CRUDE OIL
Thursday, 20 October 2022
1:01 AM (WIB)
So, the bulls are still there exactly at 61.8%, and defend the lines also break out from MA100. I’m not expecting this bull move, but the Stochastic and MACD say it’s time for a bull run. In this structure, the price is still possible to fall back to support lines. It’s 01:00 AM (WIB) now. The price movement is getting late at night now, and this is bad for long-term transactions.
1:01 AM (WIB)
So, the bulls are still there exactly at 61.8%, and defend the lines also break out from MA100. I’m not expecting this bull move, but the Stochastic and MACD say it’s time for a bull run. In this structure, the price is still possible to fall back to support lines. It’s 01:00 AM (WIB) now. The price movement is getting late at night now, and this is bad for long-term transactions.
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