My last WTI Oil chart for today
I did some bad calls today. Price for both WTI and Brent continued higher than what I had anticipated.
This strong upward move is probably due to 2 things.
1. A counter move to the heavy fall in oil price the last few days. It fell below any and all possible trendlines and channels basically.
2. It also may have hit a bottom for now, at the pink trend line.
I just managed to draw this trend channel which at the end of the session it closed at the top of.
Now the question is, will it fall down from here, or break up?
This strong upward move is probably due to 2 things.
1. A counter move to the heavy fall in oil price the last few days. It fell below any and all possible trendlines and channels basically.
2. It also may have hit a bottom for now, at the pink trend line.
I just managed to draw this trend channel which at the end of the session it closed at the top of.
Now the question is, will it fall down from here, or break up?
Bài đăng liên quan
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.