The light crude oil market has been experiencing a period of consolidation over several months.
A potential scenario that could signal a market shift would be if it breaches and maintains a price point of $82, which would represent a market bottom. At this juncture, a significant long position would be advisable.
As for the gap in trading, it is unnecessary to fill it as the gap range has already undergone extended trading for several months. In instances where a gap is situated within a range, such phenomena is a runaway wake-up gap, it does not require to be filled.
A potential scenario that could signal a market shift would be if it breaches and maintains a price point of $82, which would represent a market bottom. At this juncture, a significant long position would be advisable.
As for the gap in trading, it is unnecessary to fill it as the gap range has already undergone extended trading for several months. In instances where a gap is situated within a range, such phenomena is a runaway wake-up gap, it does not require to be filled.
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.
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.