Channel Formed - Await for trendline break
Oil has been on a Roller-coaster ride in recent months due to uncertainty with production cuts.
A nice channel has formed and a trendline break shown in the chart would indicate a nice long for continuation of this channel.
A nice channel has formed and a trendline break shown in the chart would indicate a nice long for continuation of this channel.
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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.