The crude oil getting lesser demand and getting overflow.. The price get more lower than expected. Due to Asian and European session, depression to oil price getting more high. The support 1, looks like has been breach, and straight down to support 2.
If both this supports are broken, foresee that will see an Iceberg support deep at 8.85-8.35 . In case if the breaking is easy, maybe we will witness price plummet to $2.00
If both this supports are broken, foresee that will see an Iceberg support deep at 8.85-8.35 . In case if the breaking is easy, maybe we will witness price plummet to $2.00
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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.