Third attempt on 1D to break the 70.60 Resistance. Long.
The second attempt to break the 70.60 Resistance on 1D failed as the chart stayed neutral (RSI = 42.406, STOCH = 47.032) under significant selling pressure from the last two bearish Inventory Reports. We expect a 3rd attempt (dotted curve) to commence aiming at the Resistance break-out. This attempt will be this time supported on the 1W Channel Up (RSI = 50.993, MACD = 2.130) on the 64.30 Higher Low mark. We remain bullish aiming at 71.88 and 72.86 in extension.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.