Brent
Jun 01, 2017 at 12:01
501 Views
6 Replies
Biedrs kopš
12 ieraksti
Jun 01, 2017 at 12:01
Brent oil possible irregular correction before C or 3rd wave down, might be massive.
Biedrs kopš
13 ieraksti
Jun 01, 2017 at 14:56
Maybe but for me the price has bottomed out and is likely to start rising
Biedrs kopš
718 ieraksti
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!
Biedrs kopš
12 ieraksti
Jul 05, 2017 at 11:37
AmDiab posted:Time frame was 1h (can be seen on top left corner) i am not using any support or resistance levels.
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!
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.
Biedrs kopš
718 ieraksti
Jul 11, 2017 at 13:50
Zemnieks posted:AmDiab posted:Time frame was 1h (can be seen on top left corner) i am not using any support or resistance levels.
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!
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!
Biedrs kopš
12 ieraksti
Jul 13, 2017 at 12:43
Why don't you use S/R levels?
forex_trader_29148
Biedrs kopš
1916 ieraksti
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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