Correction Pattern
If it is still bullish:
According to the past 1.5 month correction experience, there are 4 possible correction patterns:
1. RED: Fast correction - Target at 33.1
2. Blue: Fast, too - Target at 33.0
3. Pink: one week correction: Target at 31
4. Brown: one and half week correction: Target at 33.8
After a healthy correction, then next move might be target at USD$38 to 41 per barrel.
If price break lower than 31, then might be bearish.
According to the past 1.5 month correction experience, there are 4 possible correction patterns:
1. RED: Fast correction - Target at 33.1
2. Blue: Fast, too - Target at 33.0
3. Pink: one week correction: Target at 31
4. Brown: one and half week correction: Target at 33.8
After a healthy correction, then next move might be target at USD$38 to 41 per barrel.
If price break lower than 31, then might be bearish.
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.