Target on chart, you can see how the different time at mode signals work together to give us a good idea of where price is headed. I'll place my short orders now, hopefully I get a fill before it's too late. A retracement here would be terrific. Good luck, Ivan.
評論
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I had gotten out of this short at 39 and flipped long. Then closed longs at 44. Didn't expect such a large rally! Interestingly enough, price stopped back at the downtrend mode, see? If it breaks up, it has legs to hit 53-56.
I PUBLISHED THIS THING 2 MONTHS BACK. SEE HOW IT PLAYED OUT ;)
moorekapital
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Should the green floor break convincingly, price heads back down into the 43ish.
IvanLabrie
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The more emotional and VERY sure people we have, the better, specially if they take the opposite side.
I don't care if it goes up or down, I just trade what I get presented with in terms of opportunity.
moorekapital
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If we break and close below the prior low of 42.01, I'd look for short entries , targeting the 2008 November low of 32.40
IvanLabrie
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Close is irrelevant to me, unless referring to a close with the low/high detaching from a mode.
CommoditiesTrader
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Interesting to see so many people with the same outlook on crude:
I told many that it was only a matter of time. It was slightly humorous to see how many thought crude would be $80-plus.
IvanLabrie
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The difference is this is a technical setup, with entry/exit/stop, which happens to have a time and price target.
I have plent of forecasts too, but taking the actual trade isn't always doable.
CommoditiesTrader
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Sure, I get that. I also have some trades, and trades are always doable depending on your objective. I could go in for a few dollars or build a position. I give my analysis and outlooks but refrain from set ups because I feel people piggyback too much. If they use my chart, that awesome!.