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Midterm forecast: . While the price is below the resistance 43.60, beginning of downtrend is expected. . We make sure when the support at 30.85 breaks. . If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08...
We can go for long at the entry point .. safe player can enter only after tribble top area . Have a profitable day
we can for intraday basis long from hear .. if it comes down more avarage at 2995 ... Have a Profitable day
Hi. I'm a begginner. That's my vision about WTI for next few days.
If price trades below $21.90, selling is advisable. Heavy sellers dominated from $26 to $20.77. Then buyers were able to retrace only till $23.60 - the recent high. Price is taking a dynamic resistance of 20 EMA - which is kind of strong trend indication. First Opposing Force for this fall can be expected around $20.25 to $19.70; further price can test $18.60 as...
Buy USOIL between 58.7 & 57.50 T1: 63.30 T2: 65.80 T3: 69.00 T4: 72.60 SL: 53.80
WTI Crude OIL very long term analysis - www.researchgate.net
Will WTI travel on the road on Inventory?
I'm seeing an inverse hidden H&S and a pennant or falling wedge type pattern and they both are bullish. interesting to see if it does work out.. I'll keep it watching closely. Reason and confluences: this graph is experimental.
#WTICrudeOil #USOIL #Crude #CrudeOil
WTI crude oil will take a pause@ 54.59 to check resistance 57.87
Midterm forecast: While the price is below the resistance 66.50, beginning of downtrend is expected. We make sure when the support at 55.20 breaks. If the resistance at 66.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI support #1 at 43 is not broken, the probability of price decrease would be...
Midterm forecast: While the price is below the resistance 66.50, beginning of downtrend is expected. We make sure when the support at 55.20 breaks. If the resistance at 66.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased. A...
Midterm forecast: While the price is below the resistance 66.50, beginning of downtrend is expected. We make sure when the support at 55.20 breaks. If the resistance at 66.50 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased. A...
it has properly broken the sideways which did not go for retracement so we can expect it to go to the area marked over there refer chart for details