Giá lên

Perfect Falling Wedge Pattern: Bullish Formation

247
This is on the 2 HR chart on October Contract. Quite a bearish week. I still believe we are headed up. Very short time frame to have a full blown bearish continuation with winter right on the corner and demand expected to start rising with cooler temperatures. Also Hurricanes and storm season is upon us. Usually we see spikes in prices in September, October & November.

We’re reaching very strong support Zones. I believe this could have been a necessary correction for the bullish trend to come. I expect we go to somewhere around 2.7-2.8 where massive resistance is. We could go somewhat lower this week to where the scribbles are below the falling Wedge Pattern which gives us confirmation on a bullish run expected back to bullish trend upward lines.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.