US Oil - is the bearish move still valid ?
Hey all,
On a montlhy chart, prices are giving a bearish signal with a cross of EMA, on the MACD indicator.
This bearish signal open a wider window for a more important retracement. First target is located at 73$, flat of monthly Kijun. Then, 70$ with the golden ratio of Fibonacci extension.
On short term the situation is definitely bearish, with prices below the daily cloud.
Let's see how it goes !
On a montlhy chart, prices are giving a bearish signal with a cross of EMA, on the MACD indicator.
This bearish signal open a wider window for a more important retracement. First target is located at 73$, flat of monthly Kijun. Then, 70$ with the golden ratio of Fibonacci extension.
On short term the situation is definitely bearish, with prices below the daily cloud.
Let's see how it goes !
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.