Trend Continue To Bearish USOIL on 1st June 2022
Bullish Retracement just complete fibo at 261.8
Now it's time to continue Bearish Trend
However, there are 3 SNR must be break out in order to go down
1) 116.14
2) 115.91
3) 115.67
As we know, every movement up or down will follow by retracement
So, the breakout down must happen before price start to retrace
if failed to break these price, retracement become trend
Now it's time to continue Bearish Trend
However, there are 3 SNR must be break out in order to go down
1) 116.14
2) 115.91
3) 115.67
As we know, every movement up or down will follow by retracement
So, the breakout down must happen before price start to retrace
if failed to break these price, retracement become trend
Note
Now waiting for Divergence before SHORT via StochasticNote
Divergence already appear Then follow by Bearish Engulfing
Next price target is 113.71
Note
already at price target
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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.