From 34 recent low Oil has risen 20% to 41 resistance zone.
Now the price is just under this important resistance and I expect Oil to remain in this 35-41 range in the medium term
That being said I will look to sell rallies above 41 with a target on the lower part of the range
Now the price is just under this important resistance and I expect Oil to remain in this 35-41 range in the medium term
That being said I will look to sell rallies above 41 with a target on the lower part of the range
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.