ANALYSIS ON 1D CHART --> GAPS WHICH NEED TO BE CLOSED since 2018
Hi,,,
Today I would like to talk about LONG TERM TRADE and GAPS on 1D chart for WTI (West Texas Intermediate):
1) 1D CHART is NOT for everyday trader (it's NOT for everyone - it's pretty much for MILIONAIRES) and on LuxAlgo the candles are all PURPLE ---> so nothing IMPORTANT is happening.
2) EVERY GAP MUST BE CLOSED SOONER OR LATER ---> THIS IS HOW THE MARKET WORKS!!!!
3) a small SUMMARY of ALL GAPS since 2018:
a) 65.00 ----> 54.00USD (March 2018)
b) 65.00---->61.00USD (October 2018)
c) 55.00---->62.00USD (Septemeber 2019)
d) 56.00----->60.00USD (Debember 2019)
e) 41.00---->32.00USD ( MARCH 2020!)
For 2 years there was NO MORE GAPS and NONE of the previous ones were closed.
As you can see there are quite allot of gaps to be closed (last GAP WAS 2 YEARS AGO!) so THE PRICE MUST GO DOWN! To CLOSE THE GAPS!
AND THEN ALL UP!!!!! Because there is NOT too much Crude Oil left on The Planet. :)
Today I would like to talk about LONG TERM TRADE and GAPS on 1D chart for WTI (West Texas Intermediate):
1) 1D CHART is NOT for everyday trader (it's NOT for everyone - it's pretty much for MILIONAIRES) and on LuxAlgo the candles are all PURPLE ---> so nothing IMPORTANT is happening.
2) EVERY GAP MUST BE CLOSED SOONER OR LATER ---> THIS IS HOW THE MARKET WORKS!!!!
3) a small SUMMARY of ALL GAPS since 2018:
a) 65.00 ----> 54.00USD (March 2018)
b) 65.00---->61.00USD (October 2018)
c) 55.00---->62.00USD (Septemeber 2019)
d) 56.00----->60.00USD (Debember 2019)
e) 41.00---->32.00USD ( MARCH 2020!)
For 2 years there was NO MORE GAPS and NONE of the previous ones were closed.
As you can see there are quite allot of gaps to be closed (last GAP WAS 2 YEARS AGO!) so THE PRICE MUST GO DOWN! To CLOSE THE GAPS!
AND THEN ALL UP!!!!! Because there is NOT too much Crude Oil left on The Planet. :)
