Oil will rise =)
Let's take a quick look at oil
We see that oil moves out of the clutches of the downtrend.
the last high was exceeded and I now start from rising prices.
The 200 is also on our side and gives us additional stop from below.
since the market has been consul- ting for a very long time (since 9 january), the increase should now be commensurate.
close to the 50th fibonacci, the market is once again encountering strong resistance and we must see how the market participants behave there.
enjoy the way
logindaten
We see that oil moves out of the clutches of the downtrend.
the last high was exceeded and I now start from rising prices.
The 200 is also on our side and gives us additional stop from below.
since the market has been consul- ting for a very long time (since 9 january), the increase should now be commensurate.
close to the 50th fibonacci, the market is once again encountering strong resistance and we must see how the market participants behave there.
enjoy the way
logindaten
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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.
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.