From our previous post, Crude Oil has gone up In price at a staggering $92.88/per barrel. As of now, I am not In favor of any long position trades whatsoever
The U.S dollar would have to follow the sideways channel (Blue dotted lines) I had laid out In my previous post on DXY, thus going even higher which would then ultimately bring the price of Crude Oil to a lower price.
-Levels Of Significance: $85.98
$87.35
$87.50
$88.04
$88.89
$90.30
$92.62
$95.25
$97.01
The Highest I see Crude Oil reaching before moving to the downside would be $97.01, as well as $95.25, well see tho.
The U.S dollar would have to follow the sideways channel (Blue dotted lines) I had laid out In my previous post on DXY, thus going even higher which would then ultimately bring the price of Crude Oil to a lower price.
-Levels Of Significance: $85.98
$87.35
$87.50
$88.04
$88.89
$90.30
$92.62
$95.25
$97.01
The Highest I see Crude Oil reaching before moving to the downside would be $97.01, as well as $95.25, well see tho.
Nota
$95.25 BreachedPenafian
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.