Weekly price action has clearly indicated eventual decline o oil prices sub 42$ a barrel. at the moment, daily candles have created a somewhat vague support two days straight. this paves way to retesting intraday broken structure as indicated on the chart. daily and weekly closure above that level would mean an entirely dierent story
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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.