Target: 39.00
Risk: 45.30
Crude oil price trades with bearish bias to approach from completing a head and shoulders’ pattern that appears on chart, the confirmation level of this pattern is located at 43.40, and breaking this level will push the price to decline towards 39.00 mainly.
Stochastic offers negative signal that supports completing the mentioned negative pattern, thus, the bearish trend will be expected for the coming period, and the price stability below 45.30 is an important condition to achieve the waited targets.
fxhighway.com
facebook.com/fxhighwaycom/
twitter.com/
FXHighway mobile App:
Android: play.google.com/store/apps/details?id=com.fxhighway.apps
IOS: itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=1071234193&mt=8
Risk: 45.30
Crude oil price trades with bearish bias to approach from completing a head and shoulders’ pattern that appears on chart, the confirmation level of this pattern is located at 43.40, and breaking this level will push the price to decline towards 39.00 mainly.
Stochastic offers negative signal that supports completing the mentioned negative pattern, thus, the bearish trend will be expected for the coming period, and the price stability below 45.30 is an important condition to achieve the waited targets.
fxhighway.com
facebook.com/fxhighwaycom/
twitter.com/
FXHighway mobile App:
Android: play.google.com/store/apps/details?id=com.fxhighway.apps
IOS: itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=1071234193&mt=8
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.