Hubert Senters here.
Let’s take a look at crude oil. So you’ve had a little couple of days of chinks in the armor here in crude-licious which is this candle right here followed by this candle so you had two days consolidation, two days consolidation drop. That’s never a good sign.
So far it is looking like it’s going to hold this trend line. I’m going to be a small ad to buy here when it touches the cloud and then when it initiates a new 60 minute buy signal. So what I do is looking for to hold the cloud and then I’m looking for the 60 minute to close back above the cloud. And that will be my buy signal. And I’ll give that another shot.
Now, if it trades below the cloud I’ll have to wait for a 60 minute buy signal for it to come back above the cloud on the daily. So it’s a little bit harder trade but I’m looking forward to hold this cloud or maybe just a little bit below not too bad be a nibble bar here on the anticipation that’s going to hold that trend line support and cloud support.
Mark Helweg is going to be doing a special webinar, July 25th Wednesday at 8PMEST on ‘’The New 3 Light Option Strategy.’’ The accidental discovery and a really cool story that you’re going to hear. Click CLAIM MY SPOT NOW to register for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
