Breakout in Oils??? | Commodity trading

in #steemhunt4 years ago

Screenshot_2020-08-08-13-11-57-02_47156649b070b5878ed30c05d64ec18b.jpg

We can see a beautiful triangular pattern in the US Oils. If the oils open down in the next trading session then their might be a big fall in the price of US Oils. So, anybody who's willing to trade in crude may go short if the US Oils open down.

Screenshot_2020-08-08-13-18-01-71_47156649b070b5878ed30c05d64ec18b.jpg

On the other hand the 15 minutes candle shows an upper breakout in the last session and if it continues to be in upside then the oil to go up by atleast 2.98% to see a major breakout in day candle.

Stay home, stay safe, trade safe.

Coin Marketplace

STEEM 0.24
TRX 0.26
JST 0.041
BTC 98449.34
ETH 3495.58
USDT 1.00
SBD 3.36