thescalpmaster
Short

USOIL - looks like a fake bullish breakout

FX:USOIL   Crude Oil (WTI)
241 2 2
Look at the arrows near breakouts and the volume . Today's breakout looks fake. Today, we still haven't crossed the previous week's high. All of these suggest that it is a bad idea to long this one.
Ashrith,

I believe as of yesterday you were thinking that oil would go to $49. Based on this chart you are thinking that oil prices have peaked and will go down from here?
Reply
Other parameters are also wierd for real breake out. I agree with you. Better to watch for clear signals
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out