Johnkiew

Oil - Moving in a Channel

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Johnkiew アップデート済   
NYMEX:CL1!   軽質スイート原油(WTI)先物(当限つなぎ足)
The surprised rose in oil inventory have triple analysts forecast and lead to price correction around 3% on yesterday.

On the left chart oil continue to move in a upward channel, each correction from upper channel were 12% and 14% respectively.
The current price level in 50% of the channel, if price continue to move in the channel structure, oil price may continue to trade lower.

On the right chart showing the current price swing projection, price is heading 68 in the short term.
トレード終了: 利益確定目標に到達:
Oil have decreased 14.5% from the high,the selling were moving as the same pace as the previous 2 selling (12% and 14% decreased respectively)

Trader please play forward the chart to view current price movement. As price near to lower channel, seller please be cautious as reversal could be near.
コメント:
Market have breakdown significantly from 6 month upward channel, please refer to below link for current swing projection.

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