From an elliot wave standpoint price appears to be consolidating in wave 4 triangle
a break of the upper border of the trendline should pump price to 150 USD per barrel of Russian oil
Gonna be a big squeeze for everyone IMO
Invalidation below wave 1 territory
a break of the upper border of the trendline should pump price to 150 USD per barrel of Russian oil
Gonna be a big squeeze for everyone IMO
Invalidation below wave 1 territory
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.