Hello traders:
Last Friday's Alert: [Early Friday morning, during the closing hours of Thursday's US session, oil reached our second target, and long positions were closed with profit! New long positions are not recommended at this time!
This is because on the 4-hour chart, oil showed alternating bullish and bearish candle patterns, which signals short-term consolidation or volatility.]
On the daily chart, oil closed bearish on Monday, forming a reversal and retracement signal for the daily trend.
Therefore, using support structure levels, the short-term retracement targets are:
TP1: 71.80
TP2: 70.50
GOOD LUCK!
LESS IS MORE!
Last Friday's Alert: [Early Friday morning, during the closing hours of Thursday's US session, oil reached our second target, and long positions were closed with profit! New long positions are not recommended at this time!
This is because on the 4-hour chart, oil showed alternating bullish and bearish candle patterns, which signals short-term consolidation or volatility.]
On the daily chart, oil closed bearish on Monday, forming a reversal and retracement signal for the daily trend.
Therefore, using support structure levels, the short-term retracement targets are:
TP1: 71.80
TP2: 70.50
GOOD LUCK!
LESS IS MORE!
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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.
Join Free Telegram Group to get all the updates: t.me/FuntraderVera
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.