Supply zone on oil allow to have a quick overview to where price
is heading next
Hi everyone! here we got an exemple of a very nice resistance which already was rejected 3 times. each time stronger and stronger
price formed lower lows allowing to draw a trendline. we could name this pattern a megaphone, it looks like it.
price is already forming several dojis which shows the indecision for now, and stochastic is clearly oversold. it should begin to drop from here. Entering now is a good opportunity to catch a very sharp fall and having a tight SL
next target is 60, tp's are on chart.
Hi everyone! here we got an exemple of a very nice resistance which already was rejected 3 times. each time stronger and stronger
price formed lower lows allowing to draw a trendline. we could name this pattern a megaphone, it looks like it.
price is already forming several dojis which shows the indecision for now, and stochastic is clearly oversold. it should begin to drop from here. Entering now is a good opportunity to catch a very sharp fall and having a tight SL
next target is 60, tp's are on chart.
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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.