Buy Oil WTI - IMO should bounce on this L/T +++
מעודכן
Ascending Trend line Line - L/T Technical support from March 2020 lows.
*Using a weekly candle chart,
*Crude right on an upward trend line testing, using the March 2020 low.
*Crude should bounce from here current level having been tough to break over the last 2 years.
*Unless we are about to live a historical correction moment on Oil (liquidation/ news flow / Itan) the current price action set up is favouring longs here.
As an aside we are also reaching a 50% retardement Fibonacci ratio level taking High 2022/ March 2020 Low.
CL1!
*Using a weekly candle chart,
*Crude right on an upward trend line testing, using the March 2020 low.
*Crude should bounce from here current level having been tough to break over the last 2 years.
*Unless we are about to live a historical correction moment on Oil (liquidation/ news flow / Itan) the current price action set up is favouring longs here.
As an aside we are also reaching a 50% retardement Fibonacci ratio level taking High 2022/ March 2020 Low.
CL1!עסקה סגורה: הגיע לסטופ
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.