News--Decrease in Oil Demand// Monthly Chart-- Price moving to an expensive area of the chart, but Buyers in control.// Weekly Chart--Uptrend, price holding above the 20 MA.// Daily Chart--Fresh demand zone at 91.00, with room for price to rise to 94.00.// Risk to reward-- Risk=65 pips, T1=130 pips, T2=325 pips.
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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.