The_Cannalyst

Classical 1-2-3 ?

Lång
The_Cannalyst Uppdaterad   
NYMEX:CL1!   Lätta råoljeterminer
31
Former view:
Is this the Bottom?

Main View:
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 RSI 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 H&S is being formed. Prices above the neckline could interpreted as a BIG LONG SIGNAL.
I have illustrated the possible TPs in my chart


Former Analysis:
IS IT TIME FOR A COUNTER-ATTACK?

We have reached the illustrated fibo-niveaus of my Main Analysis. The bearish Sentiment is still present....The RSI weakly signs a possible Rebound - but there is no "real" Signal yet - the rsi only Shows that the Situation is a bit oversold in that timeframe - will we see a dip to 40.5 today? Between 40.5-40.75 i exspect a shortterm countermove .
- 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


Kommentera:
micro-trend-break! The "real" uptrigger is the last valid "2"
Kommentera:
pefect!!!
Kommentera:
yihaaa..reched the "new "2"
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