OIL: Weekly Further Tightening!
Hello dear energy sector friends, hope you're doing well guys! ;)
Just have a look at our last analysis when Trump had made the tariffs decisions with regards to China and compare to the current chart:
=> Our anticipation of an Equilibrium pattern (tightening range) perfectly played out, as USOIL bounced from the bottom of $50 psychological with a strong Hammer candle.
Conclusio: We're gonna get a decision on this tightening range soon, and if that happens, we'll see big moves to either direction. Have a great weekend! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses!
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Just have a look at our last analysis when Trump had made the tariffs decisions with regards to China and compare to the current chart:
=> Our anticipation of an Equilibrium pattern (tightening range) perfectly played out, as USOIL bounced from the bottom of $50 psychological with a strong Hammer candle.
Conclusio: We're gonna get a decision on this tightening range soon, and if that happens, we'll see big moves to either direction. Have a great weekend! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses!
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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