Fundamentals-
A month into 2022 we have seen a slow grind into highs for NYMEX:CL1! . This is unusual as seasonally oil trades down this time of year. In part, this can be accredited to growing demand in European markets due to tensions between Russia and Ukraine. I don't expect this demand can or has been priced in efficiently. As we head into February and...
Hellooo...My Dragon Friends
Oil Movement, need some reversal movement.
to make another higher
Lets See
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hellooo...My Dragon Friends
i see OIL will going to 80 after that will correction down fast.
cause we can see some sign with Bearish Divergence at RSI and Stocastic.
Lets See
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Hellooo...my Dragon Friends
I see Oil Have Bearish Divergence dan i see this resistance still strong HOLD.
it will back down soon.
Lets See
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Hellooo...My Dragon Friends
Oil movement last week break our trendline, i stop for more uptrend will STOP around here.
it will make little retracement down, to make right shoulder or retest for break the trendline.
if it happen, SHS pattern will be valid.
Lets See
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Hellooo...My Dragon Friends
OIL movement still down, follow the trendline rule, going down...
if break the support we can see more downtrend
Lets See
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Smart Trading
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