Crude oil, after breaking through the downtrend line, has gained a very good momentum to nearly $83/barrel. Currently waiting for the cross of ma50 and ma200 daily (Golden cross) to confirm a long-term uptrend of crude oil => Long-term buying opportunity in the near future.
Currently, crude oil in the D1 frame is currently at the resistance area of 82 - 83. Yesterday, crude oil had a correction but immediately increased again, however, the increasing momentum on the daily frame is showing signs of weakening when the RSI tending to create lower peaks => Possibly in the next 1-2 weeks Crude oil will have a downward correction. This is an opportunity to buy crude oil products. The first watchable price zone to buy is the 75 - 77 price zone.
Currently, crude oil in the D1 frame is currently at the resistance area of 82 - 83. Yesterday, crude oil had a correction but immediately increased again, however, the increasing momentum on the daily frame is showing signs of weakening when the RSI tending to create lower peaks => Possibly in the next 1-2 weeks Crude oil will have a downward correction. This is an opportunity to buy crude oil products. The first watchable price zone to buy is the 75 - 77 price zone.
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.