With current market conditions, oil is headed towards the $17.65 mark almost unhindered. Extrapolating the previous resistance lines of the past few trading sessions provides a very useful hint of where it's headed and when.
Note
Correction: $17.25
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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.