Friday, 11 December 2020
22:20 PM (WIB)
Six-hour from now, the oils market will be closed. Start from the base ground at $33 to the rising wedge movement to the top price at $47, It is clear to see Crude Oil has touched the resistance line twice, and now is on the sideways move to the price of $49. I am expecting from that price The Bears could take control of Crude Oil into the Fibonacci R. Lines. Different from other markets, the chart movement did not show a clever and relationship in the business manner. So, I'm expecting at this point, Crude Oil will be forming an Evening Star for the next week.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
22:20 PM (WIB)
Six-hour from now, the oils market will be closed. Start from the base ground at $33 to the rising wedge movement to the top price at $47, It is clear to see Crude Oil has touched the resistance line twice, and now is on the sideways move to the price of $49. I am expecting from that price The Bears could take control of Crude Oil into the Fibonacci R. Lines. Different from other markets, the chart movement did not show a clever and relationship in the business manner. So, I'm expecting at this point, Crude Oil will be forming an Evening Star for the next week.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"