- July 21, 2020
- Posted by: Tradingshot Articles
- Category: Uncategorized
No Comments
Pattern: Channel Up on 4H.
Signal: (A) Bearish as long as the 42.50 Resistance holds, (B) Bullish if it breaks.
Target (A) 43.30 (Higher High of the wider Channel Up), (B) 40.50 (just below the 4H MA50 and above the dashed Higher Low trend-line)
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Tradingview link:
https://www.tradingview.com/chart/CLU2020/MJX2NArc-OIL-Trading-Plan