Short on OIL.
Right first thing's first well done on anyone's who's banked +300 pips on oil! I try to make my analysis as straight forward as possible, I really try not to complicate it. Loads of new guys have a look at my charts and it looks like my charts are quite straightforward, not very complicated which is the contrary. My chart's are simple because I present them simple, I don't need to confuse you guys. Also your chart doesn't need 10 indicators guys, that just tells me that you don't know what you're doing... I believe that you should be able to just look at a chart and in 10 minutes you more less have an understanding or an inclination as to where prices might head in the future.
OFF TOPIC I KNOW, I JUST GET IT QUITE A LOT!
However I think that a short on BRENT CRUDE OIL is probable and we may be able to go down very soon. Prices are currently respecting our bullish key level (70.00), however prices could penetrate this zone to reach the upside target of 71.00 and above.
IF OF COURSE PRICES BREAK TO THE DOWNSIDE!
WE COULD GO TO LOWS OF 66.00 & 64.00.
Right first thing's first well done on anyone's who's banked +300 pips on oil! I try to make my analysis as straight forward as possible, I really try not to complicate it. Loads of new guys have a look at my charts and it looks like my charts are quite straightforward, not very complicated which is the contrary. My chart's are simple because I present them simple, I don't need to confuse you guys. Also your chart doesn't need 10 indicators guys, that just tells me that you don't know what you're doing... I believe that you should be able to just look at a chart and in 10 minutes you more less have an understanding or an inclination as to where prices might head in the future.
OFF TOPIC I KNOW, I JUST GET IT QUITE A LOT!
However I think that a short on BRENT CRUDE OIL is probable and we may be able to go down very soon. Prices are currently respecting our bullish key level (70.00), however prices could penetrate this zone to reach the upside target of 71.00 and above.
IF OF COURSE PRICES BREAK TO THE DOWNSIDE!
WE COULD GO TO LOWS OF 66.00 & 64.00.
