Consolidation Before Breakout! Big Move Coming
CRUDE OIL FUTURES
✅it is consolidating before a breakout from a long-term descending trendline, signaling a potential strong upward move.
✅Strong support around 6500 levels due to the ascending trendline. The breakout above the resistance around 6900 suggests a potential move towards 8000+ levels.
✅indicators are showing bullish momentum, supporting the breakout scenario. Volume increase confirms strong buying interest and bullish sentiment, backing up the breakout scenario.
✅it is consolidating before a breakout from a long-term descending trendline, signaling a potential strong upward move.
✅Strong support around 6500 levels due to the ascending trendline. The breakout above the resistance around 6900 suggests a potential move towards 8000+ levels.
✅indicators are showing bullish momentum, supporting the breakout scenario. Volume increase confirms strong buying interest and bullish sentiment, backing up the breakout scenario.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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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.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.