Hi Traders,
Crude Oil has seen some crazy gains completely supporting the V shape recovery stated at during the first and second lockdown. price is currently reaching similar levels to pre covid which bring to light the idea that oil is now well over extended. $63.5 is the level we are looking at for a rejection and for price to move lower.
Thanks
The Market Sniper Team
Crude Oil has seen some crazy gains completely supporting the V shape recovery stated at during the first and second lockdown. price is currently reaching similar levels to pre covid which bring to light the idea that oil is now well over extended. $63.5 is the level we are looking at for a rejection and for price to move lower.
Thanks
The Market Sniper Team
Related publications
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.
Related publications
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.