Oil: No monthly green candle following October inverted hammer
November monthly continuation to the upside failed following October's monthly inverted hammer candle signaling bearishness into December
Last November daily candle signaled price in the process of going down so coming week should see further downside.
Price target is last's year low.
Last November daily candle signaled price in the process of going down so coming week should see further downside.
Price target is last's year low.
Trade active
Trade closed: stop reached
SL hit
No continuation to the downside
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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.