Crude Oil, Bullish Parallel Channel Analysis
Crude Oil is bouncing between the Support and the Resistance of this Bullish Parallel Channel. Now we are also retesting the long-term support level. Bullish Volume is strong and the RSI is in the range. It's an Interesting Area!
In this case three things can happen.
Sky is not the Limit
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
In this case three things can happen.
- Bounce higher, the Target would be the long-term Resistance Zone
- Break Down the Current Support and retest Channel's Support
- Sideways Trend until it reaches Channel's Support
Sky is not the Limit
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。