CRUDE OIL (WTI): Overbought Market?!
https://www.tradingview.com/x/jHgHBone/
Crude Oil leaves multiple bearish clues.
The price formed a double top and a rising wedge pattern on a daily
and broke a neckline and a trend line of both patterns.
On an hourly time frame, I see an inverted cup & handle with a confirmed
violation of its neckline.
Looks like the market is overbought.
We may expect a correction to 82.07
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Crude Oil leaves multiple bearish clues.
The price formed a double top and a rising wedge pattern on a daily
and broke a neckline and a trend line of both patterns.
On an hourly time frame, I see an inverted cup & handle with a confirmed
violation of its neckline.
Looks like the market is overbought.
We may expect a correction to 82.07
❤️Please, support my work with like, thank you!❤️
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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.