This is my technical analysis for the Oil commodity:
We can see that in general the market is bullish, forming Higher Highs and Higher Lows. Also the price has greatly respected the Bollinger bands, so I think that once the price reaches 53.40 and after a confirmation with Retest, we can see the oil reaching new heights. In general it is a swing strategy that can be capitalized after 10-15 days
We can see that in general the market is bullish, forming Higher Highs and Higher Lows. Also the price has greatly respected the Bollinger bands, so I think that once the price reaches 53.40 and after a confirmation with Retest, we can see the oil reaching new heights. In general it is a swing strategy that can be capitalized after 10-15 days