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financialflagship

US OIL (WTI/USD) – Week 34 – Forming a bearish channel.

Pembelian
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
financialflagship  
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis Chart Patterns Wave Analysis WTI Crude Oil WTI DXY tradeidea Forex Commodities
13
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trendanalysis chartpattern waveanalysis wti usoil dxy tradeidea forex commodities
Last week, we forecasted the price to consolidate and slowly head towards to orange trendline.
For next week, we expect the pair to consolidate towards the resistance area before making another low.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

Ide yang Berhubungan

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US OIL (WTI/USD) – Week 38 – Indecision territory.
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US OIL (WTI/USD) – Week 37 – Will the trendline hold?
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US OIL (WTI/USD) – Week 36 – Expecting another drop soon.
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US OIL (WTI/USD) – Week 35 – Price to reach the trendline.
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US OIL (WTI/USD) – Week 33 – Waiting for a trendline reaction.
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US OIL (WTI/USD) – Week 32 – Expecting a drop below $65.
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US OIL (WTI/USD) – Week 31 – Closing in a new top.
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US OIL (WTI/USD) – Week 30 – New top expected.
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