CLSK Forex Analysis for Today, Friday(05-01-2024)

CLSK Forex Analysis for Today, Friday(05-01-2024)

CLSK Forex Analysis for Today, Friday(05-01-2024)

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Warning! Oil Could Drop to 71.00 Again!

CLSK Analysis – A strong bearish pattern is visible on the H1 time frame, in the form of three black crows. A pullback has occurred to the middle area of the pattern, presenting a good selling opportunity.

Today’s Trading Strategy:

  • SELL at the range of 72.20-73.00
  • Target: 71.40-71.00

Alternative:

  • BUY STOP @74.00
  • Target: 75.40-76.45

Resistance Levels:

  • R1 74.00
  • R2 75.40
  • R3 76.45

Support Levels:

  • S1 72.20
  • S2 73.00
  • S3 71.40
  • S4 71.00
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Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.


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