Hampeh

Hampeh

Overall, the pitchfork indicates a downtrend in crude oil. However, a potential breakout is forming. If successful, we could see a price increase in the short term.

Hampeh

Summary analysis : Price Movement: The current price is at 71.43, showing a slight decrease of 0.01 (-0.02%) from the previous close. The price has been relatively stable within a narrow range, with the high at 71.46 and the low at 71.38. Trend Indicator s: The Heikin Ashi candles suggest a potential consolidation phase, as there is no strong directional...

Hampeh

FCPO look bullish after making a regular divergence and making a higher high structure. Price is now at a resistance area. Maybe make a retracement before going up or just go up without a retracement.

Hampeh

FCPO is likely to start changing the trend to an uptrend.

Hampeh

Looks like FCPO is at the 4 hour timeframe support level. If viewed in terms of fibonacci retracement, it is likely that the price will go down.

Hampeh

Miss this support zon, possible going if maintain above this zone.

Hampeh

Just a simple chart analyst. It looks like FCPO is making a rejection against the trendline and RBS (Support Become Resistance)

Hampeh

For me, FCPO bias goes up sideways for several days.

Hampeh

As you can see, prices make a higher high and higher low. The structure is there. So for me, a long position is less risky than a short position.

Hampeh

This is my daily chart view. I think price will find resistance zone before making a decision.

Hampeh

Let's see if FCPO will go to the retrace zone and then make a decision. Go up or go down. The short-term decision, Long if breaks resistance and short if opens below resistance.

Hampeh

My drawing shows that FCPO bias for going more higher.

Hampeh

It is difficult to predict if the cryptocurrency market will be bullish in the future. The value of cryptocurrencies can be highly volatile and is affected by a variety of factors such as market sentiment, regulatory changes, and global economic conditions.

Hampeh

USOIL is expected to test the support area before continuing to bear down or make a rise.

Hampeh

Let's see if the price reaches the near support zone.

Hampeh

Sideway, a day trader, sees money take money. Swing trader, wait and see.

Hampeh

Clearly price still in downtrend Andrew Pitchfork. Seller still in charge.

Hampeh

Let see if seller still in control. This analysis for education purposes only.