Consider all of our favorite and unpredictable oil. I love this tool for its power reserve and profit.
Since July 2017, a clear trend line has formed, periodically to which the instrument returns, it is time to return. Since the beginning of April, we have seen acceleration of traffic and its stop in the region of 70. Three times CL tried to tooth 70, after the second attempt, the last accelerated trend broke through and returned to it.
At the CMO, two divergences are immediately visible, but the latter, bullish, has not fully formed. With its formation, we can observe once again the movement to the resistance control point, but remember, the instrument has not yet made a proper correction since April 6, any entry into a long position now is countertrend trading.
EMA 5 and 20 broke through the slow EMA, the instrument itself is under EMA 50, which confirms the future downward movement.
The nearest target in the correction level is 50%, calculated at 64.5, where the instrument will support: the control point, the trend line, the fibbonacci level.
Based on this review, all traders on a smaller timeframe should be more careful and willing to open a short position.
We invite you to visit our site, where you will find indicators of open interest for cryptovanuvut and training programs, a link in the status of the profile.
Since July 2017, a clear trend line has formed, periodically to which the instrument returns, it is time to return. Since the beginning of April, we have seen acceleration of traffic and its stop in the region of 70. Three times CL tried to tooth 70, after the second attempt, the last accelerated trend broke through and returned to it.
At the CMO, two divergences are immediately visible, but the latter, bullish, has not fully formed. With its formation, we can observe once again the movement to the resistance control point, but remember, the instrument has not yet made a proper correction since April 6, any entry into a long position now is countertrend trading.
EMA 5 and 20 broke through the slow EMA, the instrument itself is under EMA 50, which confirms the future downward movement.
The nearest target in the correction level is 50%, calculated at 64.5, where the instrument will support: the control point, the trend line, the fibbonacci level.
Based on this review, all traders on a smaller timeframe should be more careful and willing to open a short position.
We invite you to visit our site, where you will find indicators of open interest for cryptovanuvut and training programs, a link in the status of the profile.
Сделка закрыта: достигнута стоп-лосс цена
