Oil in long term down trend since October, tested and respected the trend line
4h inside bar and hanging man
I would expect it to come to 52.2 area and make higher low if starting new trend
if not come down to 50.7 area of strong support
4h inside bar and hanging man
I would expect it to come to 52.2 area and make higher low if starting new trend
if not come down to 50.7 area of strong support
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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.