morning guys,
pay attention to crude today:
the price is contracting in a descending triangle formation.
though this formation can be broken to both sides I will be focused only on the bearish violation.
if bears manage to break and close below it, the chances will be high that we will see a bearish continuation to 21.2 - next support
and then to current market low 20.2
good luck!
Trade closed: target reached
T1 hit
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.