Horizontal zone retracement opportunities
https://www.tradingview.com/x/q41dpCEW/
Weekly chart shows buy signal for mid term target at red box zone
With the weekly candle piercing the previous support and following a green candle in this week, we could expect the price will try to reach its resistance again
In the horizontal zone retracement was 1, 33%, 2, 24% and the latest 30%.
The first low US$54.00 will serve as the 2nd support
Weekly chart shows buy signal for mid term target at red box zone
With the weekly candle piercing the previous support and following a green candle in this week, we could expect the price will try to reach its resistance again
In the horizontal zone retracement was 1, 33%, 2, 24% and the latest 30%.
The first low US$54.00 will serve as the 2nd support
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.