I see such a scenario for oil. The price may reach the $78 zone and from there attempt to launch toward higher levels such as $115–120–130, and even the previous high. I will only consider a stable ceasefire or peace scenario if oil breaks below the origin of the move.
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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.