According to the H4 chart, the price is expected to rise reaching the top of the falling channel. With the fall of the oil price, it is expected the falling channel breaks and the longer term bullish trend resumes. If this analysis was useful for you, it would be of your kind to drop a like supporting our team.
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.
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.