My Oil forecast. Be prepared for a huge move in it. Good trades for everyone.
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Pay attention to the trade name: "Oil: From line to line". Looks like we are closing to bottom line now. Excellent possibiility for buying with 60 fast targets. However, being prepared for possible shot down till 47-48. However, if we are waiting for deeps too long we could miss a trade and possibility. Thus final gab to 50-52 would be excellent for aggresive buying. A collapse feeling that it is going to fall till zero and fear of buys always good for turnaround. Experience tells thats such moments are excellent for Longs. Look if we have such at this week.
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LONG! LONG! LONG! RED LINE WAS REACHED!!!
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Look like 47-48 ahead. :(
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Worse, that is 42-44 possible now. 50 was broken too fast, no resistance from a Bulls. However, not cancel this idea yet.
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37-38 is also possible in my opinion till the end of a month. Be prepared if Bears wins.
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Still no enough arguments to close a trade. Keep watching carefully.
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If you jump in and out, you loose for sure. I prefer to loose because of wrong direction but not because of bustle moves.
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Awaiting of 47.77 now. Very important level.
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The dangerous asset. A rigorous risk management is mandatory.
@Gerel, I personally suppose that not yet. Final gab to 50-52 would be excellent. Need a collapse feeling that it is going to deep to 10-20 and fear to Longs. Experience tells thats such moments are excellent for buy.
Gerel
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#2, may be #3 is coming
UnknownUnicorn163516
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@Gerel, I have prepared for #3 from the beginning but there is #2 move is also possible. However, still being fully confident in tp.