USOIL Sell swing updated
Updated
Pushed lower by the long-term guideline. Before falling it can try to go up to 43.40.
Targets recalculated with channel and MA200: 42.60 (touched last week, now again), 41.40 (naked), 40 and 38.50.
Targets recalculated with channel and MA200: 42.60 (touched last week, now again), 41.40 (naked), 40 and 38.50.
Note
The long-term orange guideline causes you to lose ground from the wedge a second time, the first time it was held by the MA200. Green bearish channel. MA200 now at 42.50.For me the key this week is whether it respects the bearish green channel. If it tries to break up above, it will continue to find the long-term orange guideline. If at any point it tried to break above the long-term, the first strong stop would be the thick green guideline at 45.
La directriz naranja de largo plazo hace que pierda suelo de la cuña por segunda vez, la primera vez lo sujetó la MA200. Canal bajista verde. MA200 ahora en 42.50.
Para mí la clave esta semana está en si respeta el canal verde bajista. Si lo intenta romper por arriba se va a seguir encontrando la directriz naranja de largo plazo. Si en algún momento intentase romper por arriba la de largo plazo, la primera parada fuerte sería la directriz verde gruesa en 45.
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