Long
Crude oil possibility
Looks like crude oil is in complex correction which has crossed 100% extension and might touch 1.27 (78$) or 1.382 (74$) level
It is also trying to take support at 79-78 level which is 0.786 retracement level from recent low-high below that can touch 78 or 74 level in coming days...
It might also take support on long trendline 75$
If sharp move from 74 level then it MIGHT make another ATH
If it comes before 75 then try buying at 74 level with Sl 73 & target of 90$ +
This is just my view please make your own analisys and trade safe
It is also trying to take support at 79-78 level which is 0.786 retracement level from recent low-high below that can touch 78 or 74 level in coming days...
It might also take support on long trendline 75$
If sharp move from 74 level then it MIGHT make another ATH
If it comes before 75 then try buying at 74 level with Sl 73 & target of 90$ +
This is just my view please make your own analisys and trade safe
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Publications connexes
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.