Crude Oil : When technical analysis reveals the secrets of the fundamental
In this poste I like to share my vision on Crude oiL based on my own technicals tools:
https://www.mql5.com/en/blogs/post/226558
on last janvier 18th I tweeted (Crude oil : correction expected)
https://twitter.com/NKessir/status/689200595085979648
The price was under 30$ , the first signe given by my system was the reversal sign of my indicator of acceleration (the first green histogram undel price window) , it begins to change toward the positive sign despite the price takes in down side , (as you can see in chart):
But it was not the first signe ,be cause before that on monthly chart:
I observed very important thing ; my indicator of force (blue histogram and pink curve) chow that the the force that pushed the price to fall flashes and returns to the ordinary after having recorded extraordinary levels from 1st octobre 2014 to mars 2015. from this two signe I defended my vision "green on the price of crude oil" for a few weeks
For the second quarter 2016, under these conditions I think we will see a price between $ 40 and $ 45
follow my vision on the crude oil every week:
