Crude Oil Technical Analysis

10 апр.

CL1! (Crude Oil) is forming a large head and shoulders pattern on 1hour chart. It is current retesting a previous support and holding at a demand area. A clean break below demand, below 84.85 would signal a price continuation down. For now, Jeanius is giving two buy signals which could be the beginning of another deep retracement upward. If we could get a strong bullish candle close above the current resistance, I would drop to a lower timeframe to confirm structural change to the upside to target the 1hour fair value gap and daily levels. Lets wait and see.

10 апр.

Сделка активна

PT almost hit at the 1hour fair value gap

11 апр.

Сделка закрыта: достигнута тейк-профит цена