Just as I posted in my last private idea powers are fighting tooth and nails against this decline.
We have a clear level where they are trying to prevent oil from further falling: 47$.
But after that 3 month of never ending consolidation it's not possible. They will need to change their advisors to manipulate this market successfully because it's going to fall again.
The panic selling will be activated at breaking 47$. Target: 42$.
NEW SHORT ENTRY
We have a clear level where they are trying to prevent oil from further falling: 47$.
But after that 3 month of never ending consolidation it's not possible. They will need to change their advisors to manipulate this market successfully because it's going to fall again.
The panic selling will be activated at breaking 47$. Target: 42$.
NEW SHORT ENTRY
Trade closed manually
The key is still the 50 EMA.