From the previous analysis I analyzed as oil could bottom at 75 dollar.
However it broke my resistant and stayed at 70 dollar point.
Even the oil broke my resistant line. I kept my bullish analysis because it didn't show any major bearish pattern.
I personally confirm that recent bearish move was just a fake one.
I adjusted my bullish target to 90 dollar and I will re-analyze oil again when it reaches to my target.
Double overselling term is showing and sustainable oil demand will push to higher price indeed.
However it broke my resistant and stayed at 70 dollar point.
Even the oil broke my resistant line. I kept my bullish analysis because it didn't show any major bearish pattern.
I personally confirm that recent bearish move was just a fake one.
I adjusted my bullish target to 90 dollar and I will re-analyze oil again when it reaches to my target.
Double overselling term is showing and sustainable oil demand will push to higher price indeed.
Trade aktif:
let's see the bullish first quarter of 2023 for the oil.
Komentar:
no worries
Komentar:
bullish and more inflation is coming
Komentar:
90 dollar is coming almost
Komentar:
Black gold :)
Trading ditutup secara manual:
I will re-analyze oil again. chart is being mad right now.
I would rather hold my cash and wait.
I would rather hold my cash and wait.
Order dibatalkan
Trade aktif:
bullish for oil again. trade entry under 82 and stop at 78
Komentar:
oil shortage shows continuation. price is still bullsih.
Komentar:
continue
Order dibatalkan:
trading cancelled due to oil shows bearish move again.
let's take some rest and watch the chart again.
let's take some rest and watch the chart again.