The ultrashortterm downtrend is still present and dominant. As long as we trade below that trendline, the Sentiment is still bearish.
A first longsignal would be the break of the illustrated bullish wedge @ 45,6$ .
If oil could break the last high @ 46,5$, the Chance increases for a further upwave to 49$. 49$ is the "real" longtrigger for a strategical Position.
Trading below 43.9$ will accelertate the downtrend. The "real" downtrigger for a longer shorttrade is 42.95$. TPs--> 41$ 39$
Best Regards
Mary
A first longsignal would be the break of the illustrated bullish wedge @ 45,6$ .
If oil could break the last high @ 46,5$, the Chance increases for a further upwave to 49$. 49$ is the "real" longtrigger for a strategical Position.
Trading below 43.9$ will accelertate the downtrend. The "real" downtrigger for a longer shorttrade is 42.95$. TPs--> 41$ 39$
Best Regards
Mary
Note
Note
Note
adios bullish wedge.... we dipped deep..deeper than i thought....now there are two important shortterm Action Points: 43,8 as Trigger for a tiny upwave up to 44 and 44.5 .... and 43,5 as Trigger for a short down to 43/ 42.6 
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.