Hi traders, like and follow if you agree.
As we can see in this 3h timeframe chart, oil price is still rising in a continuous way from december: couple of weeks uptrend, couple of weeks lateralization with supports and resistances retestings.
A few days ago we received a good short signal from MACD indicators.
Price is likely to return towards the $56 level to than move sideways within a horizontal channel.
A drop below $56, or even $53,5 could confirm a reverse downtrend, otherwise we can expect new highs following the main positive trendline.
Good trading!
As we can see in this 3h timeframe chart, oil price is still rising in a continuous way from december: couple of weeks uptrend, couple of weeks lateralization with supports and resistances retestings.
A few days ago we received a good short signal from MACD indicators.
Price is likely to return towards the $56 level to than move sideways within a horizontal channel.
A drop below $56, or even $53,5 could confirm a reverse downtrend, otherwise we can expect new highs following the main positive trendline.
Good trading!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.