Hi everyone,
After the market rallied during the last week in favor of the US dollar ,
we sold off later in the day making the chart bearish in the short run.
It seems we are forming a descending triangle .
We could go to 18.75 soon, and that could be a break to 18.50, especially if oil price don't fall.
On the other hand, if we go bullish , I expect the prices to go to 19.19 and then to 19.50.
However, as I mentioned, I am more in favor of a downside.
After the market rallied during the last week in favor of the US dollar ,
we sold off later in the day making the chart bearish in the short run.
It seems we are forming a descending triangle .
We could go to 18.75 soon, and that could be a break to 18.50, especially if oil price don't fall.
On the other hand, if we go bullish , I expect the prices to go to 19.19 and then to 19.50.
However, as I mentioned, I am more in favor of a downside.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.