Crude Oil: is this a false breakout or not?

17 thg 11, 2016

Hard to say if it's a false breakout. We need a confirmation: price will bounce or re-enter in the main channel? We'll see.

24 thg 11, 2016

Ghi chú

Long confirmation will arrive if price break 49 resistance level

29 thg 11, 2016

Ghi chú

crude oil is retesting channel bottom. pattern still valid

7 thg 12, 2016

Ghi chú

It clearly was a false breakout :)