Hello everyone. Crude oil has been really volatile since Feb mainly due to the supply issues.
Price has been retreated from the high created on March 7th by almost 30%. It formed a triangle shape with solid demand zone(92-94.81) being tested twice.
From the daily chart, we can see crude oil is at the crossroad. One possible scenario is the sideway move between the range of $92-$105.
What do you think? Feel free to share your thoughts below.
Price has been retreated from the high created on March 7th by almost 30%. It formed a triangle shape with solid demand zone(92-94.81) being tested twice.
From the daily chart, we can see crude oil is at the crossroad. One possible scenario is the sideway move between the range of $92-$105.
What do you think? Feel free to share your thoughts below.
ノート
Triangle has been violated 
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plan your trade and trade your plan
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。