BAR Bottom Reversal

Sep 9, 2016

Long term view of WTI. Bukowski Patterns.

Break out would suggest a complete reversal.

Sep 10, 2016

Note

Someone asked me separately about the timing. It's not specified, however Bukoski suggests that a buy be initiated once the daily candle closes above the top line of the parallel channel. I show a few possible scenarios but neither may happen just yet. WTI has come off, touched and retreated, that top purple channel line twice within the last week.

Sep 30, 2016

Note

We have one confirmed daily open/close above the break out line. Look for longer term reversal.

Oct 11, 2016

Note

Well we clearly have broken into the Run Phase. Long term bull run. Expect some pull backs, accumulate. Shorts ought to think very short term.