FXbrawler

BCOUSD - The big picture

OANDA:BCOUSD   Brent Crude Oil
BCO broke out of a reversed H&S pattern and now came into some resistance. It is accumulating in a triangle formation which suggests a continuation, however, I don't rule out that it will pop on the downside. For now I am watching it, but given that this pattern is visible on a weekly chart, I will pyramid heavily into either direction it chooses. For now I am just messing around taking scalps into the pattern as I just did today. Be careful not to be caught on the wrong side of a trade with it though, as a monster is about to emerge from the water.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.