WeeklyTrader

WeeklyTrader

Just a pratice, why the pattern a little ugly?

WeeklyTrader

After a three lines break down, there's a potential Gartley pattern formed. Once it came to that level, I think it's a good time to long then.

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Sometimes, the time scale is the King. Just for fun, this map.

WeeklyTrader

How beautiful it is ! Fib 0.618 and 0.786. Nothing more to say. Waiting...

WeeklyTrader Updated 

There is a bearish and bullish Gartley pattern at the same time. You can't tell which side is better. So, ride the wave and enjoy the show.

WeeklyTrader Updated 

How harmonic all these patterns have been! I really doubt the news and data released ever. This is just a pattern review and tesification.

WeeklyTrader Updated 

This is the ugliest sideways pattern ever.

WeeklyTrader

We have some difference for NatGas now... The resistance becomes the support. Watch out!

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There is always a destination of the price.

WeeklyTrader

As we can see, AB = CD nearly complished now. Meanwhile the Elliot wave theory comes to the ABCDE-ABC now, so what's next? Three lines break has drawn a new high. It seems that the weekly regression channel down has been broken. Saudi claimed more reduction of oil. FOMC may not take action until December. Support : 47$ Resistance: 49$ A buddy asked me recently,...

WeeklyTrader Updated 

1. AB = CD nearly completed 2. touch the bottom of the channel 3. a support line from left side

WeeklyTrader Updated 

Although a Three Lines Break was printed yesterday, the resistance posed above is still a hard resistance.

WeeklyTrader Updated 

Really hard to tell the situation now, OPEC is just pushing the price up, what to do depends on US government. The chart shows a resistance here at 51.8, but I'm not sure whether this is the right time to short.

WeeklyTrader Updated 

Down with Oil or just fly up :)

WeeklyTrader Updated 

0.618 Fib support

WeeklyTrader Updated 

Two desperate trending lines...Broken or not today? ?

WeeklyTrader

We got a two lines break in weekly chart. That's a clear signal unless there's another big reveasal. So for the next few weeks, usually there will be more bears. 52.76$ is key line for the coming battle.

WeeklyTrader

Long a 1/5 portion at this level.