Member Info for toothache

Close below 20.5 and multiple rejections to cross back over will have completed the H&S.
Depending on how to measure there are 2 targets as mentioned in my updated post in the link.
https://uk.tradingview.com/chart/TLW/VjyYxLiR-TLW-Chart-Update/

https://uk.tradingview.com/chart/TLW/VjyYxLiR-TLW-Chart-Update/

https://uk.tradingview.com/chart/TLW/VjyYxLiR-TLW-Chart-Update/

https://uk.tradingview.com/chart/TLW/VjyYxLiR-TLW-Chart-Update/

https://uk.tradingview.com/chart/TLW/VjyYxLiR-TLW-Chart-Update/

@Canary you must be the biggest idiot on this BB. trying to bully others to do what you want by voting against a deal.
This BB has become useless. time for me to FCUK right out of here.
GLA with your investments no matter what your decisions are.

Torna,
15min TF is pointless unless you're scalping and even then your margins for profit against a RR ratio would be to risky IMO.
Long term investors have the view of putting this in their portfolio for a minimum of 5 years to 10+ with a review of the SP every year.

Tesa,
everyone is biased bc you are invested in TLW either way. No one wants to lose money so if you're shorter then you have reason to believe that the SP will go down and to me that's fine if you share your ideas and reason why. Doesn't mean you're deramping. Likewise for those who have bought.
I don't come on here that often now but only to share my ideas of where the SP will go based on my OWN TA and also the price of Brent. The constant childish remarks are wearing thin and has only detracted from the purpose of this BB.

GG, i'd appreciate it if you didnt post this too. As i have filtered Jzzj. So don't want to read this crap. Like i said its better to either ignore him or filter. I dont wish to filter you as I like to read some of your posts that i can discuss on.

Classic inverted H&S on 4HR TF.
Measured line takes it exactly to the $45 like i posted earlier to close the GAP.
Easy WIN for those who are interested in opening a BUY.

GG, certainly not anytime soon. Thats for sure. But you could never rule it out from reaching that level. :)

Reza1, calling people stupid bc they may be shorting TLW may blow back in your face. on a weekly/Monthly time frame the SP is nowhere near the major resistance level (it is still recognised as in a downtrend on weekly/monthly), so it could well go south more if it gets rejected.
Like i posted before a SP doesn't like to stray too far away from the 52MA. In which TLW is doing now. It's climbing back up close to the 52MA but who knows what it will do once it reaches it. Cross to go further up or reject and follow the long term trend?

Since most posters on here talk about a long term investment of holding then they should pay close watch on such time frames.

It looks like it has taken the 2nd scenario on my chart. I have to admit i am surprised but its not about getting it right. It's about the highest probability of what the SP will do when using TA. You never know it could fall below the support line to then become resistance again. This SP is fickle at the best of times.
If the price closes above the trend line i have for this scenario then keeps rejecting the now support line. Then it could continue to consolidate and range just above the support line of 33.4. I dont like to predict dates as you simply can't. So i will simply say within a couple of weeks if it hits the other trend line it could GAP up again and repeat the whole process again.

BLSHFTW, you have the option to BUY the underlying asset (Share - CFD) or if you're like me you trade on the price of the share and simply bet on whether the price will go up (Buy) or down (Sell/Short). Like Amiah has said etoro has blocked people from opening Sells. You can only Buy the asset (share - CFD) you can not leverage. Leverage is where you can bet with more money than you have on a position.
e.g. I want to open a SELL with $1000 but I cna leverage (multiply by 5) So i am putting $1000 of my own money but using the brokers $4000. My return is greater if it goes my way but so too is the risk.

according to my broker, the instrument has been blocked from Shorting and can only buy CFD. No leverage. So something is in the wings.

Just as I posted last week, Brent retraced to $37 and will now make its way up to close the gap of $45.
TLW SP is still below a major resistance point of 33.4p. I have 2 chart scenarios
1. reject for a couple of weeks whilst ranging between 30 - 33p then break above resistance to stay above and then keep reaching TP levels i posted before.
2. Cross the resistance tomorrow, to follow the second trendline but in a much quicker fashion to the TP levels.
IMO i think it will take the 1st scenario as this SP likes to range and consolidate for while then step up and do it again. nice steady gains are much better than volatile swings.

GG,
IMO i don't think OIl will be depressed soon. It will close the gap of $45 just as i earlier posted that it would retrace to $37. It may consolidate after reaching $45 for a while. TLW SP closed right on one of my trend lines but below a major line of resistance. So it will be interesting to see what happens on Monday.

@persianinvestor you really should turn down that rhetoric. As you're just as bad as the other posters. Either add something worthwhile to read or keep it to yourself. This BB has become nothing but a ****ging off match.

@LeeRex,
Your best bet is to filter all the nonsense. Believe me it will save your sanity.

Shpunken,
I'd have to agree if the SP closes below 31 in the coming days. 27p being a good BUY in