Oil still on a bullish channel, but always when touched the resistance LTA trendline, was rejected.
We can expect now a visit to the base of the channel or if broke the support of the channel, we expect the possibilitie to visit the 61,80% fibo, 74.555.
MTFP turnpoint is 89.59. Bellow this we will expect a continuation of a bearish momentum.
Targets on Chart.
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
We can expect now a visit to the base of the channel or if broke the support of the channel, we expect the possibilitie to visit the 61,80% fibo, 74.555.
MTFP turnpoint is 89.59. Bellow this we will expect a continuation of a bearish momentum.
Targets on Chart.
Be carefull, patient and discipline.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Good trades to All.
Trade active
well done! Target Won!
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.
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.