I can agree with the bearish wedge especially based on RSI and MACD however, this trend has been solidified. IMHO LT technicals have proved to be a joke with oil this year. If anything I think we have a double bottom and its next small correction to mid 50's then leg up to the support line area from 1999 to 2002 to 2010 to 2015. I am short but not for long
@therancher, would agree the wedge play out and correct toward 50ish ~ then followed by final melt up phrase to 80-90 area. So short term pattern vs long term pattern will play out (actually the H&S neckline is in 52)
Diese Website verwendet Cookies, um sicherzustellen, dass Sie das bestmögliche Erlebnis auf unserer Website haben. Um mehr über Cookies zu erfahren, einschließlich darüber, wie man Cookies kontrolliert, lesen Sie bitte unsere Cookies Richtlinie.