The waves show the direction, and if this daily candle closes significantly lower than the previous low, and the red countertrend line breaks, we may witness a nice fall in the oil prices.
Of course, the OPEC may step in, but the trend is a trend.
Let me know what you think in the comments!
Stay Patient, Stay Disciplined!
Of course, the OPEC may step in, but the trend is a trend.
Let me know what you think in the comments!
Stay Patient, Stay Disciplined!
Day trader capitalizing on the expansion phases of emerging trends.
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Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
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.