As mentioned in the latest analysis, our LONG target was 65.25 – 65.50 region.
Then we followed the bearish harmonic pattern, and our second target was 64.06. Price reached the second target and reacted. – 110 pips were not bad –
We tried to explain the bullish and bearish fundamentals of Crude Oil.
The main trend is bullish.
Intraday Levels to keep eye on :
64.84 is the first support. The bullish move will continue as long as the price holds above 64.84.
65.26 and 65.63 are the next targets. Daily closing above 65.63 will take the price 66.41 and 67.49.
If the breaks below 64.84, 64.45 and 64.06 will be the targets of Crude Oil.
63.33 is the EMA support and can be used as buying opportunity.
Good Luck
Then we followed the bearish harmonic pattern, and our second target was 64.06. Price reached the second target and reacted. – 110 pips were not bad –
We tried to explain the bullish and bearish fundamentals of Crude Oil.
The main trend is bullish.
Intraday Levels to keep eye on :
64.84 is the first support. The bullish move will continue as long as the price holds above 64.84.
65.26 and 65.63 are the next targets. Daily closing above 65.63 will take the price 66.41 and 67.49.
If the breaks below 64.84, 64.45 and 64.06 will be the targets of Crude Oil.
63.33 is the EMA support and can be used as buying opportunity.
Good Luck
Note
Daily Chart: On the downside: We have 2 key levels to watch. 64.06 and 62.50. The bullish move will continue as long as the Crude Oil prices stay above 62.50.
On the upside: 66.41 67.19
On the downside: 65.63 64.84 64.06
Key Sub Levels for intraday trading:
Upside: 66.02
Down Side: 65.23 64.45
Pullbacks are buying opportunities.
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Our pattern worked as predicted and generated 90 pips so far.
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For alerts,special reports,news and singals over 15.000 + instruments our free discord channel
discord.gg/4DrmXHfvnG
About AI Discord Channel: bit.ly/470HjmP
Ücretsiz Discord Kanalımız
discord.gg/4DrmXHfvnG
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About AI Discord Channel: bit.ly/470HjmP
Ücretsiz Discord Kanalımız
discord.gg/4DrmXHfvnG
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.