5% - 10% profit per day trading
- Thread starter spanish89
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heres why i was saying to buy at 43.26 and how i knew it owuld be the key support..
(chart)
Its on the trend line that joins all the other bases.
And we are down $4s straight, so due a decent pullback of $1 t $2s.
(and just hope that as the momentum of that picks up it rises more)
(chart)
Its on the trend line that joins all the other bases.
And we are down $4s straight, so due a decent pullback of $1 t $2s.
(and just hope that as the momentum of that picks up it rises more)
i think now its very unlikely we will see oil break down and go to the 42.86s n lower...
Ive attached another chart to show a few things.
Mianly is that the formation we formed now is technically a head n shoulder shape, however it is extremely unbelievably unlikely that it will do another head n shoulders crash down at this low level, after coming down from 46.50 to 43.50 in barely 1hour at very steep angle,
down 10% from the highs of the day,
and down from high $48s yesterday.
So that means that if this cant make that into a head n shoulders the right shoulder will instead break upwards past the head, and that will be an uptrend start..
Ive attached another chart to show a few things.
Mianly is that the formation we formed now is technically a head n shoulder shape, however it is extremely unbelievably unlikely that it will do another head n shoulders crash down at this low level, after coming down from 46.50 to 43.50 in barely 1hour at very steep angle,
down 10% from the highs of the day,
and down from high $48s yesterday.
So that means that if this cant make that into a head n shoulders the right shoulder will instead break upwards past the head, and that will be an uptrend start..
K we broke up but to where the 1st spiek got to,
but theres a couple of big seller shwo dont want to let this rise!!
Stupid trenc chasing twats!!!
the dow has spiked back u to where it was when oil was at 45.12, at 2.15pm,
so now its just a case of getting rid of those few sellers and then this should blast up
but theres a couple of big seller shwo dont want to let this rise!!
Stupid trenc chasing twats!!!
the dow has spiked back u to where it was when oil was at 45.12, at 2.15pm,
so now its just a case of getting rid of those few sellers and then this should blast up
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