We expect price action from the setup to reach the 3540-50 liquidity area and successfully rebound from the range. When this is confirmed, we are positive that the ATH will be reached somewhere near the 15 of July.
Oil is a commodity, meaning that it does not have value unless we determine it. Price is a reflection of the pull of supply and demand across the globe 1. From October winter is coming to Europe and oil one of their son energy source for both heating and industry cooling. Beginning of October. 2. Russia and Saudi Arabia, the crude oil supplies have agreed to...