Bobby's homework assignment

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8.22.23 This video is not just about An oil trade follow up. It's about pattern recognition and attaching these patterns to make effective trade decisions. I think it's important that look at a clean chart with very little notation.... even if you're very familiar with that market and then go back and apply your tools. There is something that I didn't say in this video... which is my fault. I did say that the market Is likely to go lower and I kept Pointing to the support area... but I actually think the Market's going to break the support area and go to the 382 retracement that I did not draw on the chart today because I picked the clean chart. the 382 Is on yesterday's chart. However, Since I brought this up.... the price has to go below the support area. I think it's setting up for more Continuation lower and we'll just have to wait and see.

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