CL (OIL) - DOUBLE TOP - SHORT
Good afternoon everyone! Today consider CL1! more globally.
We have formed a classic figure: "double top".
This is a very strong signal in a short position, the nearest support level is at the price: 61.27 (POC1), this is our immediate goal. If this level is broken through, the next target at the level of 57.63 (POC2), where the EMA 200 is located, overcoming this level will be a stronger signal in the short position with the potential for movement to the base of the vertices. STOCHASTIC RSI is pointing down, which confirms the forthcoming movement
We have formed a classic figure: "double top".
This is a very strong signal in a short position, the nearest support level is at the price: 61.27 (POC1), this is our immediate goal. If this level is broken through, the next target at the level of 57.63 (POC2), where the EMA 200 is located, overcoming this level will be a stronger signal in the short position with the potential for movement to the base of the vertices. STOCHASTIC RSI is pointing down, which confirms the forthcoming movement
Penafian
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