Crude chart trading levels

Stock trendy

Well-Known Member
weekly fibo retracment levels
high may 2015..aprox..60$
low Feb.2016...26 $
retracement and ema breakout above 38.2% 39$
weekly close above..34$..i.e 23.6%..that was sl entry 27th feb (positional)..
heading...to..47$ mark 61.8%..above that TL res.. at..51$
now sup..weakly closing..at..42.40 also SL.

click image upload
 

Stock trendy

Well-Known Member
Day's low could hold ..but down sup..2874..2802..2730..could well be tested if it breaks 2870
as long trades below 3020
thanks guys there are few who wants to learn i disclose what ever i knew..
good bye will not be posting any more ..if the thread to be close please do it..
 
Day's low could hold ..but down sup..2874..2802..2730..could well be tested if it breaks 2870
as long trades below 3020
thanks guys there are few who wants to learn i disclose what ever i knew..
good bye will not be posting any more ..if the thread to be close please do it..
Thanks stock trendy for your analysis and knowledge sharing...It has been good learning in terms of identifying the trend and your MA crossover setup seems to work great for swing trading. Identifying intraday direaction at Sup/Res levels is one challenge for day trading.

Thank you once again...If you have no problem, please let the thread be open.
 

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