Oil Shooting up sharp in near future if H&S collapses
I'm using the gold standard here for valuing Oil.
As described in chart, the pattern formed is currently that of a H&S, and the ratio is retracing towards the 61.8%
Keeping an entry point there for oil, I suggest a long strategy for oil with everything you got.
Also, what if the retracement ends there... Still time to make money by Shorting oil with all that you got as this would be the second leg up for gold to oil ratio.
Please share your millions :)
As described in chart, the pattern formed is currently that of a H&S, and the ratio is retracing towards the 61.8%
Keeping an entry point there for oil, I suggest a long strategy for oil with everything you got.
Also, what if the retracement ends there... Still time to make money by Shorting oil with all that you got as this would be the second leg up for gold to oil ratio.
Please share your millions :)
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.