Market Analysis
In US OIL $70.85 looks a great RESISTANCE zone and after yesterdays raise now oil trades in that zone more over it also forms a BEARISH CYPHER pattern in DAILY time frame...
So i could expect a 0.382 retarcement upto $68.14 level May be a sharp fluctuation @ today's inventory time...
Let's see....what's going to happen..
In US OIL $70.85 looks a great RESISTANCE zone and after yesterdays raise now oil trades in that zone more over it also forms a BEARISH CYPHER pattern in DAILY time frame...
So i could expect a 0.382 retarcement upto $68.14 level May be a sharp fluctuation @ today's inventory time...
Let's see....what's going to happen..
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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.