US Oil Looking to Get Rekt at The PCZ of a Bearish Alt BatWe have a Bullish 3 Line Strike at the PCZ of a Bearish Alt-Bat on this Bullish ETF for US Crude Oil and are showing Bearish Divergence after taking out the Price-Action of more than 3 of the previous Bullish Days with one Bearish Day this signals to me that the major Bearish reversal is about to begin.
On a side note the MACD has crossed Bearishly.
DBO trade ideas
Hammer at DBOHello Investor,
After a big fall, the OIL ETF presents an excellent BUY opportunity. Yesterday, the DBO close's created a bullish hammer pattern.
The target is the close the GAP. The stop loss is right bellow the hammer's minimum.
Good trades,
Lucas Sampaio
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Olá Investidor,
Depois de uma grande queda, o OIL ETF apresenta uma excelente oportunidade de COMPRA. Ontem, o fechamento do DBO criou um padrão de martelo de alta.
O objetivo é fechar o GAP. O stop loss está logo abaixo do mínimo do martelo.
Bons investimentos,
Lucas Sampaio