Ali_Ena

US OIL; Move-Rest-Move

Long
TVC:USOIL   CFDs on WTI Crude Oil
US oil has followed the pattern of movement-rest, then another movement-rest upwards.
Fundamentally, oil can reach higher prices. Therefore, it can be assumed that another flag will be formed to reach the next S/R on the price path.

This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
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