A relatively long-term analysis of oil is giving the signal that there’s a possibility of a sharp move down toward $65 per barrel. So on the lower timeframes, we can look for entries and quicker triggers to catch this move. My personal view is that a sharp move is forming.
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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.