Bullish movement expected on Crude Oil by ThinkingAntsOk
Main items we can see on the chart:
a) The price was inside a compression
b) The price broke the compression and now we are observing a corrective structure above it
c) If the price breaks the new corrective structure we expect a bullish movement
d) The target we will be aiming for is the next Resistance zone
a) The price was inside a compression
b) The price broke the compression and now we are observing a corrective structure above it
c) If the price breaks the new corrective structure we expect a bullish movement
d) The target we will be aiming for is the next Resistance zone
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.