On daily chart bullish flag has formed.
However if we look at weekly situation it's more like SHS formation. The last big bearish candle telling us that more drope is comming. The best place to take long postions is 40.00 / 37,50 area. Stop loss 34,92.
However if we look at weekly situation it's more like SHS formation. The last big bearish candle telling us that more drope is comming. The best place to take long postions is 40.00 / 37,50 area. Stop loss 34,92.
Note
new OIL analys here :
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.