Although i really try not to indulge myself in trades i deem biased - OIL that is manipulated to affect Russia IMHO. This was interesting to see.
- I had the blue trend lines plotted for quite some time already
- Drawing parallels from the tops showed also some relative hit ration with the price trending around them
- CCI ran away from RSI and already is diverging
- Of course, all bottom indicating indicators are ...indicating bottoms.
- With high volume in recent days, if a bottom is formed it may retrace to some important fib level,like 0.382 or 0.5 that sit nicely within some trend range
- theres also a gap there that hasnt been filled
Won't say im long,but i wont be shorting too much at this point either
- I had the blue trend lines plotted for quite some time already
- Drawing parallels from the tops showed also some relative hit ration with the price trending around them
- CCI ran away from RSI and already is diverging
- Of course, all bottom indicating indicators are ...indicating bottoms.
- With high volume in recent days, if a bottom is formed it may retrace to some important fib level,like 0.382 or 0.5 that sit nicely within some trend range
- theres also a gap there that hasnt been filled
Won't say im long,but i wont be shorting too much at this point either