KENJICHEN

OIL will show triple top??

Short
TVC:USOIL   CFD sur Pétrole brut WTI

USOIL
OIL seems will have correction in the following days, may reveal Triple Top pattern.
It‘s rising for 46 days til now after touch 41.70 low, however, it just exceed the horizon which last downtrend continues and achieve half of it.
Also oil got the Fib 0.382 pressure and fall back, consequently, oil may have correction for recent uptrend.

Therefore, I expect USOIl will got a short bounce ,then weaken in following days.

Support: 53.12 / 53.53 / 54.06

Resistance: 51.90 / 52.20

Like if you trade, make Ideas or comments with me :D

Idées en relation

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.