Crude Oil is at Support. Though we see a Rejection at the Support the current strength of Trend is more to the negative side.
We got the Kumo Breakout and Market has already broken second bearish fractal which shows the signs of bearishness.
Based Elements theory the Trend is biased based on TK Cross.
So though Crude is at Support right now. I expect it to fall more to reach the Target level.
The Stop loss is bit on higher side since market has tendency to move up and hit KS.
Good Stop is above Bullish fractal. If we break bull fractal then Market structure will break and it won't be bearish.
Good Luck and God Bless
We got the Kumo Breakout and Market has already broken second bearish fractal which shows the signs of bearishness.
Based Elements theory the Trend is biased based on TK Cross.
So though Crude is at Support right now. I expect it to fall more to reach the Target level.
The Stop loss is bit on higher side since market has tendency to move up and hit KS.
Good Stop is above Bullish fractal. If we break bull fractal then Market structure will break and it won't be bearish.
Good Luck and God Bless
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.