After US OIL testing its ATH 0.886 point, non-trending zigzag moving may come out, but energy has a slow moving vehicle character.
This recent 0.886 high point also took about 14 years.
Making plans, trading plans with knowing where the long-term trend of the market is heading to by analyzing the chart with the market conditions will help us making successful trades.
To complete this 1.618 expanding Bearish Shark pattern, it may take several years.
Bamm reaction just started.
Please view as a "long-term plan"
Good Luck.
This recent 0.886 high point also took about 14 years.
Making plans, trading plans with knowing where the long-term trend of the market is heading to by analyzing the chart with the market conditions will help us making successful trades.
To complete this 1.618 expanding Bearish Shark pattern, it may take several years.
Bamm reaction just started.
Please view as a "long-term plan"
Good Luck.
Note
CL1!The possibility of overshooting up cannot be ruled out as it has been to negative oil prices.
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✅ Join OKX with 30% trading fee discount
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✅ Twitter
twitter.com/MarketObserverK
✅ Telegram
t.me/marketobserverkjournal
✅ Instagram
instagram.com/marketobserverk/
okx.com/join/MARKETOBSERVERK
twitter.com/MarketObserverK
✅ Telegram
t.me/marketobserverkjournal
instagram.com/marketobserverk/
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.