CFDs on Crude Oil (WTI)Updated USOIL: TIGHT BULL CHANNEL. WHERE'S THE SELLING PRESSURE? ;)
50's seem acting as magnet to price.
Since the Feb low of 26.03 , we have recorded only 2 negative weeks. The first negative week was w/o delay countered in the week that followed.
The second negative week was last week. Additionally.......it had tails below =buyers around.
I'm thinking............^_^ Will history repeat itself?
Since the Feb low of 26.03 , we have recorded only 2 negative weeks. The first negative week was w/o delay countered in the week that followed.
The second negative week was last week. Additionally.......it had tails below =buyers around.
I'm thinking............^_^ Will history repeat itself?
Note
New Daily Highs3.amazonaws.com/tradingview/snapshots/p/poMTYzlt.png
Note
BUYING PRESSURE s3.amazonaws.com/tradingview/snapshots/x/XdUhkOlf.pngNote
Last week closed on its upper 50%. Some concern for the bears, I guess ;) s3.amazonaws.com/tradingview/snapshots/p/pubua2aU.pngNote
There's a magnet @ 50 s3.amazonaws.com/tradingview/snapshots/p/PhCJh4To.pngNote
Closes near high of day yesterday s3.amazonaws.com/tradingview/snapshots/x/XEEU7BNr.pngNote
Good context! Good Signal! But would this pass for a short.....? I am short from 47.85 but nimble s3.amazonaws.com/tradingview/snapshots/i/i73QFohI.png
Note
3B Wedge https://TOPhttps://s3.amazonaws.com/tradingview/snapshots/r/RrQYOo5K.pngNote
THE MAGNETISM OF 50 s3.amazonaws.com/tradingview/snapshots/d/dS8chszk.png
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.