Wednesday, 24 August 2022
13:44 PM (WIB)


The situation in the Crude Oil movement has changed. With Bullish taking control right now since the price exited from the downtrend box. And standing above MA200 in a 4-hour time frame, and still moving up at the top Resistance.

I closed my order at $93.97 because the price is still possible to move and break out from the resistance lines. With the top speed from bullish. The situation can be changed immediately, it depends on the strength bulls. Once the price stop moving up, the price should be moved down to at least $91.

So, I will wait until the price moves down again and start to order from the lowest price.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.