- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- WTI Price Analysis: Bulls remains in the game despite strong drop
WTI Price Analysis: Bulls remains in the game despite strong drop
- WTI price is on the back side of the channel, so that is longer-term bullish.
- WTI H4 M-formation is bullish and a break of the neckline will likely put the bias back in favour.
- Break below $76.40 will be putting on some serious heat on the committed bulls.
As per the prior analysis, the price has been in a phase of distribution for the month of December, so far, following a break of a major bear channel as the following analysis will illustrate:
WTI prior analysis
In the above daily charts, it was shown that WTI was seen moving into prior highs and this had swept liquidity where a schematic of distribution was being printed:
A move towards where WTI short position stops were likely located was anticipated as per the above hourly chart.
A continuation of the downside in Oil to target liquidity below $78.00 was expected eventually while below $81.50:
WTI update
The W-formation on the daily chart has seen the price move to test the neckline.
On the 4-hour chart, the M-formation is bullish and a break of the neckline, or a 50% mean reversion, will likely put the bias back in favour of the bull for a continuation higher. After all, the price is on the back side of the channel, so that is longer-term bullish. However, a break below $76.40 will be putting on some serious heat on the committed bulls as per the following daily and 4-hour charts:
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
