Oil possible Bottoms
Mis à jour
I'll be looking for signs of reversal once we reach any of these points. Although I'm thinking the 0.5 Fib more likely to be the bottom, I can't rule out the 0.618 Fib. Shorting beyond this point is not advisable. W/L Ratio is not good
Commentaire
The point for a perfect Inverse Head & Shoulders was arround 39.3 which got hit yesterday an then again earlier today.tradingview.com/chart/Ni6Tx3UO/
Commentaire
On our 4hr chart, looks like Oil is making a wedge, meaning it could fall some more, and possibly make a new bottom. So I recomend being careful with longs. This could be a short opportunity (but risky) once the wedge is broken.Trade fermée: cible de profit atteinte
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.