West Texas OilViés de baixa
WTI | Selloff Back to $68 w/USD/JPY Correlation
Since the last call on Oil we successfully hit the $77 target.
This next move is now looking to head back to $68 support based on the pivot moves within the current Descending Triangle pattern.
This is also another opportunity to take a back-to-back swing on
USDJPY
We got divergence on the forex pair acting like the 'price' and 'oil' acting like the indication
(Convergence/Divergence)
Oil moves first on the down move and usdjpy will follow through after it makes one more leg up.
This next move is now looking to head back to $68 support based on the pivot moves within the current Descending Triangle pattern.
This is also another opportunity to take a back-to-back swing on
USDJPYWe got divergence on the forex pair acting like the 'price' and 'oil' acting like the indication
(Convergence/Divergence)
Oil moves first on the down move and usdjpy will follow through after it makes one more leg up.
NathanAL
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NathanAL
Publicações relacionadas
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.