Technical Analysis: Crude Oil (1-Hour Timeframe)
Short-Term Outlook: Bearish
Trade Setup:
Entry: Below 6410
Target: 6360
Stop Loss: 6436
Rationale:
The price is currently below the crucial level of 6410. A break below this level suggests a potential bearish trend. The target of 6360 represents a potential downside move. However, if the price moves above 6436, it invalidates the bearish setup.
Risk Management:
The stop loss at 6436 is placed to limit potential losses if the market moves against the trade.
Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
IF THIS WILL HELP YOU PLEASE LIKE THE POST
Short-Term Outlook: Bearish
Trade Setup:
Entry: Below 6410
Target: 6360
Stop Loss: 6436
Rationale:
The price is currently below the crucial level of 6410. A break below this level suggests a potential bearish trend. The target of 6360 represents a potential downside move. However, if the price moves above 6436, it invalidates the bearish setup.
Risk Management:
The stop loss at 6436 is placed to limit potential losses if the market moves against the trade.
Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
IF THIS WILL HELP YOU PLEASE LIKE THE POST
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.