OIL moving down
Price of Crude Oil has been constantly rising for past 3 and half months. Therefore, probability for a short opportunity is constantly rising. And I believe that we finally came to the point, where shorting may be the way to go...
We see a potential double top on OIL chart. If we get a break AND CLOSE below marked region, then there is a lot of space for a pullback.
We see a potential double top on OIL chart. If we get a break AND CLOSE below marked region, then there is a lot of space for a pullback.
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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.