WTI has broken up and formed an upwards channel
Neither WTI nor Brent did come down at the top of the downward sloping channel as I had assumed yesterday. They broke up instead, not without fight though as seen at the top of the channel.
Now WTI has formed an upward sloping channel, which it also broke up from, and has retested from above.
On monday I assume it will move back into this channel, try it's bottom and continue up.
Longs should be taken when price bounces on the bottom of the channel
I will publish a closer look of this channel too.
Now WTI has formed an upward sloping channel, which it also broke up from, and has retested from above.
On monday I assume it will move back into this channel, try it's bottom and continue up.
Longs should be taken when price bounces on the bottom of the channel
I will publish a closer look of this channel too.
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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.