Monday will be a very important day for crude oil. If it breakdown indicated level, it will probably return back under 40 $ per barrel. Conversely if it will bounce on indicated level it could go over 50 $ per barrel before novemeber ends.
As always trade with care!
As always trade with care!
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update: hourly chart
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Crude Oil is inside a symmetrical triangle
Trade ist aktiv:
Breakout confirmed. I'm short
Trade geschlossen: Stop wurde erreicht
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price bumped on bottom line. tp1 @ 45.7
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little retrace before 3rd wave
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pay attention to 46.30 lvl
