Today's focus: Oil
Pattern – Support Hold
Support – 71.80
Resistance – 78.80
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil.
After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current move lower has further to go.
We have reviewed a few scenarios we are looking for, depending on what we see today.
Good trading.
Pattern – Support Hold
Support – 71.80
Resistance – 78.80
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil.
After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current move lower has further to go.
We have reviewed a few scenarios we are looking for, depending on what we see today.
Good trading.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.