FXbrawler

BCOUSD - The big picture

OANDA:BCOUSD   Brent Crude Oil
BCO broke out of a reversed H&S pattern and now came into some resistance. It is accumulating in a triangle formation which suggests a continuation, however, I don't rule out that it will pop on the downside. For now I am watching it, but given that this pattern is visible on a weekly chart, I will pyramid heavily into either direction it chooses. For now I am just messing around taking scalps into the pattern as I just did today. Be careful not to be caught on the wrong side of a trade with it though, as a monster is about to emerge from the water.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.