Weekly Chart with Support and Resistance- Shows Failed Breakdown Pembelian

Crude Oil FuturesNYMEX

Deskripsi

⋅ 8 Jan 2017 pukul 15.47

Weekly light crude oil chart with support and resistance trend lines. RSI and ROC are included, as well.

For context, here is an image of the monthly candles with the same trend lines.

Komentar

watchme3

⋅ 9 Jan 2017 pukul 11.10

Also there is an iSHS clearly visible with target $77.20...

Bryan_Ali

⋅ 9 Jan 2017 pukul 11.24

@watchme3 there is this, too..

tipua411

⋅ 9 Jan 2017 pukul 07.49

thanks for this great idea.

Bryan_Ali

⋅ 9 Jan 2017 pukul 10.59

@tipua411 don't mention it.. thank you for the comment!

jangseohee

⋅ 8 Jan 2017 pukul 16.05

Bryan_Ali

⋅ 8 Jan 2017 pukul 16.10

@jangseohee ah, I hadn't even noticed that down trend and breakout from it.. thanks!

jangseohee

⋅ 8 Jan 2017 pukul 16.12

@Bryan_Ali, no worries, you'r welcome
i reckon u use linear scale, i have been using log scale all the while ^_^

Bryan_Ali

⋅ 8 Jan 2017 pukul 16.14

@jangseohee yes, I didn't think to consider using logarithm.. is there any particular reason for doing so?

jangseohee

⋅ 8 Jan 2017 pukul 16.16

Bryan_Ali

⋅ 8 Jan 2017 pukul 16.17

@jangseohee will read it in a little, thanks again