USOIL: This should be the bottom in oil

מעודכן
I'm entering longs on strength, once we break out from the linear regression channel here, the long will be safe.
The options expiration support level and the yearly SMA give us a some peace of mind as well.
Good luck,

Ivan Labrie.
הערה
This is what I wanted to see, already in profit.

תמונת-בזק
הערה
Now 44.43, looks promising.
הערה
תמונת-בזק

Good confirmation of the up move starting.
הערה
תמונת-בזק

Good reentry...
הערה
תמונת-בזק

How about that?

This WAS the bottom in oil, I'm 90% sure.
הערה
bloomberg.com/news/articles/2016-11-21/oil-climbs-as-iran-iraq-signal-deal-hope-before-vienna-meeting

...headlines starting to pop. As expected, Saudis want higher prices, and we're stuck in a range, so, again, buying the bottom of the range, against support works.

Now, let's time the exit. That will be tricky.
הערה
Ok, hope someone benefited from my divination. :)
הערה
Sold that one, reentered and now we're cooking with gas.
crudekeyhiddenlevelsOilrgmovtimeatmodeCrude Oil WTI

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
גם על:

פרסומים קשורים

כתב ויתור