TradingView
Maxpips
Dec 1, 2020 7:41 AM

WTI bullflag or bearish 3 drive? Short

WTI CRUDE OILTVC

Description

WTI bullflag or bearish 3 drive?
Comments
AntonioFAC
Parece mais uma 3 drive bearish. Longo prazo, as melhores oportunidades de compra em niveis de retração do padrão entre 38 e 41.
Note que o OPEC não deverá chegar a acordo, pois esta tentativa foi falhada contra as espectativas.
O Dólar deverá ajudar a que a resistencia de 50 /54 seja quebrada no proximo ano resultando assim em optimas oportunidades de compra a longo prazo.
Maxpips
@AntonioFAC, It looks more like a 3 bearish drive. Long term, the best buying opportunities in levels of retraction from the standard between 38 and 41.
Note that OPEC should not reach an agreement, as this attempt was unsuccessful against expectations.
The Dollar is expected to help the 50/54 resistance to break in the next year, thus resulting in optimal long-term buying opportunities.

Yes agree with you, thanks
InkyGrip
great analysis! 🦐💎
Maxpips
@plancton0618, thanks
Fxgump
which indicator is on bottom of screen?
Maxpips
@Fxgump, Volatility Channel Index [m59] (free download pine script)
More