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Zemnieks
Jun 01 2017 at 12:01
12 Posts
Brent oil possible irregular correction before C or 3rd wave down, might be massive.

BrownTie
Jun 01 2017 at 14:56
10 Posts
Maybe but for me the price has bottomed out and is likely to start rising

AmDiab
Jul 05 2017 at 06:06
718 Posts
May I know the time frame that you are using? Actually, I see only higher time frames are reliable for drawing support and resistant levels! By the way, the context is showing selling pressure, maybe sell position is okay!

Zemnieks
Jul 05 2017 at 11:37
12 Posts
AmDiab posted:
May I know the time frame that you are using? Actually, I see only higher time frames are reliable for drawing support and resistant levels! By the way, the context is showing selling pressure, maybe sell position is okay!

Time frame was 1h (can be seen on top left corner) i am not using any support or resistance levels.
This post was long time ago, and it actually went down a lot.
As pattern for me it was double zigzag and now it has reversed already.

AmDiab
Jul 11 2017 at 13:50
718 Posts
Zemnieks posted:
AmDiab posted:
May I know the time frame that you are using? Actually, I see only higher time frames are reliable for drawing support and resistant levels! By the way, the context is showing selling pressure, maybe sell position is okay!

Time frame was 1h (can be seen on top left corner) i am not using any support or resistance levels.
This post was long time ago, and it actually went down a lot.
As pattern for me it was double zigzag and now it has reversed already.


Thanks for your reply! Yes, my prediction was also for the sellers & I use PA strategy with support and resistant!

MadBadDangerous
Jul 13 2017 at 12:43
12 Posts
Why don't you use S/R levels?

rob559
Jul 14 2017 at 09:43
1916 Posts
Zemnieks posted:
Brent oil possible irregular correction before C or 3rd wave down, might be massive.



strong possibility that you are right

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