Inspired by Gann

Will Crude Bounce ?

By - Jon
28.05.18 05:07 PM

1 x 1 angles and 50% ... Again !!! 

Crude oil fell out of bed into the weekend.

Support now around the old tops in yellow , and the 1x1 angle and 50%

Gann 101 

Will it stop or will it go deeper, the high volume on Friday may be stopping volume for a bounce at least.

( Mini Crude chart shown here mirrors the big guy )

Now its worth noting that the 1 x1 has been working since the 2016 Low !!

( The chart is the full contract  )