Oil Still Holding Bullish on 7 Day CnH pattern Chart!! :-)
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Can oil Make it to $41 today if this Chart pattern is correct and not a mirage i say it ready to vault higher! :-)
We must remember this is a cyclical daily prognostic chart that i'm working from, it will have it's up's & downs during the day, Chart patterns can take days to complete sometime longer??? Megalo>
We must remember this is a cyclical daily prognostic chart that i'm working from, it will have it's up's & downs during the day, Chart patterns can take days to complete sometime longer??? Megalo>
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Oil is still conforming to the CnH pattern and is still relevant at the present time even though it finished below the 7 day moving averages for the fourth day consecutively but mostly side winding action. Oil did manage a green daily candle so there is a positive for the four day gloomy price action!I still believe Oil has the potential of of climbing to over $$42 this week or early next week ??? :-) As Always Good & Fruitful Trading i'm still riding a overleveraged long until i the risk out ways the reward it has not gotten to this time yet> Megalo
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P.s no modifications was made on this chart since i published it on Sep. 18th :-) >Megalo
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