after the creation of the reversal figure '' inverse head and shoulders '' and the confirmation of the breakout of vwap and neckline we can take the buy position after the opening of the market
after the test of a strong support we had a rejection at the level of the uptrend
after the breakout with force of this powerful resistance we can take a buy position
Hello world! According to my technicale analysis, Oil has returned back to the level it left in November 2014, which is a very strong trading range. We can also observe that oil is reaching the top of the Uptrend channel, which means that we may see a small correction in the next few days/weeks. It can go down to the red line (which is a strong market support)...