US OIL (WTI/USD) – Week 39 – Pullback first, new top expected la
Last week, the pair rose and found some resistance at the $74 level.
For next week, our next step will be to monitor if we break the next resistance and head towards a new yearly high. If that is to happen, at some point we will expect the price to pullback towards the blue trendline before gaining more bullish momentum.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For next week, our next step will be to monitor if we break the next resistance and head towards a new yearly high. If that is to happen, at some point we will expect the price to pullback towards the blue trendline before gaining more bullish momentum.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Operación cerrada: objetivo alcanzado
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.