#CrudeOil #CLN2020 #4hr #Midterm
- Here is Crude oil 4hr. Today I will analyze in a bigger frame and let you guys know where we are.
- After making a new high at 38.18, it is right now being corrected. In a shorter frame, it is currently in a symmetrical triangle and we must moniter when iit gets broken.
- Also we must pay attention to the orange parallel channel. When it gets broken below, more correction can be expected.
- The major support area I am considering is 34.70~35.40 and 32.70~33.40. 34.70~35.40 is the bottom of the major channels so if this gets broken, it is going to be very bearish for a while.
- On the other hand, if the bottome of the channels succeed to support, the major resistance areas are 40.00~40.60, 41.80~42.40, and 44.30~44.70 .
- 4hr MACD has shown death cross and RSI has just escaped the overbought area so personally, I am expecting a correction for now and test the support of the bottom of the channels.
- Here is Crude oil 4hr. Today I will analyze in a bigger frame and let you guys know where we are.
- After making a new high at 38.18, it is right now being corrected. In a shorter frame, it is currently in a symmetrical triangle and we must moniter when iit gets broken.
- Also we must pay attention to the orange parallel channel. When it gets broken below, more correction can be expected.
- The major support area I am considering is 34.70~35.40 and 32.70~33.40. 34.70~35.40 is the bottom of the major channels so if this gets broken, it is going to be very bearish for a while.
- On the other hand, if the bottome of the channels succeed to support, the major resistance areas are 40.00~40.60, 41.80~42.40, and 44.30~44.70 .
- 4hr MACD has shown death cross and RSI has just escaped the overbought area so personally, I am expecting a correction for now and test the support of the bottom of the channels.
토미 유튜브: bit.ly/Tommy_TV
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
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.
토미 유튜브: bit.ly/Tommy_TV
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
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.