A lot of people have written to commend what I do but I feel I should be thanking them for having the time to read my posts as well as commenting on them, while some have sent me emails or IM's instead. I say this because their criticisms and compliments have both had the same effect on me, spurring to get better at what I do. I am happy that the hardwork continues to pay off.
Crude seemed to play out a script as written and directed by Chris Ahize. From its commentary on May 8, I had expected a quick dash back into Key Support and a possible price Action Buy Signal at that zone. We now have a Fakey Setup at its confluence zone. The Potential risk on this setup is quite large and would recommend buying the pair from its 50% retracement region with stops below the Fakey Pin Bar.
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