Crude Oil Futures (Jun 2020)Mis à jour Oil with stiff overhead resistance. But mostly clear to $23-24.
1. Oil futures did not go to zero, dummies. Learn how futures contracts work.
2. Been a while since we've seen $25+ oil, which is why we see the light blue, orange, and purple levels above price.
3. That said, I can't recommend shorting the bottom on oil. Oil from $20 - 23 is a 10% increase, and we're pretty clear to get back to $23-24. You could easily blow out your account if oil prices suddenly rise 10% one day ($20 to $22).
2. Been a while since we've seen $25+ oil, which is why we see the light blue, orange, and purple levels above price.
3. That said, I can't recommend shorting the bottom on oil. Oil from $20 - 23 is a 10% increase, and we're pretty clear to get back to $23-24. You could easily blow out your account if oil prices suddenly rise 10% one day ($20 to $22).
Note
A. Light Blue: Weekly Levels (W)B. Green: Daily Levels (D)
C. Purple: Monthly Levels and above (MO)
D. Orange: 3 day levels. (3D).
E. Red: (12 hour levels and below.)
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Clause de non-responsabilité
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.