Oil spike ?

Show me what you're workin with freddy.

 

The thing behind the lines.

 

sure. show me.

 

You want me to show you a price chart without any lines? What, you've never seen one?

 

You might like this one better, it's the one that started the series linked below. As time went by things grew... lol.



https://www.elitetrader.com/et/threads/oil-spike.366805/page-2#post-5595794

 

Throw some Fibs on it and you got 'er!

 

Thats what you see there on that chart.
Trendline and fib. That's the 100% move of a move Target where price is listed. Fibs include 100 200 percent in my book, lol. Just like hammers include hanging man, dragonfly... - hammers. done. Keepin it simple. lol.
Go look at that series of charts and let me know where it went wrong.

 

It went wrong??

 

Here's the new MCL Hold the Volume!
Got your retrace on there and evything.