Oil pitchfork
Updated
Oil has had two similar downward moves and this third wave, if similar to the others, coincides with pitchfork lower channel. This kind of moves signals a consistent and established trend.
Trade active
Trend is there but doesn't escape consistently from that resistance. Let's wait.
Related publications
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.