Hi traders, like and follow if you agree.
As we can see in this 3h timeframe chart, oil price is still rising in a continuous way from december: couple of weeks uptrend, couple of weeks lateralization with supports and resistances retestings.
A few days ago we received a good short signal from MACD indicators.
Price is likely to return towards the $56 level to than move sideways within a horizontal channel.
A drop below $56, or even $53,5 could confirm a reverse downtrend, otherwise we can expect new highs following the main positive trendline.
Good trading!
As we can see in this 3h timeframe chart, oil price is still rising in a continuous way from december: couple of weeks uptrend, couple of weeks lateralization with supports and resistances retestings.
A few days ago we received a good short signal from MACD indicators.
Price is likely to return towards the $56 level to than move sideways within a horizontal channel.
A drop below $56, or even $53,5 could confirm a reverse downtrend, otherwise we can expect new highs following the main positive trendline.
Good trading!
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.