Crude Oil/USD rate (January 2022)
Been a while since providing an update on crude oil/oil futures. This is about the best "fractal" idea I can come up with right now. I'm expecting some alternations but probably nothing too crazy outside these general patterns and price action paths.
I can't really say too much on reasons or fundamentals for why price will do this right now, I just haven't tried to keep up with current events pertaining to oil. Publishing this now to hopefully come back for a deeper analysis later.
Previous charts I've built coming to this conclusion:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Been a while since providing an update on crude oil/oil futures. This is about the best "fractal" idea I can come up with right now. I'm expecting some alternations but probably nothing too crazy outside these general patterns and price action paths.
I can't really say too much on reasons or fundamentals for why price will do this right now, I just haven't tried to keep up with current events pertaining to oil. Publishing this now to hopefully come back for a deeper analysis later.
Previous charts I've built coming to this conclusion:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
