OIL. is the downtrend ended?
The OIL made finished trhe downtrend, when you use FIB Retracement, the lowest price reached the 0.786 and started move upward, the Head Should Bottom is not we really respect the shape pattern, because the right shoulder is lower than the lift one , but the price price moved Higher-Low and Higher-high may appeared. we may reduce the risk by % of valume and make a long position.
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.