ATA Continuation of…
29.07.2016 – OIL SHOT DOWN – NO SUPRISE for ATA…
6.08.2016 – OIL – BLACK GOLD COME BACK…
20.08 2016 – OIL – Market & Mainstream Media Trends…
15.10.2016 – OIL STILL ON GREEN TRACK…
&
7.05.2018 – OIL – FIBONACCI WARNING…!!!
11.05.2018 – OIL – IRAN Motive vs Fibonacci…
28.05.2018 – BLACK OIL DOWN…
1.07.2018 – OIL – TRUMP – Saudi Arabia Motive & Fibonacci…
9.07.2018 – OIL – CHINA – IRAN Motive & Fibonacci…
12.07.2018 – OIL – Mainstream Verbal Trend vs Fibonacci…
19.07.2018 – OIL-FIBONACCI WINNING…
29.07.2018 – OIL – PRICE SUNSET…
5.08.2018 – OIL-GEOPOLITICAL SPECULATION BURNOUT…
9.08.2018 – OIL – NO IRAN FEAR…
26.08.2018 – OIL – RUN OUT OF IMPET…
Any of Black Gold RISK OFF Motives still can not create New Strong Wave Up…!!!
OIL is still inside Inverted Ending Diagonal
with
Fibonacci Ret & Ext Zones
ATA MIND OVER MARKETS
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
Present OIL Situation
Main Motives – GEOPOLITICS with IRAN – US SANCTIONS & CHINA – TRADE WAR
on First Place…
&
Technical Pattern – Inverted Ending Diagonal
with
50% & 56.4% Fib Ret – Weekly Chart
113% & 100% Fib Ext – Weekly Chart
Now still
Most Important Key Levels still are :
75 USD Zone – Invert Ending Diagonal
&
70.51 USD – FIB RET
71.02 USD – FIB EXT
with
70 USD – Psychological Key Level
vs
66.80 USD – Lower Part of Invert Ending Diagonal
with
64.43 USD – Last Important Low ( 13.08 Weekly )
ATA Investment Conclusion :
like always
Most Important is Smart Money Reaction
so
Now Focus on TEST RESULTS of Lower Part of Invert Ending Diagonal
with Key Level 66.80…!!!
p.s.
Don’t Forget about MACD Weekly Sell Signal …!!!
OIL Weekly Charts :
20.08.2016
15.10.2016
7.05.2018
11.05.2018
25.05.2018
29.06.2018
9.07.2018
12.07.2018
19.07.2018
27.07.2018
3.08.2018
9.08.2018
24.08.2018
7.09.2018
