Long for Monday if there is no big weekend gap...
Expecting rise Monday and Tuesday