Adding this instrument to the forecast List.
This analysis is a bit aggressive since I am looking for Oil to keep shorting in the market during today's NY session or earlier next week. There is an area that I am highly interested in since it will meet a lot of technical setups, moreover for traders who trade based on support and resistance. Currently, we can see that price is correctively retracing 50% of the recent bearish impulse.
Signs for Reanalysis: If price action goes beyond 101.000, then this chart needs to be reanalyzed.
Quick Tip: As a trader you must analyze and reanalyze since the story of an instrument can change at any given period.
This analysis is a bit aggressive since I am looking for Oil to keep shorting in the market during today's NY session or earlier next week. There is an area that I am highly interested in since it will meet a lot of technical setups, moreover for traders who trade based on support and resistance. Currently, we can see that price is correctively retracing 50% of the recent bearish impulse.
Signs for Reanalysis: If price action goes beyond 101.000, then this chart needs to be reanalyzed.
Quick Tip: As a trader you must analyze and reanalyze since the story of an instrument can change at any given period.
Nota
This analysis is now invalid
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.