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: Fork Analysis
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Down we go - or it's a trap! The handle is attached to the 2016-02-11 low. It fits the context of actual price...
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Complete description here: http://www.forktrading.com/tradingview-blog/cl-crude-oil-long-short-spaghetti
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My wife is short in BABA. That's all it takes me to know and to throw loads of money at this Stock §8-)
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Until the Lower-Medianline-Parallel (L-MLH) is reached, I keep on hammer it down...
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As expected in the last CL Chart, price came down to the centerline and followed perfectly the rules of Action/Reacti...
Hmmm.... On the daily I'm bearish. The weekly tells another story, although price would first test the L-MLH of th...
CL landed on the centerline, without breaking through. A nice indication that we will at least see a bigger bounce.
Prior idea did not work out. So I wait for a pullback to the centerline and take it short from there.
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Found this today morning. The sliding parallel (we call this a shift in frequency) is acting as potential support....
There's a long way down to go for the monthly. On the daily, I wait for a pullback to load up. In the meanti...
I see that Gold has risen above the U-MH's. But also stalled there, now trading back into the orange fork, and cl...
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As you can see, not only the A/R-mesures catching the frequency of the price. The WL1 indicates, that a good co...
Courious if it holds... On a break of the centerline, I grab my big hammer.
Crude - Waiting for a pullback to short.
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