Oil completed an AB=CD harmonic pattern at PRZ (Counter trend! )

٢٩ أكتوبر ٢٠١٧

Oil just completed an AB=CD move at a very important PRZ. WE do have bearish divergence on the RSI already and i am expecting a possible reversal at this level. Look for clear bearish evidence since it is a counter trend trade

٣٠ أكتوبر ٢٠١٧

ملاحظة

Strong rejection and bearish divergence on 1H!

٣١ أكتوبر ٢٠١٧

ملاحظة

Idea still valid but no good signal yet, Oil inventory tomorrow!

١ نوفمبر ٢٠١٧

ملاحظة

Looking good if this daily candle close like this, then we may get much more down on this trade!

٣ نوفمبر ٢٠١٧

ملاحظة

If this last lower high got confirmed then we still looking good here.

٣ نوفمبر ٢٠١٧

ملاحظة

Oil broke new highs as oil rigs count continue to decline.
Ida invalidated.