CARIMIN - lookout for upside towards neckline (of cup and handle
It was on its way to complete the handle when the oil steams slows down due to new Covid strain. But seems the +ve momentum is coming back and probably we could see the trend resumes. However in H1, no indicator indicates a reversal yet, probably to wait for better signal during trading day.
R 0.680, 0.700, 0.760 (neckline)
S 0.650
This will be invalid if the price break support at 0.650. Knowing the cyclical energy sector, we could trade it for short term gain only, and be very strict to cut when the loss still small.
Sentimen: Short term bullish Brent/WTI price
TAYOR
R 0.680, 0.700, 0.760 (neckline)
S 0.650
This will be invalid if the price break support at 0.650. Knowing the cyclical energy sector, we could trade it for short term gain only, and be very strict to cut when the loss still small.
Sentimen: Short term bullish Brent/WTI price
TAYOR
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