Crude Oil .... Will the market put a cap on this ?
A trend continues until it doesn't.
Crude in my opinion looks a little toppy after a great run.
4th touch of the upper channel with the previous three indicating a reversal.
Interestingly they are similarly equidistant between each other.
Just a suggestion that things won't go up for ever.
Let a reversal emerge first that is actionable.
Do your own due diligence, respect market and political events.
Not investment advice.
S.
Crude in my opinion looks a little toppy after a great run.
4th touch of the upper channel with the previous three indicating a reversal.
Interestingly they are similarly equidistant between each other.
Just a suggestion that things won't go up for ever.
Let a reversal emerge first that is actionable.
Do your own due diligence, respect market and political events.
Not investment advice.
S.
Not
From an Elliott perspective if Wave 1= Wave 5 then we have seen the top .Not
A trend can continue loner than you think....
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.