Is big money convinced on a bottom here?
For those of you who do trade oil keep an eye on this bad boy this week. Look at the shared support / resistance. However what caught my eye is where is the volume we had the last two previous lows? In my opinion big money isn't convinced on this bottom especially with the lack of volume on this last low. Is this a fake break out or did we / do we consolidate for a run up further? Trade this puppy at your own risk. Have a great weekend!
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