Oil possible Bottoms
Aggiornato
I'll be looking for signs of reversal once we reach any of these points. Although I'm thinking the 0.5 Fib more likely to be the bottom, I can't rule out the 0.618 Fib. Shorting beyond this point is not advisable. W/L Ratio is not good
Nota
The point for a perfect Inverse Head & Shoulders was arround 39.3 which got hit yesterday an then again earlier today.tradingview.com/chart/Ni6Tx3UO/
Nota
On our 4hr chart, looks like Oil is making a wedge, meaning it could fall some more, and possibly make a new bottom. So I recomend being careful with longs. This could be a short opportunity (but risky) once the wedge is broken.Trade chiuso: obiettivo raggiunto
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.