InvestMate|USOIL Strong support, watch out for increases🛢
🛢USOIL Strong support, watch out for increases.
🛢As I predicted in the previous post the dips, this time it is time for an upward scenario:
🛢We are at a key point in the level.
🛢A strong support zone determined by the 0.618 level of the entire upward wave and the points where the price has reacted in the past.
🛢Also we are at the lower edge of the downtrend channel, which undercuts the possibility of an upward breakout.
🛢I have determined the resistance zone based on the 0.236 level of the entire upward wave and the points where the price has previously stopped multiple times.
🛢The scenario I am playing out is a breakout from the support zone and a retest of the resistance zone.
🛢As I predicted in the previous post the dips, this time it is time for an upward scenario:
🛢We are at a key point in the level.
🛢A strong support zone determined by the 0.618 level of the entire upward wave and the points where the price has reacted in the past.
🛢Also we are at the lower edge of the downtrend channel, which undercuts the possibility of an upward breakout.
🛢I have determined the resistance zone based on the 0.236 level of the entire upward wave and the points where the price has previously stopped multiple times.
🛢The scenario I am playing out is a breakout from the support zone and a retest of the resistance zone.
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đź’˛ To keep up to date with all my activities I invite you to visit my Telegram đź’˛
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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.