TVC:USOIL registered a strong upwards movement in the short term and now is located at 89.49. Fundamentally, the Canadian Retail Sales and Core Retail Sales should have a big impact on this market later. Positive economic figures should lift the price. From the technical point of view, the rate stands right below 89.57 - 90.23 resistance zone. A bearish...
I see a weak bullish trend but the price might go until daily R1, then fall at least the daily S1.
I don't see enough volume to go long! The pattern is still bearish, and maybe we have to think in sell, until reach the next support!.
this thing is going long ... I would jump in if my account was large 10.00 lot size .. 100,000 in 2 days
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Wti Long term view look for long Thanks
Undoubtedly, what happened in Saudi Arabia is highly likely to reduce the production of crude oil considerably and logically this causes a rise in it, now the important thing is to see that at the technical level the price presented an impressive bullish gap that at its Once a large flag structure was broken in a violent and bullish way, the price will undoubtedly...
I have simply traced the most possible routes that the price could make, their areas of reaction / (as resistances and major supports) SHOULD PUT ATTENTIVELY to the sights that logically when the price reaches those levels will have to be careful to be that path takes. Good Luck // Note ::: eye with the price of copper this metal has a relationship (not a 100%...