OXTUSD: Possible Cup & Handle Pattern Forming

28 thg 11, 2020

Hello Traders, we may be seeing a possible cup and handle pattern forming if we hit resistance at the .30 price point. A price movement upwards would be expected upon a successful break of the .30. I've highlighted a few TP price points I will be eyeing as this plays out.

MACD just crossed on the 4Hour.

Very interesting movement. This one has a few different options. So keep tight stop losses and conservative Take Profits.

30 thg 11, 2020

Giao dịch đang hoạt động

.30 resistance, has now become the support. Nxt resistance barrier looks to be .31/.32, if we can break this and maintain it above it, we should see recent highs retested at .37