On 4 hour chart i beleive this are triangles, they are usualy found on end of correction or part of correction, in theory (i am beginner and learning)
Other than that I beleive that short term chanel is pierced and it will go up... Please comment
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I forgot to mention, I believe, and hope that Oil will go lower (long term) but at this moment I will be going Long for Monday if there is no big weekend gap...
Expecting rise Monday and Tuesday
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Figured out that i am an idiot...
Analyzed wrong symbol this is WTI not CL1! :( Fortunately all is the same with CL1! (more or less...) Fortunately they will go together so there is no real problem...