Falling wedge Breakout in CRUDE?
Crudeoil Update (4-Hour Timeframe)
Pattern Formation: Falling Wedge, typically suggesting a potential breakout to the upside.
Current Setup: Crudeoil has taken support at the 5900 level and is now trending upward within the wedge.
Entry Above: 6025
Target 1: 6100
Target 2: 6220
Target 3: 6380
Stop-Loss: 5970
Analysis: Price has shown resilience at support, and a breakout could be triggered above 6025. Watching closely for an upward move.
Risk Management: Ensure proper stop-loss placement to guard against reversals.
Disclaimer: This is a technical analysis based on current data, not financial advice. Always trade with caution.
Pattern Formation: Falling Wedge, typically suggesting a potential breakout to the upside.
Current Setup: Crudeoil has taken support at the 5900 level and is now trending upward within the wedge.
Entry Above: 6025
Target 1: 6100
Target 2: 6220
Target 3: 6380
Stop-Loss: 5970
Analysis: Price has shown resilience at support, and a breakout could be triggered above 6025. Watching closely for an upward move.
Risk Management: Ensure proper stop-loss placement to guard against reversals.
Disclaimer: This is a technical analysis based on current data, not financial advice. Always trade with caution.
İşlem aktif
ACTIVENot
1st target 6100 done
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.