Oil has been in a very strong bullish trend since the start of the war between Russia and Ukraine.
Price first gave a pennant continuation which didn't play out as well as thought.
The market has now given us a double bottom which can commonly represent a bullish continuation, and in this contact it does.
We also have the confluence of the falling wedge. We should look to long and have our Targets at the prices marked in red.
Price first gave a pennant continuation which didn't play out as well as thought.
The market has now given us a double bottom which can commonly represent a bullish continuation, and in this contact it does.
We also have the confluence of the falling wedge. We should look to long and have our Targets at the prices marked in red.
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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.