OIL – BLACK ABYSS…

OIL  –  All Time  on ATA Research Radar 

 

ATA Continuation of…

2019 Last

15.12.2019 –  OIL – No Black Gold Ecstasy after OPEC OPEC+ & Aramco Double Super Impact…

2020 

5.01.2020 –  OIL – IRAN Black Gold Strike…

7.01.2020 –  OIL – Back under September 2019 Top vs IRAN Rising Risk…

13.01.2020 –  OIL – Dynamic Fall on No IRAN War Euphory…

with

ATA Following …

Saudi Arabia TASI

8.03.2020 –  Saudi Arabia TASI – Panic Double OIL & Coronavirus Impact…

Aramco

8.03.2020 –  Saudi Aramco – Black…Virus…Abyss…

 

Present Master  OIL  Motives

Collapse of  Deal between Russia and  OPEC Members 

No reduce their production by an additional 1.5 million barrels per day

Saudi Arabia – one of the Top Global Oil Producers  Retaliate

slashed its official Oil Prices and planned to ramp up its production.

It could pump 12.5 million barrels per day BPD up from current level of 9.7 million BPD

with

Goldman Cuts Brent Forecasts to 30 USD  on OIL Price War &  Coronavirus Impact

 

Global  Coronavirus Outbreak Fear Strike 

from China to  Japan , South Korea ,Europe & Middle East

Middle East – special IRAN Coronavirus  Rising Risk 

Saudi Arabia Gulf Neighbors report More Cases of  Coronavirus

with

OECD Cuts Global Economic Forecast on Coronavirus

Now  2.4%  from earlier 2.9%

WHO Coronavirus Global Outbreak Warning

Outside China – Wider Threat Risk

WHO Warning Mysterious “Disease X”

Spark an International Contagion

JP Morgan Armageddon Warning

End of  Human Life

Middle East  &  Global Slowdown or Recession Risk

IRAN Middle East Geopolitical Risk

vs

FED Emergency Rate Cut on Coronavirus Risk 

with

Goldman – FED More Cut Forecast

Two More Rate Cuts Next Month

ECB & BOE Immediate Policy Action-Expectations-CNBC

Next Central Banks Action Expectations on Coronavirus

with Last earlier

Buffett Trump  Kudlow & FED Powell Bullard

RISK ON Verbal Strikes

IMF & World  Bank Ready to Help 

Central Banks Interventions  Ready 

G-7 Central Bankers & Finance Ministers Stand by 

 

OIL - 15

 

First…ATA  from  13.01.2020

“After

Activated

Weekly  Bear Reversal Patterns 

Three 2B Patterns

Key Levels 63.38  & 63 USD 

Key Level 61.50 USD 

Key Level 60 USD 

Daily  Bear Reversal Patterns 

2B Pattern

Key Levels 63.38  & 63 USD 

Ending Diagonal 

Key Level  62 USD 

Intraday  Bear Reversal Pattern

H5 Inverted Ending Diagonal 

Key Level  61.30 USD 

Now still dominating

Bear Contraction …     

 

&

Master  Global Markets  ATA  Tweets

 

 

Second…Present  OIL  Situation 

OIL MEDIUM TERM  SITUATION 

ATA MARKET MODEL IN MEDIUM TERM ACTION  

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

After Activated  –  January 2020 

Weekly  Bear Reversal Patterns 

Three 2B Patterns

Key Levels 63.38  & 63 USD 

Key Level 61.50 USD 

Key Level 60 USD 

Daily  Bear Reversal Patterns 

2B Pattern

Key Levels 63.38  & 63 USD 

Ending Diagonal 

Key Level  62 USD 

Intraday  Bear Reversal Pattern

H5 Inverted Ending Diagonal 

Key Level  61.30 USD 

Now still dominating

Bear Wave 

with

Today Intraday  Action 

Morning Panic Waterfall  Pattern

Big Bear Gap 

Test 2016 Low Zone Key Level  26 USD 

( Today Low 27.34 USD )

vs

Bull Contraction 

from 27 USD  to  Present 35 USD Zone 

Back above Psychological Key Level 30 USD 

with

Present Today

Weekly Bear Candlestick 

Big Real Body vs Large Lower Shadow

Daily Bull Hammer Candlestick 

Large Lower Shadow

Last 3 H4 Bull Candlesticks 

but with

MACD Weekly Sell  Signal

&

MACD  Daily & H4 Sell Signals

 

OIL Present Battlefield 

26 -27   vs  35 -40 USD

with

Psychological Key Level 30 USD 

 

ATA  Investment  Conclusion 

Now   Special Focus on

26 -27   vs  35 -40  USD 

with

Psychological Key Level 30 USD 

&

FIB RET  Waves Down 

Today still active

Large Bear Gap 

with

Research New Pattern

Classical   Candlestick 

and of course

New Coronavirus News

vs

New OPEC, Saudi Arabia, Russia  Central Banks  Strikes 

 

 

N – TIMES

F/X  Maximes 

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…Today H1-H4 -EOD

Second…EOD-s & EOW-s

Final…EOM – March 

 

by the Black Gold way

always remember

Oil  – Key Pathfinder for Wall Street & Global Stock Market…

 

 

OIL   Weekly , Daily  & Intraday- H5  Charts :

13.12.2019 – EOW  (  Futures Present Active Series  59.77 USD ) 

OIL - W

OIL - D

OIL - H5

3.01.2020 – EOW 

OIL - W

OIL - D

OIL - H5

7.01.2020  (  First Half  US Session ) 

OIL - W

OIL - D

OIL - H5

13.01.2020  (  First Half  US Session ) 

OIL - W

OIL - D

OIL - H5

OIL   Weekly , Daily  & Intraday- H4  Charts :

9.03.2020  (  First Half  US Session ) 

OIL - W

OIL - D

OIL - H4

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