SELL OIL
Oil seems being resuming with the longterm momentum. The first selling pressure is confirmed with price holding below the previous congestion area creating a clear lower low breaking into the 200SMA and holding below.
We might not see $65 before we test at least the $50 level.
We might not see $65 before we test at least the $50 level.
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.