Sunday, 28 August 2022
14:28 PM (WIB)
Tomorrow and next week are very important movements for Crude Oil to decide the price whether going down or up. Because the price has been hit the lowest price at $85. That price is exactly at the Lowest Lines of Ascending Channel from 0.
The price itself is still possible to move back down to between $86-$93. So, watch intensively the price movement tomorrow. And manages carefully the transactions.
Although the price move in Bearish Market, there are Super Bulls that are already on standby at the lowest price.
The Stochastic Lines has been moved into the Overbought area with RSI stand at the Middle 50. So, there are possibilities for the price will meet pressure to get lower. And the MACD Lines still developing bullish movement far below the 0.
From this view, I made a decision for Crude Oil still trading in the range between $88 - $93.
14:28 PM (WIB)
Tomorrow and next week are very important movements for Crude Oil to decide the price whether going down or up. Because the price has been hit the lowest price at $85. That price is exactly at the Lowest Lines of Ascending Channel from 0.
The price itself is still possible to move back down to between $86-$93. So, watch intensively the price movement tomorrow. And manages carefully the transactions.
Although the price move in Bearish Market, there are Super Bulls that are already on standby at the lowest price.
The Stochastic Lines has been moved into the Overbought area with RSI stand at the Middle 50. So, there are possibilities for the price will meet pressure to get lower. And the MACD Lines still developing bullish movement far below the 0.
From this view, I made a decision for Crude Oil still trading in the range between $88 - $93.