WtiOil Rate from 57.26 High
21/11/2019 WtiOil Rate from High & Resistance Level 57.26 -
Expected Outcome is that Price will return Lower towards 52.39
As near term Support Level.
As-well further monthly chart cycle lows is seen at 40.44
Is at 70% percent inside bar swing low on the weekly chart low.
Expected Outcome is that Price will return Lower towards 52.39
As near term Support Level.
As-well further monthly chart cycle lows is seen at 40.44
Is at 70% percent inside bar swing low on the weekly chart low.
Trade active
21/11/2019 Late Afternoon WtiOil Make New High at 58.56 Resistance Level then expected Consolidation Effect should begin.Note
23/11/2019 Wtioil Rate -Everyone did the the Chart Analysis 3 weeks ago when - everyone decided on 58.40 as maximum high - At Resistance Level and Pivot Point and Reversal Trend Bar.
Why a change in mind now - don`t be deceived by small swings to compensate further Price Outcome`s - as well lengths against Time Cycles take to materialise towards Forecasted Outcomes.
This is where some traders make the mistake and get into wrong.
By going against long term prior decisions making.
Note
My Last Comment Here. This is last trade here at Tradingview - This is last Live Trading Call at Trading View - I am Closing my Account with this social media site.
Related publications
Disclaimer
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.
Related publications
Disclaimer
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.