IST
Cmp 37.38
[1/25, 4:36 AM] Arockia: Gm friends
Another trading week started.
As I am mentioning from long time I expect to see lower lows/bottom in crude by Feb 2016.
Still my view continues n expecting another last low from bigger time frame.
Shall we give a pass for this down move?
Means bigger correction before final fall/ ultimate goal is tgt?
Chart looks likes we may see complex xyz correction before next fall.
So traders please watch carefully and trade.
Analysts, plz go thru' n correct me if I am wrong.
Thanks.
Arockia.
[1/25, 4:47 AM] Arockia: Support 27.4$, Resistance 38.4$
We may see xyz pattern or bigger ▶ pattern as wave 4. Mostly it won't break 38.4$.
Actual/Bigger Resistance is only at 50.91$
[1/25, 4:55 AM] Arockia: As most of u know, my ultimate tgt is 20/19.89$ LONG TERM Positional.
Seasonally, crude may move upside from Feb/March till Jun/Aug .
So need to to wait.
Are we going to see bigger correction until Jun/Aug 2016.
Or we going to achieve our tgt n reverse to main up trend?
Time will tell. I lost my historical crude historical seasonality chart n searching for it.
Will post once I got it.
Thanks,
Arockia.
Cmp 37.38
[1/25, 4:36 AM] Arockia: Gm friends
Another trading week started.
As I am mentioning from long time I expect to see lower lows/bottom in crude by Feb 2016.
Still my view continues n expecting another last low from bigger time frame.
Shall we give a pass for this down move?
Means bigger correction before final fall/ ultimate goal is tgt?
Chart looks likes we may see complex xyz correction before next fall.
So traders please watch carefully and trade.
Analysts, plz go thru' n correct me if I am wrong.
Thanks.
Arockia.
[1/25, 4:47 AM] Arockia: Support 27.4$, Resistance 38.4$
We may see xyz pattern or bigger ▶ pattern as wave 4. Mostly it won't break 38.4$.
Actual/Bigger Resistance is only at 50.91$
[1/25, 4:55 AM] Arockia: As most of u know, my ultimate tgt is 20/19.89$ LONG TERM Positional.
Seasonally, crude may move upside from Feb/March till Jun/Aug .
So need to to wait.
Are we going to see bigger correction until Jun/Aug 2016.
Or we going to achieve our tgt n reverse to main up trend?
Time will tell. I lost my historical crude historical seasonality chart n searching for it.
Will post once I got it.
Thanks,
Arockia.