Oil is now at the top of a wedge pattern on the 4H chart. Look to see how price reacts at this falling resistance. It is also close to the 127.2% extension ($47.53) of the previous swing high. The previous high of $47.72 created on September 8 could also act as resistance. Look to buy retracements but be aware of overhead resistance zones. Look for reversal patterns at these resistance levels.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
