W&T Offshore, Inc.
Viés de baixa

NYSE:WTI P-Modeling Pt 2. Harmonic Strings of The Illusive Cajun

Atualizado
Welcome Hyperspace Agent.

This is an analysis of WTI OIL.
In order to understand where we are now, you must see the entire time-series of Part One.

Press Play first.. Then View Snapshots In Order

Then scroll to see Time-Series Snapshots In order. This idea is from Sept 2019.
W&T Inc. P-Modeling Pt 1. Harmonic Strings of the Illusive Cajun


If you skip the step above.. you won't understand... how i progressed to what I am presenting now.

Or if you simply don't care.. That is perfectly ok! No one is forcing you.
But you prob won't get it either way. And if you do...? well.. gold star for youuu. <golf clap>.

_______________________________________________________________________________________________________
Nothing is placed randomly. The original idea *PART ONE* nailed the targets, but was incorrect on timing. However, once adjusted it can be viewed in Time-Series fashion how the targets were indeed hit quite in an interesting manner. Both Part One and Two are on the same time-frame. The inverted cup and handle was executed. It had a harmonic exit.. so my initial timing was off. This was validated with the snapshots in Part One. But then it deviated after completing the original harmonic goals.. So two propositions began to develop.

Proposition A is in the yellow trend.
Proposition B is in the Red trend.

We inch a tad higher? and Wham..Bam. Slapped down..

Catalyst.. Dropped demand of oil as USA and globe enters Wave Two of Covid-19. or <insert international oil crisis here>

The idea is we have a second bottom. But a true Bottom. That is outlined in Proposition B. Adam and Eve as they may call it I guess?..
I think we are going to execute Proposition B. Mere Penny's.

However, keep an eye on proposition A and the structure of the chosen fractal vs the actualization of the trending.
It will not be exact... Not always at least. ;)

This is simply an update to see how the rest of the story plays out.
There is def a lot of validity to it. Now let's see if we can refine it further..

Trial and Error.
Failure is a necessary component of success.

Thanks for Pondering the Unknown with Me,

Glitch420





Trade ativo
Baseline Snapshot.

snapshot
Trade ativo
Proposition A and Proposition B is now active. snapshot
Trade ativo
red path now active.
Nota
snapshot
Trade ativo
snapshot
Nota
ignore that above ^
Nota
snapshot
Trade ativo
shifted. point of decision in green box.

Prop A and B are still equal.
Nota
snapshot
Trade fechado: stop atingido
Nota
shifted over fractal, timing error is satisfied.

snapshot
Trade ativo
Proposision A is denied. Proposiiton B is now active.
snapshot
Trade ativo
shifted over red path to accomodate sideways string.

snapshot
Trade ativo
snapshot
Trade ativo
snapshot

we have reached the spiral.
Trade ativo
spiral broken. RIP.

snapshot
Trade ativo
snapshot
cajunmasterChart PatternsCup And HandleFibonacci SpiralsHarmonic Patternskingofn00bsWTIWTI (Crude Oil)wticrudeoilwtioil

Também em:

Publicações relacionadas

Aviso legal