Light Crude Oil FuturesUpdated OS#6 CRUDE OIL FUTURES, DRAFT 1
I WANT TO GET THIS UP FIRST, AND WILL WORK ON IT MORE LATER.
Notes: This is 6-day bars (2-day basis), take it with a whole can of kosher salt. The point here is that the purple wave dictates price until price gets in front of it AND THEN passes the retest that is 30 months (2.5 years) out. The reason for this draft is so we can get on the same page before Draft 2 zoom in. Will add notes with time.
Notes: This is 6-day bars (2-day basis), take it with a whole can of kosher salt. The point here is that the purple wave dictates price until price gets in front of it AND THEN passes the retest that is 30 months (2.5 years) out. The reason for this draft is so we can get on the same page before Draft 2 zoom in. Will add notes with time.
Note
So here is first zoom at 2-day bars (2-day basis):Note
So? It's the same chart, only colors has changed bc we moved to 2-day bars instead of 6-day bars. What's the point? For more zoom ins, but keeping the same overall thesis. Will update with time.Note
Oil on the short term, nothing interesting:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.