Ascending Trend line Line - L/T Technical support from March 2020 lows.
*Using a weekly candle chart,
*Crude right on an upward trend line testing, using the March 2020 low.
*Crude should bounce from here current level having been tough to break over the last 2 years.
*Unless we are about to live a historical correction moment on Oil (liquidation/ news flow / Itan) the current price action set up is favouring longs here.
As an aside we are also reaching a 50% retardement Fibonacci ratio level taking High 2022/ March 2020 Low.
CL1!
*Using a weekly candle chart,
*Crude right on an upward trend line testing, using the March 2020 low.
*Crude should bounce from here current level having been tough to break over the last 2 years.
*Unless we are about to live a historical correction moment on Oil (liquidation/ news flow / Itan) the current price action set up is favouring longs here.
As an aside we are also reaching a 50% retardement Fibonacci ratio level taking High 2022/ March 2020 Low.
CL1!거래청산: 스탑 닿음
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.