Oil 4H - Watch here the FLAG not the FED!
Still a noise, but a bit of bullish noise today.
Let me repeat what to watch, with looking at 4H time frame too:
- Daily Kijun Sen at 43,50, as lower supp/res. (Below 43 would be bearish again)
- Daily tenkan Sen at 46. -> Bullish momentum would accelerate above 46
- 4H Kumo and flag... et voilla: 43 - 43,50 on lower side vs 46 on upper side. Power of multi time frames!
- In case of bullish action Chikou Span would cross past candles -> weak bullish Chikou cross as confirmation
- Daily haDelta/SMA3 -> will it cross back above zero line?
Original idea linked below.
Let me repeat what to watch, with looking at 4H time frame too:
- Daily Kijun Sen at 43,50, as lower supp/res. (Below 43 would be bearish again)
- Daily tenkan Sen at 46. -> Bullish momentum would accelerate above 46
- 4H Kumo and flag... et voilla: 43 - 43,50 on lower side vs 46 on upper side. Power of multi time frames!
- In case of bullish action Chikou Span would cross past candles -> weak bullish Chikou cross as confirmation
- Daily haDelta/SMA3 -> will it cross back above zero line?
Original idea linked below.
