USOIL seems to be in a falling wedge.
This pattern seems to be formed but not ready to break yet, think the black gold will drop a little more before make some gains.
Will update later on if this wedge is holding or broke, if it closes in like expected this could be a good trade opportunity.
Thanks for reading and I would appreciate some feedback!
This pattern seems to be formed but not ready to break yet, think the black gold will drop a little more before make some gains.
Will update later on if this wedge is holding or broke, if it closes in like expected this could be a good trade opportunity.
Thanks for reading and I would appreciate some feedback!
Trading ditutup: target tercapai
If traded, recommend to take profit now. Will update later todayCatatan
This falling wedge worked out perfectly.To be honest I expected to be in this wedge for a little longer.
That last drop looks like it triggered a lot buying pressure to breakout of the wedges resistance line.
Even the profit looks like a textbook example of a wedge: the wedge opened with a difference of around 1.50$ (55.50$-54.00$) just as the profit is after breakout 1.50$
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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.