Oil: Week9 Update
Updated
Hi Guys,
Monday and Tuesday it tried to move higher but was kept under the 195SMA. Wednesday tried to move higher but again failed and now the 75SMA could push it towards 55.67 level. If 55.67 level is breached Oil may dip to 55.
Let's wait & see.
Thank you for your support and for sharing your ideas.
Don't forget to like if you like the post and to follow if you want to receive notifications on new or updated ideas.
Respect, Be Carefull and Enjoy:)
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Monday and Tuesday it tried to move higher but was kept under the 195SMA. Wednesday tried to move higher but again failed and now the 75SMA could push it towards 55.67 level. If 55.67 level is breached Oil may dip to 55.
Let's wait & see.
Thank you for your support and for sharing your ideas.
Don't forget to like if you like the post and to follow if you want to receive notifications on new or updated ideas.
Respect, Be Carefull and Enjoy:)
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
The following it's the W chart. Will price, supported by 10SMA, close the week/last candlestick making a 5 above 3 on 91SMA? One day left to do it.Note
Note
Trade closed: target reached
Related publications
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.