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Shadower1005
2018년 3월 15일 오전 9시 19분

BCOUSD Symmetrical triangle Short opportunity 

Brent Crude OilOANDA

설명

Good Morning,
Chart has allowed us to spot symmetrical triangle, which can be found as continuation or reversal sign. In my opinion this formation will support further downward movement. To support my point of view, you can see on the chart that second trend line was broke and we are likely heading to a main trend line below. Moreover we can see that MA50 was crossed and probably so as MA100. Range of the formation is fitting very well with Fibo 127.2 and structural support. Short positions should be opened below closest supports as shown on the chart.
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Remember it's only my point of view, every investment you make is fully on your risk.
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