United States Oil FundPembelian
USO Recovery
Inverted H&S forming with following supporting evidence of recovery:
- Increasing volume at the apex on the right shoulder. This was when OPEC+ announced cuts to production. Scared sellers took advantage of the pump to $5.8 to unload, but momentum has stayed strong.
- This past week has seen the first strong flip from sellers to buyers being in control since the drop started in early January.
- RSI has been diverging since the start of the inverted H&S pattern.
- We have now crossed the middle BB line and we will likely start following upper BB line up.
- Increasing volume at the apex on the right shoulder. This was when OPEC+ announced cuts to production. Scared sellers took advantage of the pump to $5.8 to unload, but momentum has stayed strong.
- This past week has seen the first strong flip from sellers to buyers being in control since the drop started in early January.
- RSI has been diverging since the start of the inverted H&S pattern.
- We have now crossed the middle BB line and we will likely start following upper BB line up.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.