Get started
Oil - Crude (WTI)
Long

Grude Oil 1D (+ 1w, 4H, 15min) - Market Structure, POI for Trade

By malviainen
Updated
The latest momentum on the daily timeframe showed the market reversing into a bullish cycle. At the moment, this momentum is completing its correction and is approaching the poi to continue the bullish trend. If the price goes beyond $64.34 and the candle closes below this level, a bearish fall to a lower level on the daily time frame
Comment
The weekly timeframe is bullish, at the moment there was a correction of the weekly bullish momentum, if the price continues to fall, the next poi point will be in the area of 27.5 - 10 dollars
snapshot
Comment
4H tineframe
snapshot
Comment
15M timeframe
snapshot
Beyond Technical AnalysisEconomic CyclesTrend Analysis
malviainen
Also on:

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.