Hello traders, it has been a while.
Here is a harmonic pattern trading setup capable of initiate the reversion in the OIL market.
If the price manage to descent in the 21$/barrel territory accompanied with the right price action we will have a chance to go long.
Of course news are playing a key role in the Oil market and maybe a dicline to that price to be followed by a new agreement/announcement of OPEC and Non-OPEC producers for more drastic measyres in order to support the price.
In any case this is a technical analysis setup and can be stand alone.
Targets to the 38,2% and 61,8% AD retracement and Stops 10-20 pips below X point.
With regards,
Michail Sideris
Here is a harmonic pattern trading setup capable of initiate the reversion in the OIL market.
If the price manage to descent in the 21$/barrel territory accompanied with the right price action we will have a chance to go long.
Of course news are playing a key role in the Oil market and maybe a dicline to that price to be followed by a new agreement/announcement of OPEC and Non-OPEC producers for more drastic measyres in order to support the price.
In any case this is a technical analysis setup and can be stand alone.
Targets to the 38,2% and 61,8% AD retracement and Stops 10-20 pips below X point.
With regards,
Michail Sideris
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。