Weekly Chart - Short for Oil (CL)
Hello all,
The volume gave us a short trade in oil this week. The situation is clear, the short volume is now greater than long volume. Aditionally, the prices is making a double top.
We are going to be in the short meantime the short volume is still greater than long volume.
With the retracement fibo we can check the potential supports, specially the fibo 61.8%.
Have a good day
The volume gave us a short trade in oil this week. The situation is clear, the short volume is now greater than long volume. Aditionally, the prices is making a double top.
We are going to be in the short meantime the short volume is still greater than long volume.
With the retracement fibo we can check the potential supports, specially the fibo 61.8%.
Have a good day
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.