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TOTAL at Trend Resistance

324
Total almost hit 1T today. Maybe one more attempt?

I do not see total overcoming the descending trendline at this time and closing a daily above 1T.

Perhaps another low to support between the $600-700B range to complete C and Accumulation Test/Spring before the next breakout and bull run.

Good Luck
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On target for more descent
Not
Was that the SPRING? Once the test comes, if it doesn't break lower than that could confirm final stages of accumulation. We will see
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Is the TEST underway?
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RSI has BULLISH Divergence, SQUEEZE appears ready to cross bullish very soon.

I am watching 850B level to begin a higher high.

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.