USOIL has been seeing incredible strength after its 26.01 lows earlier this year. It does not show much sign of slowing down and thus it is important to identify possible positions of resistance to its long trend.
From the chart I have illustrated 3 levels which are likely to prove some strong resistance. The thicker the line the strong the resistance at each level is.
Ignoring the 50.46 level, we should identify 53.28 level as being composed of a strong horizontal resistance + 0.764 fib level. Thus it qualifies as a strong resistance. Breaking this could be a very strong BULLISH sign.
The next major level is 61.53. Breaking this level could likely lead to restoration of previous year USOIL prices of around 100.
Safe and successful trading
From the chart I have illustrated 3 levels which are likely to prove some strong resistance. The thicker the line the strong the resistance at each level is.
Ignoring the 50.46 level, we should identify 53.28 level as being composed of a strong horizontal resistance + 0.764 fib level. Thus it qualifies as a strong resistance. Breaking this could be a very strong BULLISH sign.
The next major level is 61.53. Breaking this level could likely lead to restoration of previous year USOIL prices of around 100.
Safe and successful trading
노트
OPEC meeting tomorrow! Watch out for major moves
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.