Oil prices crashed and this created a great opportunity for trading. Why? Volatility. There is a clear divergence between the RSI and volume. In regards to the price, a rising wedge is forming. This indicates that supply is becoming more anxious at this zone. Identified a daily supply zone, and a good looking entry spot with a good reward/risk ratio. Ratio is about 4.3:1.
Jack Swagger (1996) mentioned some benefits to the investor for using charts. Set up entry and target. provides concise price history provides a good sense of market volatility timing tool reflect market behavior that is subject to certain repetitive patterns.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.