goodguy

Update on crude oil: Correction about over?

FX:USOIL   CFDs on Crude Oil (WTI)
43 1 1
A couple of weeks I posted and suggested the correction from the recent rise from 37.73 may well be a deep one to .78% or even back to crude oil             price of 37.7 to possible form a double bottom . IFFF the channels I have drawn are of any importance then we have a potential confluence of lines near the .786 level (lower black horizontal dotted line) which may provide support.
For myself I would like to see a positive candle formation in the daily chart and a break of the short term down trend line on the 120 minute chart before going long. Take care. Have a great weekend.
Good call, goodguy!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out