CRUDE OIL
Wednesday, 12 October 2022
22:46 PM (WIB)
As seen on the chart, on 12 Oct ’22 from 17.00 PM to 21.00 PM prices start falling down and exiting from the Rising Wedge Formation.
Bears success to push the price down and now stand above the MA50D in a daily trading session. The move just touched 38.2% FR.
The question is:
Where are the Bulls? Why do they keep the price falling to 38.2% FR?
So, the Bulls have abandoned and let the Bears take control to move down to 38.2% FR.
Is it going to fall to 61.8% FR? Or move back to the Ancient Support Lines from 2020?
22:46 PM (WIB)
As seen on the chart, on 12 Oct ’22 from 17.00 PM to 21.00 PM prices start falling down and exiting from the Rising Wedge Formation.
Bears success to push the price down and now stand above the MA50D in a daily trading session. The move just touched 38.2% FR.
The question is:
Where are the Bulls? Why do they keep the price falling to 38.2% FR?
So, the Bulls have abandoned and let the Bears take control to move down to 38.2% FR.
Is it going to fall to 61.8% FR? Or move back to the Ancient Support Lines from 2020?
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.
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.