moneyflow_trader

consolidation Until Apex Breakout

לונג
moneyflow_trader מעודכן   
TVC:USOIL   CFDs on WTI Crude Oil
Good evening, here's another view of oil im currently monitoring the 4hr chart. After the retrace from the bearish cypher pattern. Oil retested B leg and bounced back up to the supply zone.
There's a apex that has formed, that is set to be completed by Late Thursday Futures session-Early Friday Futures Session. Oil is showing oversold w/ below the cloud action. I'm anticipating price action to rise into the apex til we get another final confirmed direction for this 4hr trade. There are a lot of traders looking to get into oil long near $65-67, i'm definitely a buyer if we get another chance at that level. However, I believe oil is set to reach $74 per barrel. The conclusion of the Apex trade will dictate if we go higher, or if patient dip buyers will be rewarded.
הערה:
mini crude showing me $74, AD showing an Ascending Triangle
הערה:
letting me know the apex trade is in favor of the bulls
הערה:
same chart , but 30min view
הערה:
triangle very visible now along w/ that apex. remember the 4hr crude mini has an ascending triangle shown by the AD w/ a clear target to $74.50 if you scroll up its the 1st chart...
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.