CRUDEOIL - BREAKOUT - June 21
Cập nhật
Technical Outlook: Ascending Triangle Hints at Upside Breakout
Chart Pattern: Ascending Triangle (developing)
Current Price: Below 6820 (as specified)
Breakout Levels: Upside: Above 6820
Stop-Loss: 6790 (placement below the triangle)
Targets1 -- 6850
Targets2 -- 6860
Targets3 -- 6890 (based on the triangle's height)
News Catalyst: Increased summer demand and Middle Eastern tensions potentially pushing oil prices towards $90, according to market analysts.
Analysis:
The current price action suggests a forming ascending triangle, which is a bullish continuation pattern. A breakout above the triangle's upper trendline (at $6820) could signal a move towards the mentioned targets.
Confirmation: A confirmed breakout requires a daily close above $6820 with increased trading volume.
Risk Management: A stop-loss order is recommended below the triangle's support level (6790) to limit potential losses if the price falls instead.
Chart Pattern: Ascending Triangle (developing)
Current Price: Below 6820 (as specified)
Breakout Levels: Upside: Above 6820
Stop-Loss: 6790 (placement below the triangle)
Targets1 -- 6850
Targets2 -- 6860
Targets3 -- 6890 (based on the triangle's height)
News Catalyst: Increased summer demand and Middle Eastern tensions potentially pushing oil prices towards $90, according to market analysts.
Analysis:
The current price action suggests a forming ascending triangle, which is a bullish continuation pattern. A breakout above the triangle's upper trendline (at $6820) could signal a move towards the mentioned targets.
Confirmation: A confirmed breakout requires a daily close above $6820 with increased trading volume.
Risk Management: A stop-loss order is recommended below the triangle's support level (6790) to limit potential losses if the price falls instead.
Giao dịch đang hoạt động
Trade Triggered
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.