CRUDE OIL 20.00 NOW UP & VOLATILE
WEEKLY PRICE CHART and probable price projections.
there are many options of analysis, I have kept it simple as possible...
If X=77.00, A=42.40, B=67.00-66.00, C=19.30 THEN D= 64.00-70.00 or upto 84.00-92(D=X*1.13-1.27 OR HIGHER).
FROM 19.30 higher to T1= 37.00-42.00(SUP/RES) then lower to 29.00-25.00 (supp/res), higher from here to T2=47.00-54.00(sup/res)
47.00-54.00 then lower again to 37.00-42.00 (sup/res), higher to retest T2=47.00-54.00 and continuation higher
to T3=64.00-70.00 for completion of D or an extension higher to T3=84.00-92.00 for completion of D.
there are many options of analysis, I have kept it simple as possible...
If X=77.00, A=42.40, B=67.00-66.00, C=19.30 THEN D= 64.00-70.00 or upto 84.00-92(D=X*1.13-1.27 OR HIGHER).
FROM 19.30 higher to T1= 37.00-42.00(SUP/RES) then lower to 29.00-25.00 (supp/res), higher from here to T2=47.00-54.00(sup/res)
47.00-54.00 then lower again to 37.00-42.00 (sup/res), higher to retest T2=47.00-54.00 and continuation higher
to T3=64.00-70.00 for completion of D or an extension higher to T3=84.00-92.00 for completion of D.
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.
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.