Technical Analysis: Crude Oil (1 - DAY Timeframe)
In the 1-day timeframe, we're currently observing a developing cup and handle pattern.
Should the price sustain below the demand zone, the probability of further downside increases, signaling potential bearish momentum?
Conversely, if a reversal occurs, there is a strong likelihood of a significant upside movement, with a possible 400+ point advance.
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Disclaimer: This is a technical analysis based on current data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
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In the 1-day timeframe, we're currently observing a developing cup and handle pattern.
Should the price sustain below the demand zone, the probability of further downside increases, signaling potential bearish momentum?
Conversely, if a reversal occurs, there is a strong likelihood of a significant upside movement, with a possible 400+ point advance.
IF THIS WILL HELP YOU PLEASE LIKE THE POST ❤️
Disclaimer: This is a technical analysis based on current data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
FOLLOW FOR INTRADAY SETUP ❤️
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.
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.