IDEA - CXY still on a B of a Major 4. It´s in a down channel and may come down to the bottom at 61.8 before going up. Fundamentally, with OPEC production cut, it may also go up from here. Setup would be at the break of the channel
Note
Perfect move so far to the top of the channel. Inverted Hammer on the daily, may continue on the drawed pathNote
Bouncing of the top of the channel. Buy setup this week or begining of the next I expectNote
Nice bounce downNote
Waiting to hit the bottom of the channel, great move so farNote
Close to the bottom of the channelRelated publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.