Crude Oil Futures (Dec 2020)
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Güncellendi

December Crude Futures... Running out of Gas near the $35 level

60
A potental Deep Crab has formed on the December Crude Futures contract.

Typically this formation overextends and can terminate at a 1.95 extention level.

This also happens to be a .786 retracement of the April 20/21st range.

No hurry on this as it is a 5 hour chart. Let the top form and the oscillator in the bottom pane roll-over as confirmation.

Don't chase this

S.
Not
If you draw a PFork from the April high and low the MedianLine comes in at the .786 retracement level. I'd attach an image if I could but TV is useless on documentation.

S
Not
Sideways action .... perhaps a little higher...no position yet...could see 35.35!

Feragatname

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.