Brent

Jun 01, 2017 at 12:01
Vistas 493
6 Replies
Miembro desde Oct 30, 2015   posts 12
Jun 01, 2017 at 12:01
Brent oil possible irregular correction before C or 3rd wave down, might be massive.
Miembro desde Jun 01, 2017   posts 13
Jun 01, 2017 at 14:56
Maybe but for me the price has bottomed out and is likely to start rising
Miembro desde Apr 18, 2017   posts 718
Jul 05, 2017 at 06:06
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!
Miembro desde Oct 30, 2015   posts 12
Jul 05, 2017 at 11:37
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.
Miembro desde Apr 18, 2017   posts 718
Jul 11, 2017 at 13:50
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!
Miembro desde May 15, 2017   posts 12
Jul 13, 2017 at 12:43
Why don't you use S/R levels?
rob559
forex_trader_29148
Miembro desde Feb 11, 2011   posts 1916
Jul 14, 2017 at 09:43
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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