RBOB Gasoline Broke The Weekly Base Support
From Sep. 2022, we see the bounces at the white Centerline. This created great support, until recently Sep. 03/24.
The Base support is broken, and price failed to move up from the white Centerline.
Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.
The Base support is broken, and price failed to move up from the white Centerline.
Well, if price is not going up, it probably goes down. Potential targets are indicated by the arrows.
Trade aktif
Price is still fuzzing around in the Base Support "Zone".
It's hard to open a Short here, Stop would have to be above $2.20.
The Risk-Reward although would be huge.
Or play it with a Options-Spread.
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