MoneyFlowTrader

3 drives pattern formed inside the multi triangles

MoneyFlowTrader Actualizado   
TVC:USOIL   CFDs sobre petróleo crudo WTI
5
Interesting that that a 3 drives pattern formed inside the 3 triangles. I'll have to remember & look for this next time. I have the Daily resistances of $50.93 and the .618 fib at $50.34 if moving avg continue to move up there is a possibility of oil hitting $53-$52.00 Monday-Tues opening, the market is trading as if its pricing in Opec Cut. I only have 1/4 position regardless and will continue to study these triangles. The 4hr chart also showed a cross of 18/200 which i've been monitoring and studying on multiple time frames for continuation purposes.
Comentarios:
If momentum continues on to the daily, $52.50 is a possibility . I'm curious to see if $52.50 - $53.00 offers a short or oil goes full bull flag on watch for next week

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.