plancton0618
Long

US OIL will break the monthly resistance? 🦐

TVC:USOIL   CFDs on WTI Crude Oil
US OIL on the monthly chart has approached a very important level of a clear resistance zone .
On the weekly chart we can see that the market has been in a consolidation phase for the last few weeks.
What we could expect is to see the price retrace between the resistance zone and ema 21 before a break or possibly a clear break of the structure retest of it and continue the uptrend move.

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Comments

Good work
+1 Reply
plancton0618 Carolcarr
@Carolcarr, thanks for the feedback 🦐
Reply
great chart by year however, not this time..its going to break once vaccine is available in the market...so for now its between 40 to 42 is good news and down again....
Reply
@Marnil, thanks bro 🦐
Reply
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