Wyckoff Accumulation, Crude oil, Once again, same fractal from..

https://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method

Once again, fractals always re-occur.
The green line is a Wyckoff structure from 2014 Nov. (and not 2015 April as I stated in the chart)
Downscaled and resized, still, a fractal is a fractal.
Hope you enjoyed this visually.

Good luck trading, and as always, be safe.

Kommentera:

Seems like PA is going down and we're not finished with Phase C yet, if PA keeps dropping then we might go for a test, with eventual spring to the downside. Watch the price closely as the coming days will be very volatile.
As Bruce Lee used to say, be like water, my friend.

Kommentera:

SOS(Sign of Strength) Confirmed.

Kommentera:

This is getting ridiculous. We might still be in Phase C and Spring below 50 might be in play.

Kommentera:

Spring happened later on, Tested above and rallied off til Soleimani incident happened. What a time to be alive.