NYMEX:CL1!   Light Crude Oil Futures
Too much evidence is accumulating that hints a short in crude. This fib fan has some history and the importance of its angles has been proven. We have now a clear resistance on the 0.618 angle and momentum and volume also peaked. The long term target is on the 0.5 angle with good possibilities of continuing further down.
On the 4h time frame there is a head and shoulders pattern developping and if neckline breaks, target is around 61.

Good luck and thanks for your comments.
Kommentar: Angle retest. Note the daily RSI divergence.
Trade geschlossen: Ziel wurde erreicht
what do you expect next
Antworten
@nadash72, Not so sure, I guess more consolidation in this area. Check $DXY I think it's playing a major role.
Antworten
Excellent work as always sir!
+1 Antworten
purpurato59 PRO smitheric1970
@smitheric1970, Hey thanks ! Let's see how it plays, it will be a long journey.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden