I personally see crude in 2 different ways.
1.
- fall a little more to have a power to rebound up to the previous high easy.
- then, it will be completely bullish until the 80-90 dollars zone
2.
- take some time with sideways channel and digest the volume thats done until now..
- then the crude will gain its momentum to soar up to the same 80-90 dollars price line.
- However, ultimately it will go up until ATH and it will be the sign to sell your house and place your position with those money. This applies to the first scenario as well.
1.
- fall a little more to have a power to rebound up to the previous high easy.
- then, it will be completely bullish until the 80-90 dollars zone
2.
- take some time with sideways channel and digest the volume thats done until now..
- then the crude will gain its momentum to soar up to the same 80-90 dollars price line.
- However, ultimately it will go up until ATH and it will be the sign to sell your house and place your position with those money. This applies to the first scenario as well.
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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.