USOIL - Breakout of key level structure
Oil this week was ranging between key levels 56.25's to mid 57's.
Price finally broke through our key level support of 56.25. We are expecting a retracement/retest back to this level before price may further sell off. Looking for sell positions at our retest zone if price gives confirmation.
If price continues to push downwards, we can expect prices to hit the 55.40's.
Price finally broke through our key level support of 56.25. We are expecting a retracement/retest back to this level before price may further sell off. Looking for sell positions at our retest zone if price gives confirmation.
If price continues to push downwards, we can expect prices to hit the 55.40's.
Order dibatalkan
Price reversed from the break. That is why we always wait for confirmation before entry.
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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.