Elliot_Myers

Oil Gearing For $35?

FX:USOIL   Crude Oil (WTI)
The Geo-political situation has improved for oil             as of late and a recovery from the lows of $28 has been gathering pace in the last few days. Eyes now turn to the $35 handle however Fridays candle signals a bearish reversal, most likely to the $31 handle before price will either break lower or bounce back.
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