Technical Analysis: Crude Oil (1 - DAY Timeframe)
In the 1-day timeframe, we're currently observing a developing cup and handle pattern.
Should the price sustain below the demand zone, the probability of further downside increases, signaling potential bearish momentum?
Conversely, if a reversal occurs, there is a strong likelihood of a significant upside movement, with a possible 400+ point advance.
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Disclaimer: This is a technical analysis based on current data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
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In the 1-day timeframe, we're currently observing a developing cup and handle pattern.
Should the price sustain below the demand zone, the probability of further downside increases, signaling potential bearish momentum?
Conversely, if a reversal occurs, there is a strong likelihood of a significant upside movement, with a possible 400+ point advance.
IF THIS WILL HELP YOU PLEASE LIKE THE POST ❤️
Disclaimer: This is a technical analysis based on current data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
FOLLOW FOR INTRADAY SETUP ❤️
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.