I am here to share my ideas regularly.
I am using tradingview so you will see some live graphs.
Trying to keep things informative. So far I have had good feedback from people.
I don’t trade based on fundamentals but purely based on TA. And my strategy and technical analysis suggest me it’s not the case. However I am glad you are sharing your view on the market.
The reason is purely off personnal experience and TA. What people often do not realize is that the price tend to retrace.
And if you look at the long term Crude Chart you’ll see that the last time it hit a strong resistance there were a big retracement, so I am expecting the same.
Just an example of how the general view and fundamentals do not really matter.
But I appreciate your input. Just remember that there is no certainty in the market and there is no [B]you are wrong[/B]. There is either you respect your trading plan or you don’t