Hi everyone,
After the market rallied during the last week in favor of the US dollar ,
we sold off later in the day making the chart bearish in the short run.
It seems we are forming a descending triangle .
We could go to 18.75 soon, and that could be a break to 18.50, especially if oil price don't fall.
On the other hand, if we go bullish , I expect the prices to go to 19.19 and then to 19.50.
However, as I mentioned, I am more in favor of a downside.
After the market rallied during the last week in favor of the US dollar ,
we sold off later in the day making the chart bearish in the short run.
It seems we are forming a descending triangle .
We could go to 18.75 soon, and that could be a break to 18.50, especially if oil price don't fall.
On the other hand, if we go bullish , I expect the prices to go to 19.19 and then to 19.50.
However, as I mentioned, I am more in favor of a downside.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.