Mulai
k314

Crude Oil weekly chart study

Penjualan
CFD pada Minyak Mentah WTI (TVC:USOIL)  
k314 Diupdate   
TVC:USOIL   CFD pada Minyak Mentah WTI
Trend Analysis Chart Patterns Technical Indicators Crude Oil Crude Oil WTI Crude Oil Futures WTI (CL1!)
11
0
trendanalysis chartpattern indicator crudeoil usoil cl1!
Crude Oil weekly chart study.

We see that the Fibonacci levels as well as the pitchfork boundary coincides and shows a strong resistance and a possible price reversal zone. RSI divergence also substantiates our bias. We will confirm the beginning of a new downtrend only after the wedge breakdown.
Komentar:
Moving towards the wedge top
Komentar:
Could face strong resistance hereafter (76-78)
Trade aktif:
Rising wedge broken
Komentar:
Massive fall since the rising wedge was broken and Crude hit the pitchfork resistance.
Komentar:
Levels to watch out for next ---> 54-52 zone and 47-49 zone
Komentar:
Crude oil currently at 54-52 zone. Expecting an intermediate bounce from here. One should avoid going long as the major trend is down. Short sellers can book profits here and wait for a bounce before taking fresh short position.
Komentar:
Crude oil closed below 200 week SMA which is a further sign of weakness.
Komentar:
.
Moving exactly as expected.
Could face resistance at the pitchfork boundaries as plotted.
Komentar:
After struggling at the pitchfork boundaries for almost a month now Crude oil is falling sharply
Komentar:
.
Moving exactly as plotted.
Komentar:
At pitchfork median
Komentar:
Moving towards the pitchfork bottom
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.